‘Modest’ business tax measure to boost growth: Willis

Faster depreciation on technology investments by business is expected in the Budget. (Image: NZME)

Mon, 19 May 2025

“Modest measures to promote business growth” in this week’s Budget are nonetheless enough to make the Treasury raise its growth forecasts, the Minister of Finance, Nicola Willis, has confirmed.Speaking to BusinessDesk ahead of delivering her second Budget, on May 22, Willis confirmed the move, widely expected to involve accelerated depreciation on productivity-boosting assets, was intended to make New Zealand’s corporate tax settings more attractive to investors.“By some measure, New Zealand hasn’t done as mu...

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