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

 

Taxes Announcements Welcome

The President of the New Zealand Manufacturers Federation, David Moloney, today welcomed the commitments from two political parties to cut taxes, particularly business tax.

“We have consistently argued the need to stay competitive in the tax stakes, particularly with Australia,” said Mr Moloney.

“There is an equally strong case to cut taxes as soon as possible to buy time while the new enterprise policies that every major party now favours take effect.

“Tax increases do not create jobs in business or industry. Nor do they promote the growth that New Zealand needs.

“Most importantly tax cuts and good health and education outcomes are possible. Health and education have in the past, and will continue in the future, to swallow every dollar thrown at them. Simply spending more will not improve results unless we spend a lot more wisely.

“That is the real challenge for all the parties.”


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Manawatu-Whanganui Projects: PGF Top-Up To Rural Broadband Roll-Out

The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. More>>

ALSO:

Other Windy Cities: Auckland-Chicago Named A Top 10 ‘Most Exciting’ New Route

The inclusion of Auckland-Chicago on Lonely Planet’s Where to fly in 2019? The 10 most exciting new flight routes list comes just two weeks before Air New Zealand prepares to celebrate its inaugural flight to Chicago’s O’Hare International Airport on 30 November. More>>

Deadly Strain: ESR Ups Its Reporting On Meningococcal Disease

The increasing number of cases of Group W Meningococcal disease (MenW) has prompted ESR to increase its reporting on the disease to the Ministry of Health. ESR has upped its reporting to weekly. More>>

ALSO:

Very Small Things: "Game-Changing" 3D Printing Technology Launched

New Zealand microfabrication researchers Andrea Bubendorfer and Andrew Best, the co-inventors of a new way of fabricating very small things with Laminated Resin Printing (LRP), are part of Callaghan Innovation’s MicroMaker3D team launching the new patent pending technology in the US this week. More>>

ALSO: