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

 


6 point business election wish list pragmatic, doable

Media statement embargoed to Wednesday, June 25, 2014

6 point business election wish list pragmatic, doable

An overhaul of local government consenting processes, employment readiness certificates for school leavers, automatic extensions of migrant work visas, soft loans to encourage innovation, and reducing the tax on Kiwisaver savings to 15 per cent – these are among the Employers and Manufacturers Association targets in its Election Manifesto 2014 issued today.

“Our businesses generate the employment and revenue that pay the taxes on which the government depends, and they deserve a positive policy environment,” said Kim Campbell, EMA’s chief executive.

“They should not be taken for granted.

“The six Manifesto policy areas are:
1. Education and skills
2. Innovation, Research and Development
3. Local government Consenting
4. Small Business Growth
5. Superannuation and Business Investment
6. Retaining certain Current Policies

(The full Manifesto is here.)

“Employers want schools to advise on the preparedness of school leavers for work by issuing them an Employment Readiness Certificate.

“They also want schools to help with a campaign that urges more students to take up a career in a trade.

“Business wants more investment in innovation and R&D by broadening and simplifying access to grants, accelerated depreciation, tax credits and by introducing soft loans as many other countries do.

“They want local authorities to set standards for the time taken to issue resource and building consents, with unreasonable standards subject to judicial review.

“Other measures sought are:
• For experienced company directors to be appointed to small businesses with less liability than others
• Encourage small business mergers
• Raise the age of eligibility for superannuation to 67 by 2023
• Reduce tax on Kiwisaver to 15 per cent
• For government to underwrite a commercial annuity product

“Businesses also want many existing measures retained, including:
• Comprehensive GST
• Advance FTA negotiations
• Retain trial employment periods and youth rates
• Retain or reduce ACC levy rates.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news