Māori party tax plan undercuts Nats by nearly $100 per week for average worker

Te Pāti Māori co-leaders Debbie Ngarewa-Packer and Rawiri Waititi. (NZME)

Thu, 27 Jul 2023

Te Pāti Māori has announced a tax policy which would lead to the average full-time salary earner paying nearly $120 less per week in income tax – compared to a $20 tax cut offered by National.Te Pāti Māori (TPM) is proposing to make the first $30,000 of income tax-free and to can GST on food, while raising taxes on higher earners and companies and introducing new taxes on wealth, foreign companies, land banking and vacant houses.The average full-time worker now pays $322.37 a week in income tax on their earnings of $1,506 – under th...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Economy

Surprise pick: Sweden’s Anna Breman to lead RBNZ

Breman is currently first deputy governor of Sweden’s central bank.

Rebecca Howard and Pattrick Smellie 3:10pm

Retail

KMD posts weak earnings amid reports of billionaire's interest

Shares of the Kathmandu owner were up over 10% by midday.

Gregor Thompson 1:10pm

KMD posts weak earnings amid reports of billionaire's interest

Economy

Anna Breman new RBNZ governor

Breman is the first deputy governor of Sweden’s central bank.

Rebecca Howard 1:04pm

Sponsored

AI agents: opportunity or graveyard? Spark’s five-point playbook for success

Artificial intelligence agents – autonomous digital entities that analyse data, automate decisions, and act independently – are set to drive a new wave of business transformation.

Spark Enterprise

Sponsored

Future leaders start by Dreaming Big

How OnBeingBold empowers Year 13 girls at free leadership events.

OnBeingBold

More Policy

Economy

Willis, Edmonds offer 'boardroom' bipartisan vibes

'We are the centre, Labour and National,' said Labour's Barbara Edmonds.

Pattrick Smellie 12:28pm

Opinion

Dileepa Fonseka: Fear, panic and a sour mood in the boardroom

Strong on the world stage, the PM’s weaknesses at home are hurting him.

Dileepa Fonseka 6:00am

Policy

New Employment Leave Act aims to reduce complexity

Cabinet will repeal and replace the Holidays Act 2003 with a new Employment Leave Act that is simpler and easier to understand, said Workplace Relations and Safety Minister Brooke van Velden.“The problems with the act have been well canvassed over the years, costing billions in l...

Staff reporters 23 Sep 2025

Policy

Auditor general's fast track warning

Review found the fast track process was tighter than current Cabinet Manual rules.

Michael Neilson 22 Sep 2025

Māori party tax plan undercuts Nats by nearly $100 per week for average worker

More Policy

Your company has a subscription

Team