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

 

Goal Posts Are Up - Crossbar Too Low

Business NZ Chief Executive Simon Carlaw says today's Budget reflects a Government that is listening.

"A year ago the business community was complaining that the Government was not listening - that is not the case today.

It is reassuring to hear that in today's Budget the Government has picked up on Business NZ's goal of improving our OECD ranking for GDP per capita.

"But we say the Government should lift the target higher than the top half - we should aim to reach the top 10 in the OECD.

"Then there is the issue of how we reach the top 10. Business NZ has scored the relevant measures in the Budget with pluses or minuses against our ability to get there.

"On an uncapped score sheet where any plus or minus score is possible, Business NZ gives the Budget an overall score of 1.

Fiscal management +1

* A conservative, careful approach to controlling expenditure * Growth target not high enough * Fiscal cap will be hard to maintain

Transforming the economy +1

* Venture capital - Govt should not pick winners; private sector firms should call the shots in allocating funding

* Economic development & partnerships - positive developments include technology scholarships and industry partnerships

Helping New Zealanders to save -1

* Still awaiting tax simplification * Excessive compliance costs remain * Officials to focus on savings industry, not savers themselves

Superannuation -2

* Surpluses devoted to super makes it harder to join the rest of the world & cut taxes * Partial funding does not ameliorate fiscal risk; gives NZers a false sense of security * Not tax neutral

Education +2

* Funds for adult literacy, industry training, centres of excellence and restructuring the tertiary sector are all good building blocks towards economic growth * Business input into establishment & operation of TEC will be essential

Environmental measures +1

* Most measures aid the tourism sector but are neutral with respect to impact on business sector overall, but increased funding for border security is a real plus

Social services +1

* 'Making work pay' provision will be useful

Paid parental leave -1

* Absence of detail is disappointing

Trade -1

* Negotiating labour & environmental standards into trade agreements is inappropriate & unnecessary

* A rigid, non-market approach Contact Simon Carlaw 04 4966555 or 025545472, or Kathryn Asare 021555744 for more information


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why The Dice Are Loaded Against Women In Public Life

If they enter public life, women can expect a type of intense (and contradictory) scrutiny that is rarely applied to their male counterparts. If they are relatively young and conventionally attractive, such women will tend to be written off as lightweights – yet if they’re older and obviously competent, doubts will then tend to be raised about their “electability” and whether they are “warm” and “likeable” enough to connect with voters. Too conventionally feminine or not conventionally feminine enough? Too cold and too cerebral, or too warm and flighty to be seriously considered for high public office? For women in the public spotlight, the Goldilocks moments (when things are just right) are few and far between. More>>


 
 

PGF Kaikōura $10.88M: Boost In Tourism & Business

The Provincial Growth Fund (PGF) is investing $10.88 million to boost business and tourism opportunities in Kaikōura, Parliamentary Undersecretary for Regional Economic Development, Fletcher Tabuteau announced today. More>>

ALSO:

Whitebaiting: Govt Plans To Protect Announced

With several native whitebait species in decline the Minister of Conservation Eugenie Sage has today released proposals to standardise and improve management of whitebait across New Zealand. More>>

ALSO:

Education: Resource For Schools On Climate Change

New resource for schools to increase awareness and understanding of climate change... More>>

ALSO:

In Effect April: New Regulations For Local Medicinal Cannabis

Minister of Health Dr David Clark says new regulations will allow local cultivation and manufacture of medicinal cannabis products that will potentially help ease the pain of thousands of people. More>>

ALSO:


RNZ: New Year Honours: Sporting Greats Among Knights And Dames

Six new knights and dames, including Silver Ferns coach Dame Noeline Taurua and economist Professor Dame Marilyn Waring, have been created in today's New Year's Honours List. The list of 180 recipients - 91 women and 89 men - leans heavily on awards for community service, arts and the media, health and sport.
More>>

ALSO:

Gordon Campbell: On What An Inquiry Might Look Like

Presumably, if there is to be a ministerial inquiry (at the very least) into the Whakaari/White Island disaster, it will need to be a joint ministerial inquiry. That’s because the relevant areas of responsibility seem to be so deeply interwoven... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels