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

 


Changes to Rotorua’s rates will hearten local business

May 14, 2014

Changes proposed to Rotorua’s rates will hearten local business

Rotorua businesses will be heartened by City Council plans to reduce the unfair business differential in the coming year’s rates, says the Employers and Manufacturers Association (EMA).

The proposal in the Rotorua City Council Draft Annual Plan for 2014-15 is to reduce the rates bill that businesses pay to 1.9 times more than residential ratepayers pay, down from 2.1 times.

“Its only a slight change but its in the right direction and the many motels, hotels and other businesses on which the city relies, will welcome it,” said EMA executive officer Peter Atkinson at today’s Annual Plan hearing.

“Charging them higher rates than residential ratepayers is like killing off the goose that lays the golden eggs.

“The slight reduction of this burden has never been based on the services businesses receive from the Council, and its simply not true that our small to medium size businesses, which employ a third of the country’s workers, can afford to pay more than residential ratepayers.

“Most businesses in Rotorua are small, and we hope and expect the differential to be phased out altogether in the longer term.

“On behalf of local business in general EMA finds it is encouraging to see the planning of the new council taking Rotorua in the right direction.

“The city’s Plan itself contains a helpful summary and separate column of forecast expenditure in its financial statement.

“We also support the council removing development contributions and looking into setting up two council-controlled organisations (CCOs) - Rotorua Contracting, and Rotorua Tourism, Events and Venues.”

www.ema.co.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news