 |
BUSINESS DEVELOPMENT
INTRODUCTION
Enhanced prosperity is dependent upon high sustainable economic growth. New Zealand First is firmly committed to the pro-active support of business. Successful business means increased employment.
To achieve and maintain this there needs to be innovation and co-operation, research and development, appropriate incentives, good management and sound practices, minimum compliance costs, and, a highly skilled labour force.
New Zealand First believes that total taxation should primarily be used to help New Zealanders, and so should the tax structures.
PLANS
New Zealand First will:
- progressively reduce business compliance costs;
- ensure accident compensation is made fairer, more efficient, and more cost effective;
- place greater emphasis on developing partnerships between the private sector and central and local government. This includes encouraging regional development, and research and development;
- apply incentives to business activities which add value, create employment, provide export growth (or import substitution), and/or contribute to regional development;
- reduce tax compliance costs by monitoring, evaluating, and amending measures introduced during our time in government. Priorities remain: streamlining taxation analysis and the preparation of returns; and making the tax system as neutral and equitable as possible;
- remain opposed to any increase in general taxation;
- in the medium term provide for the goal of increased competitiveness via reduced corporate taxation;
- introduce an accelerated depreciation regime for specified industries and selected approved investments so as to assist business development;
- support Skill NZ in enhancing the relationship between employers and Industry Training Organisations (ITOs) in the development of programmes which up-skill labour to meet employers needs;
- improve transportation infrastructure;
- further develop export guarantees to encourage export growth;
- facilitate technology transfer to ensure that developments can be readily transferred between sectors;
- expand venture capital funding to encourage innovation and export and/or employment growth;
- develop Business Angel Networks to improve co-ordination between entrepreneurial opportunities and investment preferences; and,
- ensure Trade and Enterprise New Zealand focuses increasingly on the development of emerging markets.
|
|
