National is building the foundations for a stronger economy.
We are working hard to tilt the economy towards savings, investment and exports, and away from unsustainable consumption, borrowing and government spending.
Our economy has faced a major global recession and two destructive earthquakes. There is no doubt we have to show restraint in government spending as we look to recover and get our economy back on track.
On April 1, some important changes came into effect that will help make businesses in New Zealand more competitive, and encourage companies to take on new staff, and invest earnings back into growth and jobs.
National has cut the company tax rate to 28%.
This is great news for both self-employed and other small businesses.
It will also benefit large companies from the Indian community here in New Zealand. Cutting company tax encourages investment in New Zealand, which increases productivity, lifts wages, and creates jobs.
Another important change, which might affect you, is the extension of the 90-day trial to all businesses.
Already, the voluntary 90-day trial period has created 13,000 jobs in small and medium sized businesses.
It gives employers the confidence to hire new employees, and gives more people, especially young people, the chance to prove themselves in a new job.
I am proud to lead a Government that is looking after our most vulnerable.
On April 1, rates of New Zealand Superannuation increased by 6.85%.
Since 2008, the increases to New Zealand Superannuation have been even larger.
A married couple now receive $166 more than they did in September 2008.
This is an 18.9% increase.
Alongside our focus on the economy, National is also working hard to build better frontline public services.
Under National, there are more than 300 extra police officers on the streets, 1600 more teachers, 1000 more nurses and 500 more doctors.
We are shifting resources to the frontline, and we are firmly focused on lifting New Zealand’s long-term economic growth to create jobs, boost incomes, and raise your living standards.
National is building the brighter future that you and your family deserve.
John Key is Prime Minister of New Zealand. The above article is exclusive to Indian Newslink ©
