Luxon: Government boosts capital spend, keeps R&D tax credit
Businesses welcome the Government's priorities as PM confirms this year's Budget won't be a lolly scramble.
WATCH: Highlights from Prime Minister Christopher Luxon's pre-budget speech.
The amount of capital spend in the upcoming Budget will be almost half a billion dollars more than forecast.
In a wide-ranging pre-Budget speech to a BusinessNZ audience this afternoon, Prime Minister Christopher Luxon said the net capital allowance – money allocated to upgrade or maintain assets
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