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1 Jun 2025 15:33
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  •   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

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     Top Stories

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    The first season of Fantasy Super Rugby Pacific has officially concluded with inaugural champion Callum Brown from Melbourne holding off a late charge from an Irish challenger to secure the title and the ten thousand dollar first prize More...


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    Research has revealed insurance is a growing financial burden for New Zealanders More...



     Today's News

    Basketball:
    The Pacers are the NBA's Eastern Conference basketball champions after beating the New York Knicks 125-108 in Game 6 at home in Indiana 14:57

    Rugby:
    The first season of Fantasy Super Rugby Pacific has officially concluded with inaugural champion Callum Brown from Melbourne holding off a late charge from an Irish challenger to secure the title and the ten thousand dollar first prize 14:57

    Environment:
    These Pacific Islands are building walls to stop rising seas. Will it work? 14:37

    Politics:
    Jacinda Ardern on having imposter syndrome and why 'confidence gaps' can be good for leaders 14:17

    Entertainment:
    Desperate Housewives actor Valerie Mahaffey dies after cancer battle, publicist says 14:07

    Business:
    Research has revealed insurance is a growing financial burden for New Zealanders 13:47

    Netball:
    The Southern Steel can't wait to have regular skipper Kate Heffernan back on the netball court in the ANZ Premiership 13:37

    Rugby League:
    The Warriors have an empty medical room for this afternoon's NRL clash against the Rabbitohs in Sydney 13:37

    International:
    Thousands evacuate wildfires burning across central Canada 13:37

    Rugby League:
    They may be fierce rivals at State of Origin time, but Queenslander Kurt Capewell is welcoming New South Wales prop Mitch Barnett back into the Warriors fold this afternoon 13:07


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