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Budget continues a stable platform for business growth

Wellington Chamber of Commerce

Media Statement
Thursday 26th May 2016
Budget continues a stable platform for business growth, says Chamber

The Government’s 2016 Budget continues a stable platform for business growth, says Wellington Chamber of Commerce Chief Executive John Milford.

"This Budget keeps the economy on the path to sustainable growth, with forecast growth in GDP next year of 2.9, wages rising, and unemployment and net debt falling. That’s what the business community wanted to hear.

"The Government has maintained the restraint necessary around spending while putting extra money where it will have the best effect – health, education, infrastructure, innovation, skills, jobs, regional development, healthier homes and social housing, and on our most vulnerable people.

"Business will particularly welcome the strong emphasis on innovation, skills, and jobs creation, apprenticeships, and the support for business to help make that happen and take advantage of every opportunity.”

ENDS

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