Multimedia Business Reporter·NZ Herald·6 Aug, 2026 04:53 AM4 mins to readThe NZ Labour party has launched its new policy for small businesses, targeting GST thresholds and asset write offs. Photo / NZ Herald, Sylvie Whinray Members of the small business sector have reacted positively to Labour’s new small business proposals, describing them as both keenly requested and long overdue.Labour’s proposals, announced on Thursday, include lifting the asset tax write-off threshold from $1000 to $10,000 for businesses with annual turnover under $10 million. Big businesses
Election 2026: Labour’s small business proposals win support from business groups
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