Opportunity Party cost breakdown

Week 6 update:
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The Opportunity Party has announced $229.4 billion in new spending over the next four years. This is equivalent to $110,724 per household. The vast majority of this is driven by the party's flagship Citizen's Income (Universal Basic Income) policy.

Social spending
Opportunity's Citizen's Income would cost $69.6 billion a year at face value. Netted against $37.8 billion in annual savings from abolishing existing welfare benefits and $3.8 billion in welfare administration savings, but adding back $15.6 billion a year in supplementary welfare payments the party says would still be needed, the net annual cost comes to $43.6 billion — or $174.5 billion over four years.

Beyond the UBI, Opportunity's social spending includes $1.5 billion to reinstate the 2025 smokefree legislation, costed using Treasury's advice on the resulting revenue impact; $380 million to forgive overseas student loans and $320 million to restore polytechnic funding, both taken at the party's own word; $31.2 million to support offsite builders who take on apprentices, based on doubling the existing $500-a-month apprentice boost for around 1,300 offsite construction learners; and $14.7 million to grow the number of te reo Māori teachers, based on Budget 2025's per-teacher funding rate. Total social spending commitments (including the UBI) come to $176.8 billion over four years.

Economic development
Opportunity's economic development commitments total $40.7 billion. The largest single item is an estimated $15.9 billion to refund GST collected on construction activity back to local councils, based on IRD data. The party has also committed $2.4 billion for a tax credit for technology adoption, $700 million to expand contestable research funds, $500 million to restore the core science budget and $400 million for early- and mid-career researchers — part of a broader $4.3 billion innovation, science and technology package that also includes a $120 million widened R&D tax credit, $106 million to double incubator funding and $80 million for polytechnic PRO bulk funding.

On transport, Opportunity would spend $1.3 billion making all public transport free, based on NZTA fare revenue data, and $500 million to electrify the bus fleet. The party would also spend $484 million on energy initiatives — including $400 million for small-scale generation projects — plus $320 million to expand the Warm Homes programme, $216 million on business and trade support (which includes $136 million tax deduction for impact investment and FinCap to SMEs), $108 million to boost the infrastructure agency Te Waihanga, and $100 million on competition measures including an $80 million Commerce Commission uplift. All of these figures are taken at the party's own word unless otherwise noted. Opportunity's proposed $60 billion infrastructure fund and $2 billion in small-scale generation capex have not been included in this total, as they are intended to be funded through capital rather than operating expenditure.

Opportunity have also announced their Industry Energy Resilience Fund, aiming to assist New Zealand industry to electrify. We have costed this at $407 million over four years, or $196 per household. Their Climate Resilience Fund would cost $5 billion, and the interest on their borrowed $60 billion for infrastructure investment would cost $12 billion over four years.

Environment & arts
Opportunity has committed $750 million to environment and conservation policies: $100 million for ocean conservation, taken at the party's own word, and support sectors reducing emissions and adapting to climate change, costed based on the level of GIDI funding provided by the previous Government at $650 million.

Government services and administration

Opportunity government services commitments total $11.2 billion. The largest is its pledge to reinstate the pay equity regime, which we have costed at $10.97 billion. Next is its $208 million clean up politics package, followed by a $40 million boost to the Electoral Commission and $8 million for an Independent Policy Costing Unit, also taken at the party’s word. The party has also committed $8 million to establish citizen assemblies, based on the cost of similar assemblies in Scotland (adjusted for currency and population), and $1.6 million for a Parliamentary Commissioner for Citizen Vote, based on 30% of the remuneration of the existing Parliamentary Commissioner for the Environment.

(t) policies where we've taken parties' costings at face value.
(o) uncosted policies that we have had to cost ourselves.
(d) policies where we have disputed parties' own costings.

 

Opportunity Policy Annual ($m) Four-Year Cost ($m) Cost per household ($)
Economic Development
Councils ratepayer assist (t) 6 24 12
Capacity scheme (t) 5 20 10
Support electricity distribution business collaboration (t) 10 40 19
Small scale generation projects (t) 100 400 193
Expand Warm Homes scheme (t) 80 320 154
Electrification of buses (t) 125 500 241
Make all public transport free (d) 325 1,298 626
Enhance Te Waihanga (t) 27 108 52
$60b infrastructure fund (CAPEX) *Non-specified timeframe*   -- --
>Interest costs (t) - 12,000 5,792
Restore core science budget (t) 125 500 241
Tax credit for tech adoption (t) 600 2,400 1,158
Fund early/mid career research (t) 100 400 193
Expand funds to contestable funds (t) 175 700 338
Polytech PRO bulk funding (t) 20 80 39
Double funds for incubators (t) 27 106 51
Commerce Commission uplift (t) 20 80 39
Consumer Advocacy Fund (t) 5 20 10
Expand FinCap to small and medium-sized enterprises (t) 20 80 39
Widened research and development tax credit (t) 30 120 58
Tax deduction for impact company investment (t) 34 136 66
Refund GST collected during construction to Councils (o) 3,986 15,944 7,695
Industry energy resilience fund (o) - 407 196
Climate resilience fund (t) - 5,000 2,413
Total 40,683 19,635
Environment & Arts
Oceans conservation policies (t)   100 48
Support sectors to reduce emissions and adapt (o) - 650 314
Total  750 362
Government Services/Administration
Electoral Commission boost (t) 10 40 19
Independent Policy Costing Unit (t) 2 8 4
Anti-corruption body, restrict political donations, lobbyist register (t) 52 208 100
Citizen Assemblies (o) 2 8 4
Parliament Commissioner for Citizen Vote (o) 0.4 1.6 1
Reinstate pay equity (o) - 10,971 5,295
Total 11,237 5,423
Social Spending
Support growth in number of te reo teachers (o) - 14.7 7
Overseas student loan forgive (t) 95 380 183
Restore Polytech funding (t) 80 320 154
Reinstate smokefree 2025 legislation (o) - 1,513 730
Support offsite builders who take on apprentices (o) 8 31.2 15
Citizen's Income (UBI) (t) 69,648 278,592 134,456
Abolish welfare benefits (t) -37,814 -151,256 -73,000
Administration savings (t) -3,825 -15,300 -7,384
Supplementary Welfare (t) 15,614 62,456 30,143
Total 176,751 85,304
Grand total  229,421 110,724

 

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