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Labour Party’s policies on economic issues

Candidates

Topics

the Economy  ›  Equal Pay

Should employers be required to pay men and women the same salary for the same job?

  Public statementsYes

the Economy  ›  Taxes

Should New Zealand raise taxes on the rich?

  Party’s support baseYes

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

  Public statementsYes, and adjust it every year according to inflation

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  Party’s support baseYes, but provide treatment for those testing positive

the Economy  ›  Welfare

Should there be fewer or more restrictions on current welfare benefits?

  Party’s support baseFewer


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the Economy  ›  Capital Gains Tax

Should New Zealand introduce a capital gains tax?

  Public statementsNo

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

  Party’s support baseYes

the Economy  ›  Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

  Party’s support baseYes

the Economy  ›  Retirement Age

Should the age of retirement be raised?

  Public statementsNo, the current age of 65 is sufficient

the Economy  ›  Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

  Party’s support baseNo

the Economy  ›  Corporate Tax

Should New Zealand raise or lower the tax rate for corporations?

  Party’s support baseRaise

the Economy  ›  State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

  Party’s support baseYes

the Economy  ›  Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

  Party’s support baseYes

the Economy  ›  Labor Unions

Do you believe trade unions help or hurt the economy?

  Public statementsHelp

the Economy  ›  Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

  Party’s support baseYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

  Party’s support baseNo

the Economy  ›  Trans-Pacific Partnership

Do you support the Trans-Pacific Partnership (TPP)?

  Public statementsYes

the Economy  ›  Offshore Banking

Should New Zealand’s citizens be allowed to save or invest their money in offshore bank accounts?

  Party’s support baseYes, as long as offshore income is reported

the Economy  ›  Tariffs

Should the government add or increase tariffs on products imported into the country?

  Party’s support baseNo, this will hurt our manufacturing businesses that rely on importing cheap resources to make their products

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

  Party’s support baseNo

the Economy  ›  Bitcoin

Should the government classify Bitcoin as a legal currency?

  Party’s support baseNo