# Labour releases fiscal plan amid election campaign

> Labour's fiscal plan sparks National's tax criticism during election campaign launch.
- Title: Labour releases fiscal plan amid election campaign · RNZ
- Summary: Labour's fiscal plan sparks National's tax criticism during election campaign launch. Labour proposed a $2.5b pay rise for 65,000 care workers over four…
- Keywords: labour, national, kiwisaver, election 2026, fiscal plan, tax policy, auckland, politics, news, releases, fiscal, plan
- Source: RNZ — https://rnz.co.nz/news/politics_election-2026/1710400/election-2026-live-act-vows-to-scrap-tax-on-kiwisaver-earnings-at-campaign-launch-in-auckland
- Author: RNZ | Te Reo Irirangi o Aotearoa
- Published: 2026-10-04T04:41:00+00:00
- Read time: 1 min
- Topics: labour, national, kiwisaver, election 2026, fiscal plan, tax policy, auckland, politics, news
## Labour fiscal plan
Labour released its long-awaited fiscal plan on Sunday, claiming it would address the cost-of-living crisis through targeted spending.
## National's tax criticism
National accused Labour of lying, claiming its policy had an $8.5b hole that would require more borrowing and taxes.
## Care workers pay rise
Labour promised a $2.5b pay rise for 65,000 care and support workers over four years, re-implementing pay-equity legislation.
## National's blue bus pledge
National launched a blue campaign bus and pledged $1.75b to build South Auckland's Mill Road, which NZ First claimed it first announced in July.
## ACT's tax proposal
ACT leader David Seymour promised to remove tax on KiwiSaver earnings to protect wealth creation during the cost-of-living crisis.
## Te Pāti Māori list
Te Pāti Māori announced its one-person party list with general secretary Lance Norman as the only extra candidate.
## Key takeaway

Labour proposed a $2.5b pay rise for 65,000 care workers over four years while National claimed Labour's policy had an $8.5b hole.