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Government Guaranteed Financial Institutions cover

Government-guaranteed financial institutions

Successive governments have reduced the Crown’s involvement in the provision of financial markets. Notwithstanding the reforms to date, the Crown remains responsible for the operations of the Nations Provident Fund (NPF), the Government Superannuation Fund (GSF) and the Public Trust Office (PTO) and the Public Trust Office (PTO). Read more

New Zealand Business Roundtable
1 June, 1997
Voluntary vs Mandated cover

Voluntary vs mandated disclosure: An evaluation of the basis for the recommendations of the working group on improved investment

The Working Group's recommendations, as presented in Recommendations for Improved Investment Product and Investment Advisor Disclosure, Final Report (21 December 1995, corrected 25 January 1996) are delineated in Chapter One of this report. Following each of the important points on which the recommendations are based, I give brief assessments. Read more

George J Benston
New Zealand Business Roundtable
1 May, 1997
Submission Producer Board Acts Reform Bill

Submission: Producer Board Acts Reform Bill

To secure a viable future, the industries covered by the Bill must match the rates of improvements in innovation and productivity of other sectors in a better performing economy. Otherwise, they will lack profitability and be unable to compete successfully for resources. Read more

New Zealand Business Roundtable
1 April, 1997
Submission Government Administration Committee on the Protected Disclosure Bill

Submission: Government Administration Committee on The Protected Disclosures Bill

The New Zealand Business Roundtable supports the underlying principles of the Bill, namely that it is in the public interest to detect and prevent serious wrongdoing wherever it occurs. However, the likely effects of fundamental changes of the kind proposed in the Bill must be carefully researched and their application considered in the widest possible context before such legislation is contemplated. Read more

New Zealand Business Roundtable
1 April, 1997
Submission 1997 Budget Policy Statement

Submission: 1997 Budget Policy Statement

The fiscal strategy outlined in the 1997 Budget Policy Statement (BPS) is, in our view, inconsistent with the government's objectives for economic growth and international competitiveness. We submit that if New Zealand is to achieve its potential, an economic strategy involving substantial reductions in government spending and taxation, flatter tax rates, an active privatisation programme and further deregulation is required. Read more

New Zealand Business Roundtable
1 March, 1997
Submission Taxation Income Tax Rates Bill

Submission: Taxation (Income Tax Rates) Bill

In 1996 parliament passed legislation to give effect to the government's tax reduction and social policy programme. The programme provided for a reduction in personal rates of tax in July 1996 and 1997, increases in family support and guaranteed minimum family income (GMFI), and the introduction of an independent family tax credit for low and middle income families that earn market incomes. Read more

New Zealand Business Roundtable
1 March, 1997

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