Parliament

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

 

Labour's 10-point plan for "Cinderella sector"

Labour
2000 web site
"Labour's commitment today to bring the small business sector in from the cold will be backed up by a solid, 10-point action plan," Labour spokesperson on small business Ross Robertson said at the release of the party's policy.

"Small business is critical to the New Zealand economy and Labour believes it is time this was recognised around the Cabinet table.

"We must remember that the small business of today is the big business of tomorrow. Companies such as Watties and Fletcher Challenge, for example, started as small backyard operators.

"Traditionally small businesses have regarded government as a substantial impediment to their growth. Existing legislation has tended to focus on the needs of the large enterprise rather than the small, which has been detrimental to small companies."

Mr Robertson said Labour would establish a Small Business portfolio and an Office of Small Business within Industry New Zealand to provide a strong voice for small business at the heart of Government.

The Office would monitor and comment on all regulatory issues from a small business perspective and would work closely with regulators to ensure regulations were enforced in a way that recognised the particular problems of small business.

It will also develop a single electronic gateway so that small firms can find out from one site which regulations affect them.

Other components of Labour's small business strategy include:

· Providing better access to finance by developing a range of new financing options, including venture capital, and by promoting the development of "Angel Networks" throughout New Zealand. [Angel Networks help bring small investors into contact with small businesses which require investment. They have worked well overseas.]

· Ordering the Industrial Supplies Office and other government purchasing agents to buy New Zealand made products where possible.

· Developing a modern Business Development Programme to replace the BDBs abolished by National last year. The new programme will be run by the Small Business Office and will provide affordably priced business audits, technical and management skills training and grants to investigate new products, markets and technology uses.

· Developing communications strategies to ensure small business people are aware of the various forms of government assistance available to them.

· Reducing the cost of doing business by, among other things, implementing the recommendations of the 1998 Select Committee Inquiry into Compliance Costs.

· Encouraging small businesses to export as part of Labour's larger export encouragement campaign through an expanded Tradenz and through the provision of new export guarantees and credits.

· Promoting small business incubators to allow small businesses operating in similar industries or providing complementary products or services to share some of their costs or pool equipment and information.

· Encouraging innovation by accelerating the depreciation regime for new capital investment in technology and introducing a more sympathetic tax treatment of R&D expenditure.

· Improving the skills base through Labour's apprenticeship, training and tertiary education policies.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>

 

14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>

ALSO:

Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>

ALSO:

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels