News | Politics
20 May 2025 0:29
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    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


    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.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     19 May: The Prime Minister's striking a sympathetic tone, over calls to allow businesses to better utilise spending on investments
     19 May: Israel will allow a 'basic amount' of food aid into Gaza, Netanyahu's office says
     19 May: Improvements to urgent care are set to roll out over the next four years
     18 May: Andrew Little has called excessive rates rises in the capital unacceptable
     17 May: A report shows more Maori land's being dedicated to commercial horticulture use
     17 May: Greater Maori involvement in the horticulture industry's, boosting revenue for the sector
     16 May: Woolworths says it is New Zealand's tax-system which is putting its prices above the rest
     Top Stories

    RUGBY RUGBY
    The Florida Panthers are through to the Eastern Conference finals in ice hockey's NHL More...


    BUSINESS BUSINESS
    The Government's hoping a sliver of tax system change - will invite investment and boost business More...



     Today's News

    Motorsports:
    The shock pole sitter for the Indy 500 insists thoughts of what's possible in this year's edition of the famous race can wait for now 21:57

    Entertainment:
    Elsie Hewitt says Pete Davidson is "the best person I've ever met" 21:36

    Living & Travel:
    All trains on the Hutt Valley line have been suspended until further notice due to an emergency services incident tonight 21:17

    International:
    Our best tray bakes for busy nights 21:07

    Entertainment:
    Foo Fighters drummer Josh Freese claims he has been fired from the band 21:06

    Entertainment:
    Chrissy Teigen is drinking again, four years after getting sober 20:36

    Entertainment:
    US President Donald Trump has blasted Bruce Springsteen as a "pushy, obnoxious JERK" and "dumb as a rock" 20:06

    Entertainment:
    King Charles is "on the better side" of his cancer journey 19:36

    Entertainment:
    Matt Lucas had to pull out of 'Les Misérables' mid-performance after suffering health issues 19:06

    Rugby League:
    Warriors coach Andrew Webster will be forced into at least two changes for Sunday's NRL game against Canberra, with both co-captains sidelined 18:57


     News Search






    Power Search


    © 2025 New Zealand City Ltd