Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

PM's Package Must Be Credible

10 February 2002

Business will be looking for substance and credibility in the Prime Minister's package on Tuesday, says Business NZ Chief Executive Simon Carlaw.

Mr Carlaw says while the Prime Minister's reported focus on innovation may be attractive in itself it could not replace policies that gave all NZ businesses clear signals that growth right across the board was now the Government's objective.

"Confidence has been shaken by policies that are increasing the risk and costs of operating let alone growing a business," Mr Carlaw said.

"Many small businesses in particular are finding that compliance costs, taxes, environment policies and employment law proposals will significantly increase their costs and cut their ability to grow jobs.

"Business just wants Government to get the basics right.

"There's a danger of concepts like innovation being over-hyped to obscure policy that will not foster growth. Kyoto implementation for example would damage the economy more than any innovation package could ever remedy.

"Business NZ will be assessing the Prime Minister's proposals against its scorecard of 20 key growth policies (see Changing Gear on www.businessnz.org.nz ).

"In particular it will be interesting to learn whether new fuel or health taxes, or policies already deferred until after the election, rate a mention."

Ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>