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Opposition Releases Suggestions For Manufacturing Revival

June 18, 2013 New Zealand FinanceNew Zealand Taxation

manufacturingCalls have been raised for the government to help the national manufacturing sector through a series of new policies and tax changes.

On June 18th the leaders of the oppositions parties held a press conference in Christchurch to announce the release of a new report on the economic and taxation measures which could be implemented in New Zealand in order to boost the national manufacturing sector.

The report calls for the government to take extra steps to the reduce the volatility in the value of the New Zealand dollar, to implement taxation measures and economic incentives to encourage greater investment in businesses and not into housing, and to reintroduce tax credit for businesses involved in research and development activities.

More work also needs to be done to reduce the structural co...

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