Election 2026: National promised ‘no new taxes’, so why is it still planning new bank levy for next year?

PremiumJamie EnsorChief Political Reporter·NZ Herald·25 Aug, 2026 05:00 AM4 mins to read‌Independent economist Cameron Bagrie joins The Front Page to break down the tax policies from both major parties.National isn’t backing down from the Government’s plan to introduce a new bank levy next year, despite its promise over the weekend to introduce no new taxes if re-elected. Finance spokeswoman Nicola Willis on Sunday confirmed there “are no new taxes on the table” if National is re-elected, including