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

 

Business Growth Agenda doesn’t go far enough


Business Growth Agenda doesn’t go far enough says Sustainable Business Council

The Sustainable Business Council has welcomed the high level goal set out in the Government’s ‘Future Direction’ Business Growth Agenda but says the document lacks a plan to achieve it.
The goal is to improve the quality of New Zealand’s natural resources while doubling exports by 2025.

Penny Nelson, executive director of the Sustainable Business Council, says supporting New Zealand’s reputation for a quality environment is a priority for businesses, but more needs to be done to align government and business efforts.

“Business leaders strongly support that goal,” she said. “The Government needs to engage with business leaders on how to get there. Business leaders don’t think there’s enough of a plan to achieve it.”

Ms Nelson said biodiversity loss needs to be addressed, and the energy efficiency projects discussed in the document are good but don’t go far enough.

“Even though the intensity of New Zealand’s energy and greenhouse gas emissions has decreased, there needs to be more focus on how to get to a low carbon economy. There is a business risk in not doing this.

“The Government needs to address the environmental impacts from growth and involve business in cross-sector initiatives to overcome them.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>