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Leeann Watson: Business Canterbury CEO on Labour's proposal to scrap the Investment Boost, back small businesses
Published 1 week ago
Description
There’s a view Labour's small business policy would give owners more room to grow.
The party wants to up the GST threshold, lift the asset write-off, and require big businesses to pay small suppliers faster.
It'll cost $1.5 billion and will scrap the current Government's more expensive Investment Boost scheme.
Business Canterbury CEO Leeann Watson told Ryan Bridge it's great starting point and would make growth and innovation easier.
She says cashflow and compliance are current pain points, which impact what's invested in new assets.
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