Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Hodgson's Negative Outburst Extraordinary

Science Minister Pete Hodgson's outburst rejecting our request that Government honour its pre election pledge to allow the full tax deductibility of r&d costs was extraordinary, says Employers and Manufacturers Association, chief executive Alasdair Thompson.

"All we were asking was for Government to honour its pre election mandate," Mr Thompson said.

"This would be a useful start for Government to express its genuine concern to build a stronger relationship with business.

"Mr Hodgson misinterpreted the point of our request as well attacking the messenger. Before the election Pete Hodgson led Labour's espousal of the innovation driven economy, including his support for the full write off of r&d costs in the year they were incurred.

"Business responded favourably. Now he is backtracking.

"Mr Hodgson challenges us to produce a statement where the present Government has criticised the private sector for inadequate spending in this area. Last week Dr Cullen told the NZ Herald (May 31st) 'the private sector needed to come to the party because its r&d investment was low by world standards.'

"This is precisely the sort of misinformation coming from Government so frustrating to business. The reason our r&d spend is so low is because Inland Revenue does not allow it to be 100 per cent deducted, so business declares it to be it something else and claims it as a legitimate cost of remaining competitive.

"The approach is not only askew with what other countries do, it repeats negative signals about New Zealand's attitude to investment in innovation.

"What business wants is the retention of finely targeted grants for r&d as well as the full expensing against tax of the costs associated with undertaking innovation."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news