# Labour rejects Willis' Investment Boost claim

> Labour admits $90m error but denies $2.2b gap in Investment Boost policy.
- Title: Labour rejects Willis' Investment Boost claim · RNZ | Shortify
- Summary: Labour admits $90m error but denies $2.2b gap in Investment Boost policy. Labour admits a $90m error in its fiscal plan but denies a $2.2 billion gap in…
- Keywords: labour, national, nicola willis, barbara edmonds, investment boost, fiscal plan, tax policy, election 2026, politics, news, rejects, Willis'
- Source: RNZ — https://rnz.co.nz/news/politics_election-2026/1761176/labour-rejects-willis-investment-boost-claim-but-admits-small-90m-error
- Author: RNZ | Te Reo Irirangi o Aotearoa
- Published: 2026-10-06T03:02:25+00:00
- Read time: 1 min
- Topics: labour, national, nicola willis, barbara edmonds, investment boost, fiscal plan, tax policy, election 2026, politics, news
## Labour rejects Willis' claim
Labour says National's Nicola Willis is wrong about Investment Boost policy calculations.
## Small $90m error
Labour admits a $90 million error in its fiscal plan due to misclassified costs and savings.
## Fiscal plan correction
Labour confirms unallocated funding drops from $10.48b to $10.39b after correction.
## Willis claims $2.2b gap
National's Finance spokesperson says Labour's policy costs $5.5b over forecast, leaving $2.2b gap.
## Edmonds explains policy cost
Barbara Edmonds says policy cost is net figure after accounting for reduced depreciation deductions.

> Nicola Willis is wrong. The cost of keeping the policy is a net figure, after accounting for reduced depreciation deductions on existing assets
## Willis calls explanation 'gobbledegook'
Willis says Labour's costings stack up and Edmonds' explanation is 'gobbledegook'.
## Treasury refuses independent review
Treasury declines to cost or comment on Labour's policy proposals per election guidelines.
## Key takeaway

Labour admits a $90m error in its fiscal plan but denies a $2.2 billion gap in National's Investment Boost policy calculations.