News & Media - Media Releases

Recent media releases from BusinessNZ.

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 framework. The issues map identifies hydrogen as one of this year’s...

Minority view on extending the taxation of capital gains Minority view on extending the taxation of capital gains Three of the eleven members of the Tax Working Group do not favour the Group’s recommendations on capital gains tax. Group members BusinessNZ Chief Executive Kirk Hope, former Bell Gully tax partner...

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 for better alignment of infrastructure demand and supply. “We are again in a situation where...

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 electricity pricing. “The Review has investigated concerns about how prices...

Vocational education needs to serve learners and businesses Vocational education needs to serve learners and businesses We need to make sure vocational education is serving the needs of learners and businesses, says Business NZ Chief Executive Kirk Hope. The Reform of Vocational Education, announced today by Minister of Education Chris...

Engagement with business Greater integration with the world economy will reap dividends for New Zealand business, the Prime Minister told business leaders today. Addressing the BusinessNZ economic update meeting in Auckland this morning, Prime Minister Jacinda Ardern said the EU and UK were signalling potentially speedy conclusions to free trade...

Compulsory fair pay agreements risky for growth Compulsory Fair Pay Agreements risky for economic growth Fair Pay Agreements would bring risks to business and the economy, says BusinessNZ. The Fair Pay Agreements report released today proposes a system of industry-wide collective agreements for New Zealand workplaces. BusinessNZ was one of...

Steady ETS development BusinessNZ has welcomed the announcement of the first tranche of decisions from the ongoing development of the NZ Emissions Trading Scheme. BusinessNZ Chief Executive Kirk Hope said the ETS needs a careful balance between contributing to emissions reduction and maintaining New Zealand as a prosperous economy that...

ACC levy reduction welcomed ACC levy reduction welcomed The reduction in the ACC work levy has been welcomed by BusinessNZ. The levy paid by employers and the self-employed will reduce from an average 72 cents to 67 cents per $100 of liable earnings from next year. BusinessNZ Chief Executive Kirk...

Changes to the Employment Relations Amendment Bill will make parts of the legislation more acceptable to business. A supplementary order paper lodged by the Government would address some key concerns, BusinessNZ Chief Executive Kirk Hope said. Areas softened in the Bill are provisions on union access and multi-employer collective agreements...