Budget 2008
Initiatives identified by the Auckland Chamber of Commerce from today’s Budget as being positive for business and an investment in the economy included:
- Increased funding for Ministry of Foreign Affairs – from a business perspective we would like some assurances that these funds will be targeted towards activity that will grow export opportunities for all NZ businesses.
- Beachheads – this activity is focused on high growth companies entering selected markets and should be further expanded.
- Broadband – the availability of a $500m fund to accelerate broadband access to business, local government and schools and to extend the reach of broadband to under-served regions.
- Simplification of tax compliance and therefore paperwork for SMEs.
- Skills strategy