NZ First leader Winston Peters says New Zealand needs annual economic growth of 3.5% to 4% to lift wages, improve living standards and restore the country’s standing among OECD nations.
Speaking to RCR, Peters said New Zealand should aim to grow its economy from about $455 billion a year to $900 billion, doubling it by 2050. “We need a much higher wage structure,” he said. He argued stronger growth would help pay for pharmaceuticals, education and hospitals, and attract New Zealanders overseas to return home.
NZ First has also proposed annual minimum wage increases over three years and raising the in-work tax credit to $217. “Where’s your plan to grow the economy?” Peters asked other political leaders.
Every plan from every party for any economic growth will fail because the globalists are busy fleecing NZ
A plan for the economic growth of Winston Peters which taxpayers have, and will pay for…. dearly!
Too little too late. No one wants to be here anymore.
Higher wages will reduce competitiveness. Lowering costs would be much more beneficial, especially if export markets are the target (which they should be).
One easy way the uni-party fake democracy could lower costs would be to reduce taxation and compliance costs. Eliminating government quangos should also be high on the agenda, along with eliminating any and all woke related programs funded by the government (yes, I know there won’t be any left if that happens).
All Winnie is angling for with higher wages is a higher tax take so the fake-democracy uni-party can spend more money.
Winston is right. All we are getting is idle promises.
A plan for economic growth is a moot matter among these…’Parties’…!
The only economic plan that is just, proper and evenly distributed are the economic policies of the NZ LOYAL PARTY, as noted below-
Economics
February 4, 2025 Published by Kelvyn Alp
New Zealand Loyal – The Economy
Reclaiming Control and Prosperity
Introduction
New Zealand’s economy has been compromised by decades of neoliberal policies, privatization, and globalization. The promises of politicians who pushed for privatization have proven false, delivering neither greater efficiency nor lower costs. Instead, we’ve seen the systematic dismantling of our economy, leaving us vulnerable to external control. It’s time to take back our economy and ensure it serves the people.
The Five Economic Arteries
A healthy economy relies on five vital arteries: finances, communication, energy, water, and transportation. NZ Loyal is committed to reclaiming control of these essential services.
Finances
We will nationalize the Reserve Bank of New Zealand, ending private control and usury. The current system, where money is created out of thin air and loaned at interest, is a mathematical impossibility that guarantees debt accumulation and enslavement. We will introduce a new monetary and taxation system, moving away from the debt-based fiat currency system.
Communication
We will nationalize communications, ensuring every home has a landline and reliable internet access. Recent natural disasters have highlighted the importance of communication infrastructure. We will rebuild and upgrade our communications infrastructure to serve the people.
Energy
We will nationalize our energy grid and means of production, reinstating Marsden Point and building a new refinery in the South Island. New Zealand has an abundance of oil and gas, and we will utilize these resources to ensure energy independence.
Water
We will nationalize our water resources, ensuring they are used for the benefit of all and are free from contaminants like fluoride. Water is a fundamental human right, and we will protect it for future generations.
Transportation
We will nationalize our transport infrastructure, creating reliable and effective transportation systems. This includes roads, railways, and public transport. We will also investigate and hold accountable those who have pushed the “green agenda” and its associated corruption.
Economic Self-Sufficiency
We prioritize economic self-sufficiency over comparative advantage and free trade agreements that have led to deindustrialization and job losses. We will stimulate the reindustrialization of our economy and insource many offshored service sectors.
Anti-Corruption Measures
A dedicated anti-corruption team will be established to investigate past and present corruption, including offshore-directed parties. This will include insider trading, nepotism, and the revolving door between the government and private sector.
International Agreements
All international agreements that do not benefit the New Zealand people will be scrapped. We will set our own monetary and taxation policies free from the influence of globalist institutions.
Conclusion
NZ Loyal is committed to reclaiming our economy and ensuring it serves the people. We will create a prosperous and self-sufficient nation, where everyone has access to quality services and opportunities. Join us in our mission to take back control and build a better future for all New Zealanders.
© 2025, All Rights Reserved
Leader – avatar
About the author: Leader
Kelvyn Alp is the Leader of New Zealand Loyal.
AND-
Monetary & Taxation
February 4, 2025 Published by Kelvyn Alp
Sovereign Wealth, Simplified Prosperity
New Zealand will adopt a revolutionary economic framework, creating its own coin, credit, and currency, while introducing a 1% transaction tax to replace all other taxes. This policy aims to propel New Zealand to unprecedented prosperity by harnessing its natural resources, eliminating predatory market manipulation, and aligning monetary policy with national interests.
Sovereign Currency Issuance
1. Creation of New Zealand’s Own Currency: The Reserve Bank of New Zealand (RBNZ) will create new money ex nihilo to fund government expenditures, eliminating reliance on external borrowing and interest payments.
2. Monetary Policy Alignment: The RBNZ will be brought under the New Zealand Treasury to ensure monetary policy is aligned with national interests and fiscal policy.
Transaction Tax
1. Replacement of All Other Taxes: A 1% transaction tax will be introduced on all financial transactions, including electronic payments, cash withdrawals, online transactions, and securities trades, replacing all other taxes.
2. Revenue Allocation: Transaction tax revenue will be allocated towards funding public goods and services, including increased infrastructure investment.
Increased Infrastructure Investment
1. Harnessing of Natural Resources: New Zealand will invest in harnessing its natural resources, including the Great South Basin and other oil reserves, to drive economic growth and prosperity.
2. Infrastructure Development: Increased infrastructure investment will focus on strategic sectors, such as transportation, energy, and education, to support long-term economic resilience.
Removal of New Zealand Dollar from Market Manipulation
1. Protection from Predatory Behaviour: The New Zealand dollar will be removed from market manipulation and predatory behaviour, ensuring economic stability and security.
2. Elimination of Inland Revenue: Inland Revenue will be eliminated, simplifying the tax system and reducing administrative burdens on taxpayers.
Benefits and Implications
1. Increased Economic Resilience: New Zealand will enjoy increased economic resilience, driven by sovereign currency issuance, transaction tax revenue, and strategic infrastructure investment.
2. Prosperity and Wealth: By harnessing its natural resources and eliminating predatory market manipulation, New Zealand will propel itself to unprecedented prosperity and wealth.
3. Simplified Tax System: The 1% transaction tax will consolidate and replace various existing taxes, reducing complexity and administrative burdens on taxpayers.
Conclusion
New Zealand’s Sovereign Currency and Transaction Tax Policy marks a significant shift towards a more resilient, prosperous, and sovereign economy. By harnessing the power of sovereign currency issuance and a simplified transaction tax, New Zealand will break free from the shackles of predatory market manipulation and external borrowing.
This policy will propel New Zealand to unprecedented prosperity and wealth, driven by strategic infrastructure investment, harnessing of natural resources, and a simplified tax system. As New Zealand takes control of its economic destiny, it will become a beacon of hope for nations seeking to reclaim their sovereignty and build a brighter future for their people.
With this policy, NZ Loyal reaffirms its commitment to putting the interests of New Zealanders first, ensuring that the country’s economy serves the people, not just the privileged few. Together, we can build a more prosperous, resilient, and sovereign New Zealand for all.
See also: https://nzloyal.com/new-zealand-loyal-1-transaction-tax/
https://nzloyal.com/wp-content/uploads/2025/05/NZ-LOYAL-1_-TRANSACTION-TAX.pdf
© 2025, All Rights Reserved
Leader – avatar
About the author: Leader
Kelvyn Alp is the Leader of New Zealand Loyal.