Economy & Tax

AdvocacyUpdate for 5 April 2024

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...

AdvocacyUpdate for 5 April 2024

Transport for the long-term

The Government’s policy statement on transport indicates a long-term vision, BusinessNZ says. BusinessNZ Advocacy Director Catherine Beard said the Government Policy Statement (GPS) on Land Transport showed a sound approach to funding and appropriate long-term...

AdvocacyUpdate for 5 April 2024

Better approach to business payments needed

BusinessNZ supports the repealing of the Business Payment Practices Act. “BusinessNZ is instead working with its large business group to develop a voluntary code to ensure small businesses are paid on a timely basis,” BusinessNZ Chief Executive Kirk Hope said. Mr Hope...

AdvocacyUpdate for 5 April 2024

NZ Economy: Turning the page

The latest BusinessNZ Planning Forecast shows business confidence is increasing, but New Zealand’s economic growth is still expected to be relatively low over the forecast period out to December 2025.

AdvocacyUpdate for 5 April 2024

ENTERPRISES WORRIED ABOUT COST OF DOING BUSINESS

The high cost of doing business is the stand-out issue for New Zealand businesses, according to the results of the Deloitte and Chapman Tripp Election Survey released today. 93 percent of respondents said changes made by the Government had increased their cost of...

AdvocacyUpdate for 5 April 2024

NZ Economy: Rocky Road

The latest BusinessNZ Planning Forecast shows middling growth for New Zealand’s economy between now and 2025, with a mix of positive and negative indicators. BusinessNZ Director of Advocacy Catherine Beard says New Zealand’s economy is facing similar conditions to...

AdvocacyUpdate for 5 April 2024

Business views for 2023 election

Businesses are ambitious for New Zealand’s success and want a better policies to help achieve it, BusinessNZ says. BusinessNZ has ‘taken the pulse’ of the business community and published Election Priorities for a better future  - the thoughts of large and small...

AdvocacyUpdate for 5 April 2024

NZ Economy: Caution signs ahead

The latest BusinessNZ Planning Forecast reveals a subdued 24 months of economic growth ahead, despite recent improved signs of activity.The forecast for the September 2022 quarter shows there is still plenty of risk both at home and abroad, with inflationary and...

AdvocacyUpdate for 5 April 2024

NZ economy: prevailing headwinds

The latest  BusinessNZ Planning Forecast reveals business and consumer confidence is low, with factors at home and abroad hampering our recovery. The Forecast for the June 2022 quarter shows global economic recovery post-Covid has taken a hit in both prolonged...

AdvocacyUpdate for 5 April 2024

Improving NZ’s tax administration system

Tax administration could be improved with better technology and more partnerships with the private sector, the BusinessNZ Tax Group says. The BusinessNZ Tax Group is a group of leading tax practitioners and service providers who have produced a white paper with...