Published on The NZ Herald
For the past six months, one sentence has done more heavy lifting in New Zealand business than most of its workforce: “Let’s wait until after the election.”
It has parked fleet upgrades, held back hiring and postponed more strategy days than a wet long weekend. Prospa’s latest SME tracker found almost a quarter of small businesses were delaying big purchases until the result was in and 15% were holding off on expansion or hiring. The bigger the business, the more likely it was waiting.
Well, good news, “after the election” has arrived. The less good news is that the bill has arrived with it.
