Another Job Summit Initiative Underway

National is committed to making it easier for small and medium businesses to
grow and remain competitive. Better and less regulation is essential to boosting
New Zealand’s productivity, international competitiveness and living standards.
We have recently released the Government Statement on Regulation, which
contains two key commitments:
• Introduce new regulation only when the Government is satisfied that is
required, reasonable and robust
• Review existing regulation to identify and remove requirements that are
unnecessary, ineffective and excessively costly.
These commitments respond to the Job Summit's recommendation that the
Government delay introducing regulations that impose extra substantive costs on
business during the current difficult economic conditions.
This initiative complements National’s $484 million business assistance package
- announced in February - aimed at improving cashflows and reducing
compliance costs for small and medium-sized firms.
For more information:
http://www.beehive.govt.nz/release/cutting+red+tape+create+better+smarter+eco
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