Simon Watts says in the longer term, property owners cannot expect to be bailed out.
The party released its policy for small business on Saturday.
Lower spending track pales into insignificance compared with Act’s fiscal plan.
It said landlords had been scapegoated by Labour for the housing crisis it had failed to solve.
He needs to invest in public services while not letting debt get out of control.
Infometrics confirms Labour’s spending commitments can be met within existing budget allowances.
It would offer tax cuts and more spending on schools and hospitals while reducing overall spending.
A red light means a beneficiary would face sanctions, including cuts to their benefit.
He says now is not the time to be holding grudges.
He says NZ’s trade and tourism depends on reducing emissions.