Labour and Willis $2.2b apart on Investment Boost costings

Labour says scrapping Investment Boost would save $7.7 billion, while Finance Minister Nicola Willis says the policy costs $5.5 billion over the forecast period. The $2.2 billion gap remained unresolved on 8 October, according to RNZ, with neither side publishing full workings. The scheme lets firms claim an immediate 20 percent deduction on qualifying new assets, according to Inland Revenue.