As of 25 July, the Labour Party lead the Bribe-O-Meter and has promised $17.5 billion in new spending. This is $11.7 billion more than the 2014 election. $17.5 billion is equivalent to $10,153 per household.
Labour has focussed their policies on social spending, which makes up $14.1 billion of their total new spending. This includes $6.7 billion on welfare, $4.9 billion on health, and $2.5 billion on education.
The Bribe-O-Meter does not include amounts tagged for future policy announcements, as the costs of those policies will be reviewed once they are announced.
This week’s update also adds the Green Party and shows the Green's have pledged $8.1 billion in new spending initiatives, or $4,689 per household. Like Labour, the Green’s have focussed on social spending, committing $6.2 billion so far. Almost all of this, or $6.1 billion, is on welfare. This includes a 20% increase in all benefits, extending paid parental leave and changes to Working For Families.
The National Party remain relatively conservative, offering just $1.3 billion in new spending or equivalent to $780 per household. The majority of National’s current spending commitments are on economic development, including $831 million on infrastructure investments and $425 million on housing development.
National's major policy announcements over the last week were a $231 million infrastructure investment in Kaikoura and a $600 million investment through the repurposed and renamed Crown Infrastructure Partners – an entity aimed at assisting infrastructure funding for new housing areas.
You can read detailed breakdowns of each party's policies (and the costs) here: