RNZ<\/a><\/p>\nShe also indicated changes to income tax brackets.<\/p>\n
Business NZ’s election conference in Wellington began with a political panel on the economy, with National’s Willis, Labour’s Barbara Edmonds, ACT’s David Seymour, New Zealand First’s Shane Jones, the Greens’ Chl\u00f6e Swarbrick and Opportunity’s Qiulae Wong.<\/p>\n
Te P\u0101ti M\u0101ori was not represented.<\/p>\n
The politicians were asked what one tax or regulatory change they would make that would support businesses.<\/p>\n
“I’ve got a newsworthy thing to say,” said Willis, pointing to Business NZ’s election manifesto which she said reflected the success of the research and development tax credit.<\/p>\n
The tax credit incentivises science and technology research and development.<\/p>\n
Willis said businesses clearly valued it, and it was supporting innovation.<\/p>\n
“We will wait until after the pre-election fiscal update (on 29 September) to make a specific announcement, but that’s the next cab off the rank for me,” she said.<\/p>\n
Willis also said National would address “bracket creep” which is when inflation pushes people into higher tax brackets.<\/p>\n
Adjusting tax settings would ensure “working people on average wages aren’t being slapped with bigger and larger effective taxes every year,” she said.<\/p>\n
“After the pre-election update, I will have more to say.”<\/p>\n
On tax policy, Edmonds referred to Labour’s already-announced capital gains tax, which would also “streamline” land rules in the Income Tax Act and give businesses certainty.<\/p>\n
Seymour pointed to ACT pushing the government to cut red tape, including reforms in holiday and health and safety laws, the Resource Management Act, and fast-track legislation.<\/p>\n
Jones said e was proud that “no more voice was louder than mine in ridding these unwanted burdensome ideological climate change reporting standards that had been imposed on New Zealand firms”.<\/p>\n
Swarbrick said the Greens would boost market competition particularly in the energy and supermarket sectors.<\/p>\n
Wong also spoke to competition, including giving the Commerce Commission more teeth to take action on the “screeds of reports and recommendations” it’s already put out.<\/p>\n","protected":false},"excerpt":{"rendered":"Nicola Willis has hinted National will campaign on changes to the research and development tax credit after businesses…\n","protected":false},"author":2,"featured_media":600790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,11507,43,244,135,40,38,41,39,270122],"class_list":["post-600789","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-national-party","tag-news","tag-personal-finance","tag-politics","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-vote-2026"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/600789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=600789"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/600789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/600790"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=600789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=600789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=600789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}