CGT decision strengthens confidence in tax system BusinessNZ has congratulated the Government for its decision not to proceed with a capital gains tax.Chief Executive Kirk Hope said the proposed tax would have hit businesses hard, reducing funds available for...
Voter concerns over capital gains tax A Reid Research poll commissioned by BusinessNZ has found significant voter concerns about a capital gains tax.The poll, conducted in mid-March, asked whether respondents supported a capital gains tax on property, business assets,...
$5 billion additional costs from capital gains tax BusinessNZ has released an analysis of additional costs to the economy that would accompany the direct costs of New Zealand’s proposed capital gains tax.It shows compliance costs of $1.6 billion, administrative...
Partnership approach to immigration Proposals for new requirements for work visas need fine-tuning, says BusinessNZ.The Ministry of Business, Innovation and Employment has been consulting on plans to improve the system for employer-assisted work visas - the process by...
Kirk Hope on immigration Kirk Hope argues for more political leadership on immigration on Stuff today.View article hereKirk Hope explains why political leadership on immigration is needed - view video here Contact: Phone:...
NZ economy: cross-currents of risk Cross-currents of international and domestic risk raise the need for sound economic risk management, according to the latest BusinessNZ Planning Forecast.The BusinessNZ Planning Forecast for the March 2019 quarter highlights...
Failing to see the forest for the trees The latest report from the Parliamentary Commissioner for the Environment would result in upheaval for New Zealand’s environmental settings, BusinessNZ says.The report calls for New Zealand’s zero carbon emissions...
Innovation spend celebrated Increased spending on research and development by businesses is cause for celebration, says BusinessNZ.New data from Statistics NZ shows a recent increase of around half a billion dollars over the last two years had brought firms’...
Hydrogen and economic issues top of mind for NZ energy executives The sixth annual New Zealand Energy Issues Map below shows energy executives grappling with the potential of hydrogen fuel, along with economic issues including New Zealand’s emerging climate...
Minority view on extending the taxation of capital gains Minority view on extending the taxation of capital gainsThree of the eleven members of the Tax Working Group do not favour the Group’s recommendations on capital gains tax.Group members BusinessNZ Chief...
Infrastructure Commission welcomed BusinessNZ says the establishment of the new Infrastructure Commission will help overcome current infrastructure problems in New Zealand.Chief Executive Kirk Hope says there’s a need for greater investment in infrastructure and...
Electricity pricing options The BusinessNZ Energy Council (BEC) has welcomed options published today by the Electricity Price Review Panel.BEC Chair David Caygill said the Review had provided a thorough and careful review of issues and options for improvement in...