Labour unveils $1.56 billion small business policy package

Thursday 6 August 2026 · 3 outlets · 3 reports · updated Thu 6 Aug, 11:06am

In this story Labour Party, National Party, Chris Hipkins

Labour has announced a $1.56 billion plan to support small businesses through tax relief, higher GST thresholds, and faster invoice payments. The package would be funded by replacing the current Government's Investment Boost policy. Leader Chris Hipkins stated the measures aim to address falling business confidence and high liquidation rates.

How they headlined it

11am

1. NZ HeraldThu 6 Aug, 11:00am

   Labour to scrap Investment Boost if elected under new plan for small businesses (opens in new tab)

2. StuffThu 6 Aug, 11:00am

   Labour pitches $1.56b small business plan with tax and GST relief (opens in new tab)

3. 1NewsThu 6 Aug, 11:06am

   Labour unveils small business package promising faster repayments, tax relief (opens in new tab)