Christopher Luxon suggests fuel excise tax rise, accommodation levy if National re-elected
New Zealand National Party leader Christopher Luxon has suggested potential increases to fuel excise taxes and the introduction of an accommodation levy if his party wins the upcoming election. Luxon clarified that while these levies are on the table, the party remains committed to avoiding new taxes on working people.
Why it matters
The proposal highlights the economic trade-offs and fiscal challenges facing New Zealand's political parties during a cost-of-living crisis.
Christopher Luxon says raising the fuel excise tax and imposing an accommodation levy could be on the cards if National is re-elected.
A bank tax could also be on the way, as work continues on considering a wider levy than the one imposed on banks in this year's Budget.
On Sunday, the National party committed to three so-called Budget Responsibility Rules aimed at returning to surplus, cutting debt and keeping taxes low.
The party promised to adhere to them if re-elected as a bulwark against economic shocks, with Nicola Willis confirming there would be "no new taxes on working people".
Speaking to Morning Report , Luxon was asked what "on working people" meant.
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