News | Politics
21 May 2025 7:58
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 Prime Minister's striking a sympathetic tone, over calls to allow businesses to better utilise spending on investments

    The Prime Minister's striking a sympathetic tone, over calls to allow businesses to better utilise spending on investments


    Pressure's mounting for the Government to allow full expensing of businesses capital expenditure -- that is, allowing companies to write off spending on things like plant equipment as a business expense.

    This would require changes to tax law -- but would incentivise businesses to spend more on equipment and worry less about deprecation.

    Chris Luxon says it's something he's open to.

    He says the idea isn't an unattractive one -- as, when looking at the small businesses in New Zealand, the top 10-percent are seven times more productive than the bottom 10-percent.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     21 May: Fears communities will be missing out on critical sexual violence prevention services
     21 May: UN aid chief warns 14,000 Gazan babies could die in next 48 hours
     21 May: Te Pati Maori MPs are refusing to back down after debate into their suspension was postponed
     20 May: The Government's making a promise to keep on top of rail maintenance
     20 May: The The Finance Minister's promising no nonsense - in Thursday's Budget
     20 May: The Rail Minister believes having good railway services across the country is a no brainer
     20 May: The Prevention of Family and Sexual Violence Minister says a five-year action plan aims to focus government collaboration on the sector
     Top Stories

    RUGBY RUGBY
    Former All Black Sonny Bill Williams insists faith has played a key role in Moana Pasifika captain Ardie Savea's Super Rugby campaign More...


    BUSINESS BUSINESS
    An empty section in a sought-after Christchurch suburb has sold for just over 1.5 million dollars More...



     Today's News

    Rugby:
    Former All Black Sonny Bill Williams insists faith has played a key role in Moana Pasifika captain Ardie Savea's Super Rugby campaign 7:47

    Business:
    An empty section in a sought-after Christchurch suburb has sold for just over 1.5 million dollars 7:37

    Entertainment:
    Eva Longoria found it "nice to celebrate love" at Lauren Sanchez's bachelorette party 7:36

    International:
    Top chess player Magnus Carlsen forced into draw in historic game against over 134,000 people 7:27

    Law and Order:
    The Wellington District Court's sentenced a 35-year-old man to five-and-a-half years jail-time - for acting as a facilitator of a website hosting computer-generated child sexual abuse material 7:27

    Law and Order:
    The death of a seven-year-old boy, who died in a Dunedin car crash, was allegedly caused by his meth-impaired mother 7:17

    Politics:
    Fears communities will be missing out on critical sexual violence prevention services 7:07

    Politics:
    UN aid chief warns 14,000 Gazan babies could die in next 48 hours 7:07

    Entertainment:
    Olly Murs has become "so boring" when he's on tour 7:06

    Entertainment:
    Nicole Kidman is determined to uplift women in Hollywood 6:36


     News Search






    Power Search


    © 2025 New Zealand City Ltd