# National hints at tax cuts after 2029

> National promises tax cuts for voters after 2029 as fiscal plan shows surplus path.
- Title: National hints at tax cuts after 2029 · RNZ | Shortify
- Summary: National promises tax cuts for voters after 2029 as fiscal plan shows surplus path. National will consider tax relief for working New Zealanders once…
- Keywords: national, tax cuts, fiscal plan, surplus, 2029, christopher luxon, nicola willis, treasury, prefu, politics, news, hints
- Source: RNZ — https://rnz.co.nz/news/political/1858565/national-hints-at-tax-cuts-after-2029-as-fiscal-plan-released
- Author: RNZ | Te Reo Irirangi o Aotearoa
- Published: 2026-10-11T23:15:21+00:00
- Read time: 1 min
- Topics: national, tax cuts, fiscal plan, surplus, 2029, christopher luxon, nicola willis, treasury, prefu, politics, news
## National fiscal plan released
National released fiscal plan aligning with Treasury's Pre-election Economic and Fiscal Update forecasts.
## Tax cuts delayed until 2029
National will not cut taxes until books return to surplus, which isn't forecast until 2029.
## Health funding commitment
National allocates $15.4 billion for health investment over next four years including medicines and bowel screening.
## School lunch program extension
National extends school lunch program with $451.8 million until next election.
## Surplus growth projection
Operating surplus projected to grow from $4 billion in 2028/29 to $11.7 billion in 2030/31.
## Key takeaway

National will consider tax relief for working New Zealanders once government books return to surplus by 2029.