Election called - finally some certainty

Media release

Newmarket Business Association

12 September 2008

Election called - finally some certainty for business

A key Auckland business group is delighted the Prime Minister has finally announced the election date (8 November), saying not knowing was bad for business.

"Finally the business community knows exactly when the election will be. Knowing the date makes operating a business a bit easier. For example, business can make concrete plans around its advertising schedules. That is they now know when not to advertise. More importantly, such certainty generally helps business and consumer confidence," says Cameron Brewer, head of the Newmarket Business Association.

"It has been a long, cold and wet winter for business. It has not been helped by all the political turmoil and uncertainty about the election date, particularly given this election will be a watershed one.

"Yesterday's half percent cut in the Official Cash Rate, today's announcement of the election day, and the pending tax cuts are all positive for the country's economic fortunes," said Cameron Brewer.

ENDS

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