What businesses revealed to Treasury about the economy
Fast rate of change could cause discomfort for businesses that planned on a longer timescale than the three-year election cycle, said a report obtained by NBR under the OIA.
The Treasury summarised its talks with businesses in a report to Finance Minister Nicola Willis last September.
While businesses are generally positive about the Government’s policy direction, they worry about the fast rate of policy and regulation change.
A Treasury paper reporting on consultations it and the Reserve Bank did with businesses in September last year said that fast rate of change could cause