# Green Party proposes $6b economic plan for 64,000 jobs

> Green Party pledges $6 billion economic package to create 64,000 new jobs by 2026.
- Title: Green Party proposes $6b economic plan for 64,000 jobs
- Summary: Green Party pledges $6 billion economic package to create 64,000 new jobs by 2026. Green Party announces $6 billion economic plan promising 64,000 new jobs…
- Keywords: green party, marama davidson, chloe swarbrick, economic package, 64000 jobs, new zealand, election 2026, investment boost tax deduction, science funding, tertiary research, politics, news
- Source: NZ Herald — https://nzherald.co.nz/nz/politics/election-2026-greens-propose-6b-economic-package-promising-64000-new-jobs/I4WXOUCS3ZBS7N46NGEZEUOYUQ
- Read time: 2 min
- Topics: green party, marama davidson, chloe swarbrick, economic package, 64000 jobs, new zealand, election 2026, investment boost tax deduction, science funding, tertiary research, politics, news
## Green Party economic plan
Green Party co-leaders Marama Davidson and Chlöe Swarbrick announce the Green Party’s vision for the economy and its innovation policy.
## 64,000 new jobs target
The policy promises 64,000 new jobs through an economic development plan worth nearly $6 billion over four years.
## 284,000 jobs projection
The policy claims the number of expected new jobs over the next four years will reach 284,000.
## Investment boost tax deduction
Part of the policy rescores the Government’s investment boost tax deduction scheme to incentivise productive investment aligned with industry policy objectives, decarbonisation and decent work principles.
## Labour's stance
Potential coalition partner Labour has committed to repealing Investment Boost.
## Industry policy objectives
The policy would establish industry policy objectives linked fellowships for researchers and technical specialists and create a funding pathway for innovators to move from business experimentation through to validation, commercialisation and scaling.
## Science funding restoration
The party would restore science funding to 3% of gross domestic product (GDP) and increase funding for tertiary research.
## Public purchasing power
The policy includes using public purchasing power to support good New Zealand solutions.
## Total cost
Combined, the policy would cost about $5.9b over four years.
## Chlöe Swarbrick's statement
Co-leader Chlöe Swarbrick said, 'The Greens will not let New Zealanders be passengers in their own economy'.

> The Greens will not let New Zealanders be passengers in their own economy
## Marama Davidson's promise
Co-leader Marama Davidson promised to 'reignite our innovation system'.

> reignite our innovation system
## Policy implementation
The policy aims to drive higher wages, sustained research and innovation, better education, resilient infrastructure, healthy nature and a country New Zealanders can be proud of.
## Economic impact
The policy claims to stimulate the economy and bring the number of expected new jobs over the next four years to 284,000.
## Author background
Adam Pearse is the Deputy Political Editor and part of the NZ Herald’s Press Gallery team based at Parliament in Wellington.
## Key takeaway

Green Party announces $6 billion economic plan promising 64,000 new jobs over four years.