We’re working hard to rebuild the economy to drive growth and opportunity.

So far, we have:

Slashed wasteful spending, cut inflation and driven down mortgage rates

• Inflation is (at 3%) down from a high 7.3% putting more money into household budgets.
• Official cash rates have dropped to 2.5% down from a high of 5.5% encouraging business to invest.
• Reduced wasteful spending with $1 billion less spent on consultants and invested that money in frontline services like schools, hospitals, and police.

Delivered tax relief

• Delivered income tax relief to hard working Kiwis for the first time in 14 years.
• Introduced Investment Boost enabling businesses to claim an upfront 20% tax deduction on new assets to encourage them to invest, expand, and hire more Kiwis.
• Introduced Family Boost payments of up to $120 a week to ease childcare costs.
• Increased rates rebates for seniors.

Boosted tourism

• Launched an events and tourism investment package to secure large scale events and concerts.
• Got tourism back near pre-COVID levels creating jobs nationwide.

Opened markets, boosted kiwi jobs and businesses

• Delivered record trade results and increased trade exports by $12 billion, pumping money directly into our local economy.
• Created more opportunities for Kiwi exporters by securing a UAE trade deal, completing GCC negotiations, and initiating trade talks with India.
• Resolved $933 million of non-tariff barriers, helping us reach our goal of doubling the value of exports in 10 years.
• Early entry into force of the NZ–EU Trade Agreement, boosting goods exported by over $1billion in the first year.
• Boosted export markets from dairy to tech innovation.

Fast-tracked projects, lowered costs and streamlined consents

• Fast-Tracked the projects NZ needs for economic growth like roads, houses, energy, and ports.
• Launched $7 billion in infrastructure projects in just six months.
• Streamlined consents to cut compliance costs.
• Opened NZ to more overseas building products to boost competition, lower costs and reduce product shortages.
• Started work to completely replace the Resource Management Act with a new consenting regime.

Ended the war on farmers

• Fixed unworkable freshwater rules.
• Restored common sense to winter grazing regulations.
• Limited farm to forest conversations.
• Delivered an Emissions Reduction Plan that doesn’t shut down farms or send production overseas.

See more about what we've delivered for you.

Cost of living reliefDelivering Quality HealthcareEducationRestoring Law & OrderAll Policy