Katherine Rich: BusinessNZ CEO on the impact NZ First's proposed tax cut for small and medium businesses could have

Best of Business · Sep 25, 2026 · 9m · transcript

There's a belief New Zealand First's proposal to slash the tax rate for small businesses could make a positive difference to our business landscape.

The party's promising to lower the tax rate from 28% to 20% for firms with turnover under $30 million.

Its estimated cost is about a billion dollars a year.

BusinessNZ Chief Executive Katherine Rich told Kerre Woodham it would apply to a majority of our businesses.

She says it would need to be researched for implementation, but it's bold and could transform business in New Zealand

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