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

 

Minister Tamihere Is Heading For Quicksand


MEDIA RELEASE
Minister Is Heading For Quicksand

"Minister for Small Business John Tamihere is heading for quicksand in stating that 'The needs of small business are absolutely different to the requirements of big business' ", Roger Kerr, the executive director of the New Zealand Business Roundtable, said today.

He was commenting on Mr Tamihere's speech to the Wellington Maori Business Network, on 22 July 2003. The minister had gone on to say that "When it comes to advocating for business, the Business Roundtable and Business NZ may not necessarily be singing from the same songsheet as small business."

Mr Kerr said, "The fundamental role of businesses, whether they are big or small, is to produce goods and services that their customers want and value. The perspective of the Business Roundtable is the overall national interest, which in this context is essentially the interests of consumers, not the interests of businesses of any particular size.

"It is the government's role to establish and maintain the regulatory framework within which business operates. There are no sound reasons for it to differ significantly depending on the size of the business. After all, large businesses are typically just small businesses that have succeeded and grown.

"Contrary to conventional wisdom, the study Firm Foundations published by the Ministry of Economic Development last year found that the relative costs of complying with government regulation are just as great for large businesses as small ones", Mr Kerr said.

Mr Tamihere suggested that small businesses favour the budget proposal to align the payment date for provisional tax with that for GST whereas big business would prefer to delay such payments until the due date.

"His example does not demonstrate that big and small business 'think totally differently', as Mr Tamihere suggests", Mr Kerr said.

"All that is happening is that business people are weighing up the interest payable on their money and value of their time. Different businesses may come to contrasting judgments about what is best for them.

"We are yet to see to what extent small business will take up the opportunity to pay tax earlier than otherwise. Many small businesses are short of cash and they may not be willing to part with what they have to avoid making a separate payment to IRD at a later date", Mr Kerr concluded.

ENDS

© 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


Reaction

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>>

ALSO:


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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

ALSO:

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>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election