1 October tax cuts & super increases

Today a number of changes came into effect that will give our local households a much needed financial boost. The 1 October tax cuts for all workers and New Zealand Superannuants, the Working for Families increases, and the free off-peak public transport for Super Gold Card holders are all great examples of the Labour-led Government delivering on its promises. These changes will all make a big difference to a great many New Zealanders.

The Labour-led Government is able to cut taxes while maintaining and improving investment in important areas like health and education because we have managed New Zealand’s finances prudently. New Zealanders can trust that Labour’s tax cut package is fair, affordable, and realistic, unlike the National Party’s plan to borrow recklessly for tax cuts when international financial markets are in meltdown.

This election is about who New Zealanders can trust. The changes which take effect today show that Labour can be trusted to deliver on its promises and do what is best for the country.