Economy & Tax

RMA shakeup long overdue

RMA shakeup long overdue

RMA shakeup long overdue A shakeup of the Resource Management System is a big step in the right direction, BusinessNZ chief executive Kirk Hope says."This is a great chance to move towards improved environmental, economic and social wellbeing outcomes."Mr Hope says...

RMA shakeup long overdue

NZ economy reasonably robust despite heightened risks

NZ economy reasonably robust despite heightened risks NZ economy reasonably robust despite heightened risks  The New Zealand economy continues to perform reasonably well despite heightened risks in the international economy, according to the latest...

RMA shakeup long overdue

Focused spending for business and the economy

Focused spending for business and the economy The Wellbeing Budget contains spending that would be positive for business and the economy, says BusinessNZ.Chief Executive Kirk Hope said the focus on innovation, research and skills would help more businesses develop at...

RMA shakeup long overdue

BusinessNZ calls caution on banking proposals

BusinessNZ calls caution on banking proposals BusinessNZ calls caution on banking proposalsBusinessNZ is calling for caution on banking proposals that would increase mortgage costs.The Reserve Bank is proposing that New Zealand banks should be required to reduce the...

RMA shakeup long overdue

CGT decision strengthens confidence in tax system

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...

RMA shakeup long overdue

Voter concerns over capital gains tax

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,...

RMA shakeup long overdue

$5 billion additional costs from capital gains tax

$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...

RMA shakeup long overdue

Engagement with business

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...

RMA shakeup long overdue

Electronic filing for compliance reduction

Electronic filing for compliance reduction BusinessNZ welcomes the work being done to enable businesses to move from paper to electronic filing of PAYE. The Government has announced will introduce legislation next year to require electronic filing in 2019.Employers...