NZ Herald·3 min read·medium

Election 2026: Greens propose $6b economic package promising 64,000 new jobs

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Adam Pearse
Election 2026: Greens propose $6b economic package promising 64,000 new jobs
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The New Zealand Green Party has unveiled a $6 billion economic plan aimed at creating 64,000 jobs over four years. The policy focuses on decarbonization, research funding, and incentivizing productive investment.

Why it matters

This policy proposal sets the stage for economic debate ahead of the 2026 election, highlighting the party's focus on green industrial policy.

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The Green Party says it will create an additional 64,000 jobs through its economic development plan worth nearly $6 billion over four years.

The policy, released this morning, features several measures the Green Party claims will stimulate the economy and bring the number of expected new jobs over the next four years to 284,000.

Part of the policy was to rescope the Government’s investment boost tax deduction scheme to incentivise “productive investment that aligns with industry policy objectives, decarbonisation and decent work principles”.

Potential coalition partner Labour has committed to repealing Investment Boost.

It would establish industry policy objectives linked fellowships for researchers and technical specialists and create a funding pathway to help innovators “move from business experimentation and research through to validation, commercialisation and scaling”.

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