Too Much Funding Goes to Tourist Sector

May 21, 2014 New Zealand Taxation

New Zealanders are missing out on vital services, as the government spends millions on funding tourism enterprises, according to an activist group.

On May 21st the Taxpayers’ Union issued a new statement claiming that the government has gone too far in providing investment into businesses operating in the national tourism industry.

The statement from the Taxpayers’ Union comes as a response to an announcement made by the government earlier the same day that approximately NZD 26.8 million will be provided to six separate tourism businesses, in an effort to further expand the industry.

The Taxpayers’ Union claims that the investment come at the expense of “hospitals, schools, and kiwi taxpayers” who will now miss out “…because politicians want to hand money to a private company to rent holiday homes.”