Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Let's celebrate job and wealth creators: Tamihere

20 September 2004

Media Statement

Let's celebrate job and wealth creators: Tamihere

Minister for Small Business John Tamihere reckons that the latest SMEs (small and medium enterprises) report from the Ministry of Economic Development further proves the case for "thinking small first" when it comes to developing regulation.

The statistical report, in its fifth year, highlights the significant contribution that SMEs make to the economy - 97 per cent of all enterprises employ 19 or fewer fulltime staff, with 86 per cent of all enterprises employing fewer than five staff The report also notes that our major trading partners share similar characteristics.

"Kiwis need to realise and celebrate businesses," Mr Tamihere said today when releasing the new report. "We need to lift our perception of ourselves and start to celebrate the fabulous contribution that our business people make to society. New Zealand's business people are important to us: most of us are related to them, married to them, or working for them."

The report shows that small businesses are key job creators. SMEs contributed 84 per cent of the net employment change between 1997 and 2003 - 162,150 out of the 193,980 extra FTE positions.

"SMEs are the engine room of the economy. Not only are they job creators, they are also wealth creators," Mr Tamihere said. "This report shows that SMEs accounted for almost 40 per cent of the economy's value-added output in 2002. Combine that with the National Bank's figures that show small business growth exceeding that for the economy as a whole for eight quarters straight, and you can see that the sector is humming."

The government is committed to helping SMEs build their capability and to streamlining businesses' interactions with government agencies. On both counts the signs are positive.

Business NZ and KPMG's 2004 compliance study showed a reduction of 17 per cent of average business compliance costs in the last year, and an MED report identified 104 ways that government departments have saved businesses time and money in complying with government regulations since 2001.

"These reductions will help business to get on with business and I am committed to continuing this good work. Even though the World Bank's latest report identified New Zealand as the easiest country in which to do business - we can't rest on our laurels" the Minister said.

"Our small businesses don't have the formalised processes or access to the specialised staff that larger businesses do. That is why new tools such as the Department of Labour's online employment agreement builder are not only very pratical, but also very popular amongst SMEs.

"We can always do better - and the Small Business Advisory Group's first annual report has provided the government with some meaty issues where we can focus on continuing to improve the business environment for small enterprises."

The SMEs in New Zealand: Structure and Dynamics report provides a statistical breakdown of the nature and contribution of SMEs to the New Zealand economy. Information includes the number and size of enterprises, their added-value contribution, a breakdown by industry and performance measures.

The report is available online at


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election