Cut foreign aid back to 2017 levels
Pitched as making overseas aid face the same scrutiny as spending at home while the government is borrowing, and focusing it on New Zealand's national interests.
📋 ACT: New Zealand can't keep exporting taxpayers' money, October 2026 →
What it does
- Reduces foreign aid to 2017 levels, excluding support for Ukraine. ACT says this saves around $283 million a year, which The Spinoff calculated as a 28 percent cut.
- ACT says it would also cut what it calls low-priority MFAT spending, focus aid on New Zealand's national interests and make every programme prove its value to taxpayers.
- The Spinoff reported Pacific aid would be protected, with David Seymour saying "we should be looking after our friends in the Pacific".
- Counted in ACT's fiscal plan as one example within its savings from returning spending outside frontline services to 2017 levels, not as an extra saving on top.
- Announced by list candidate Paul Henry on 10 October 2026, the day before the fiscal plan was released.
The debate
Paul Henry questioned sending "millions of dollars overseas" while the country is in debt, and said aid "should face the same scrutiny as spending here at home". NZ First leader Winston Peters called the cuts "mindless" and "training wheel stuff". National, ACT's other coalition partner, is also campaigning on a 10 percent cut to foreign aid, with Pacific aid fully protected, to pay for more Pharmac medicines.
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Key milestones
ACT pledges to cut foreign aid to 2017 levels
Paul Henry said ACT would reduce foreign aid to 2017 levels, excluding support for Ukraine, saving around $283 million a year, and make every MFAT programme prove its value to taxpayers.
Peters calls the cuts mindless
The Spinoff reported the cut would be about 28 percent with the Pacific protected, and that NZ First leader Winston Peters called it mindless and training wheel stuff.
Sources
- New Zealand can't keep exporting taxpayers' money (ACT, 10 Oct 2026) ↗
- ACT Fiscal Plan 2026, full document with costings table (PDF hosted by interest.co.nz, Oct 2026) ↗
- Act's fiscal plan: Deeper cuts, earlier surplus, but no income tax cuts (The Spinoff, 12 Oct 2026) ↗
- Election 2026: National promises to cut foreign aid to boost Pharmac's budget, cancer screenings (RNZ, 6 Oct 2026) ↗
- ACT wants $10b slashed from the public service, $12.4b lower debt by 2031 and a lower operating allowance (interest.co.nz, 11 Oct 2026) ↗
