The Government's hoping a sliver of tax system change - will invite investment and boost business
The Government's hoping a sliver of tax system change - will invite investment and boost business
19 May 2025
This week's Budget sets aside 65 million dollars over four years to loosen capitalisation rules - that might be discouraging foreign investors.
It also allocates 10 million for deferring taxes on start-up employee share schemes.
Finance Minister Nicola Willis says they want to address underlying challenges that could stand in the way of fiscal repair.
She says these are modest tax changes - but demonstrate the Government commitment to driving economic growth.
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