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

 

Pre-Budget: Computer Emergency Response Team, Assemble!

John Key told the country's first ever Cyber Security Summit in Auckland that the government had earmarked funding set up a national Computer Emergency Response Team to help prevent and act on cyber incidents in partnership with the private sector and other organisations. More>>

ALSO:

Job Cutter Goes: Mark Weldon To Step Down As MediaWorks CEO

“When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competitor in the market, with a sound and sustainable future. It was a big brief, laden with inherent challenges, but I took it in good faith and have dedicated myself fully to the goal since." More>>

ALSO:

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news