Economy & Tax

ACC accounts under pressure

ACC accounts under pressure

Better claims management and more transparent levy-setting are needed to return ACC Accounts to financial health, BusinessNZ says.    BusinessNZ’s submission on ACC’s levy-setting for 2025-28 notes that some ACC Accounts are currently underfunded, a...

ACC accounts under pressure

Productivity in building

BusinessNZ supports moves to get more productivity and efficiency in the building consent system. The Government is proposing changing the system, with options including consolidating the number of Building Consent Authorities and introducing a single point of contact...

ACC accounts under pressure

NZ Economy: Flicker of light

The BusinessNZ Planning Forecast for the September Quarter shows a flicker of light at the end of the tunnel. The BusinessNZ Economic Conditions Index, a measure of New Zealand’s major economic indicators, shows improvement from the previous quarter, with warmer...

ACC accounts under pressure

Consensus approach welcomed

BusinessNZ congratulates the Infrastructure Minister for his commitment to building consensus. BusinessNZ Advocacy Director Catherine Beard says the Minister’s address to the infrastructure community today reflected the strong desire by business for more...

ACC accounts under pressure

Overseas investment changes a good start

The Government’s steps to make it easier for overseas investment are a good start but more, fundamental change is required, says BusinessNZ Chief Executive Kirk Hope. “New Zealand currently has one of the most restrictive regimes in the OECD when it comes to overseas...

ACC accounts under pressure

BusinessNZ Chief Executive Kirk Hope resignation

BusinessNZ Chief Executive Kirk Hope today announced he has resigned from his role and will finish with BusinessNZ on 6 September 2024. “I have led BusinessNZ for nine years through a period of growth, consolidation and unprecedented change and believe the time is...

ACC accounts under pressure

A responsible Budget for the times

BusinessNZ says Budget 2024 shows a responsible approach to spending in areas that have the potential to significantly improve New Zealand’s economic growth. Chief Executive Kirk Hope says given the fiscal situation New Zealand finds itself in, the Government will...

ACC accounts under pressure

Consensus welcomed

BusinessNZ is congratulating the Minister of Climate Change for his work in achieving cross-party consensus for a way forward on climate adaptation. The political parties have agreed to a select committee inquiry into climate adaptation to develop guiding objectives...

ACC accounts under pressure

BusinessNZ supports fast-track Bill

BusinessNZ welcomes the introduction of the Fast-Track Approvals Bill and its referral to the Environment Select Committee for public submissions, but says resourcing of the expert panel is critical to achieving its objective. BusinessNZ Chief Executive Kirk Hope says...