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

 

Govt Focus Right On The Money, But...

Media statement Friday, January 25th, 2013

Govt Focus Right On The Money, But...

Prime Minister Key's aspirational speech today focuses on what it needs to - the economy, and business applauds that, as far it goes.

"Without a doubt the PM's speech is right in principle to focus on investment," said Kim Campbell, chief executive of the Employers and Manufacturers Association.

"Its also great to see the PM list the headings of the government's Business Growth Agenda once again and to target policies that are not business unfriendly.

"All government ministers should be required to memorise and repeat this agenda as part of all the speeches they make this year.

"But to deliver a step change of investment in productive enterprise that the PM wants, investors need to be able to see they can make rapid and smooth transitions from the time their capital is available to the start up of the enterprise they are investing in.

"To do this we need clear and simple rules for accessing capital, facilitative planning processes, and a competitive taxation regime, and ease of immigration.

"No single factor will be the answer so it is vital all government ministers and departments work consistently to achieve the investment goals.

"To get them to do so is a big ask, as one of the most difficult tasks is to get government officials aligned with policy objectives, and that applies equally at local government level.

"But New Zealand can do it."

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

'Irregular Accounting': Voluntary Suspension Of Fuji Xerox Govt Contracting

This suspension gives the Ministry of Business, Innovation, and Employment time to understand the full implications of the report from FUJIFILM Holdings into irregular accounting practices at FXNZ. More>>

ALSO:

MPI: Cow Disease Detected In NZ For First Time

MPI is responding to the detection of the cattle disease Mycoplasma bovis in a dairy herd in South Canterbury... The disease is commonly found in cattle globally, including in Australia, but it’s the first detection of it in New Zealand. More>>

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding... More>>

ALSO:

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

ALSO: