NZ Business AllianceNew Zealand business intelligence

Election 2026

The business policy tracker

What the parties promised on tax, KiwiSaver, wages, competition, energy and councils, and what happens to each promise after the election. Written for people who run a business.

Promises checked 3 November 2026NZ Business Alliance

No government has been formed yet, so every promise is still just a promise. Statuses change as coalition talks finish and bills are introduced.

Promised

32

Announced during the campaign.

Tax

PartyPromiseStatus
NationalNo new taxes. National’s fiscal plan prioritises bringing down debt and delivers a surplus in 2028/29. SourcePromised
LabourA 28% capital gains tax on profit from selling investment property after 1 July 2027, with the revenue ring-fenced for health. SourcePromised
GreensA fairer tax system: the Greens say 96% of workers would pay less income tax while people worth over $10 million pay more, with about $8 billion a year in new revenue from the super-rich and big corporations. SourcePromised
Te Pāti MāoriThe “Kiwi Tax Plan”: the first $30,000 of income would be tax-free, and the party says 97% of people would pay less income tax. SourcePromised
Te Pāti MāoriA targeted wealth tax on the wealthiest 3%, plus more revenue from corporations, offshore profit transfers, vacant property and land banking. SourcePromised

KiwiSaver and savings

PartyPromiseStatus
NationalMake KiwiSaver compulsory for all workers and kickstart every child’s savings at birth. SourcePromised
LabourRaise compulsory employer KiwiSaver contributions to 6% by 2032. SourcePromised

Wages and employment

PartyPromiseStatus
LabourRestore pay equity legislation and bring back Fair Pay Agreements. SourcePromised
LabourA $4 an hour pay rise for care and support workers from 1 January 2027. SourcePromised
GreensA job pathway guarantee for every 16- to 24-year-old who has been out of work for six months. SourcePromised

Support for business

PartyPromiseStatus
LabourExtend apprenticeship support and a Small Business Action Plan costed at $1.56 billion over four years. SourcePromised
NationalA plan to double the value of New Zealand’s exports by 2034. SourcePromised
GreensAn economic development plan the party says would create 284,000 jobs over four years and lift research and development towards 3% of GDP. SourcePromised

Competition and prices

PartyPromiseStatus
NationalSeparate New World and PAK’nSAVE so they compete harder on pricing, specials and range. SourcePromised
LabourMake it illegal for large companies to overcharge for essentials, and open up grocery competition. SourcePromised
GreensA New Zealand-owned supermarket chain to compete with the two major chains; the Greens estimate buying 120 supermarkets and two distribution centres would cost $2.8 billion. SourcePromised
OpportunityGive the Commerce Commission more independence and power to tackle excessive market power, including forcing structural separation. SourcePromised

Energy and fuel

PartyPromiseStatus
NationalA nine-point energy plan to address the costs pushing up power bills, plus a Home Energy Fund to help electrify homes and farms. SourcePromised
LabourFreeze fuel excise tax for three years. SourcePromised
GreensLower power bills and a shift to cleaner energy, with energy under public ownership. SourcePromised

Climate and emissions

PartyPromiseStatus
ACTRepeal the Zero Carbon Act and scrap the net zero by 2050 target. SourcePromised
ACTRemove the minimum price for emissions trading auctions and return 100% of net carbon auction revenue to New Zealanders through a carbon tax refund. SourcePromised
ACTOppose a tax on agricultural emissions. SourcePromised
OpportunityRecommit to climate goals, including the Paris Agreement obligations, and protect the Climate Change Commission’s independence. SourcePromised

Councils and regions

PartyPromiseStatus
NationalKeeping rates affordable and refocusing councils on core services, with a reset of the International Visitor Levy so councils see a return from visitors. SourcePromised
NZ FirstReturn half of any mining royalties to the regions. SourcePromised

Property and rentals

PartyPromiseStatus
LabourBan no-cause evictions and set warmer, safer rental standards. SourcePromised

Government books

PartyPromiseStatus
NationalBudget Responsibility Rules: three rules to keep debt down, return to surplus and keep taxes low. SourcePromised
LabourReturn the books to an operating surplus (OBEGAL) by 2028/29 and reduce net debt towards 20% of GDP. SourcePromised
GreensA fully costed fiscal plan that returns the books to surplus in 2029/30, funded by about $8 billion a year in new revenue from the super-rich and big corporations. SourcePromised

Lobbying and donations

PartyPromiseStatus
GreensCap political donations at $30,000, stop companies donating and set up a public register of lobbyists. SourcePromised
OpportunityIntroduce lobbying regulation and a cap on political donations. SourcePromised

How this tracker works

Each row is a promise a party announced before the 7 November 2026 election that affects businesses directly: what you pay in tax, what staff cost, what you pay for power and fuel, how hard big competitors have to compete, and what councils charge. The wording follows our parties and policies summaries, which link to the party’s own pages or named news reports.

Once a government is formed, promises from parties outside it are marked not in government, and promises from governing parties move to in a coalition agreement, under way, done or dropped as the agreements are published and bills go through Parliament. Each change links to its source.

Promise wording from the parties’ published policies and named news reports, checked 3 November 2026; see each party’s page for the full list of sources. Statuses are updated by NZ Business Alliance from coalition agreements, government announcements and Parliament’s bills. Spotted something out of date? Tell us.