Proposed ACC levy reduction welcomed BusinessNZ has welcomed proposed lower ACC levies for businesses in 2019-21, as outlined in ACC’s recent Discussion Document. ACC is proposing a nearly 7 percent average reduction in the Work Account levy which if implemented would save businesses $40-50 million per year. BusinessNZ Chief Executive...

Boost for infrastructure decision making BusinessNZ has welcomed the planned establishment of a new independent infrastructure body. Chief Executive Kirk Hope says New Zealand needs to get systematically better at matching infrastructure demand with its delivery. “For too long our planning and delivery cycles have been mismatched with periods of...

Govt has listened to smaller businesses on innovation Government has listened to the views of smaller businesses in designing its research and development tax credit scheme, says BusinessNZ. Chief Executive Kirk Hope says for many smaller businesses, the problem with a tax credit scheme was that without sufficient expenditure on...

Employment bill still harmful, oppressive The Employment Relations Amendment Bill as reported back to Parliament today remains harmful and oppressive, says BusinessNZ. None of the provisions that most concern business have been removed by the select committee considering the Bill. The Bill, which promotes collective bargaining and amends employment rules,...

Planning for low-emissions economy BusinessNZ has welcomed the Productivity Commission’s report on moving to a low‑emissions economy. Chief Executive Kirk Hope says the Commission has taken stock of the challenges involved and built on the evidence base to support the case for action. “The Commission points out that the sooner...