Labour says its new election policy aimed at small businesses is about making life a little easier.

If it gets into power, the Labour will raise the GST threshold, lift asset write-offs and require big businesses to pay up faster.

It would axe the current Government's Investment Boost, which lets businesses deduct 20 percent of the cost of a new asset.

Leader Chris Hipkins says small businesses shouldn't be a line of credit for big businesses. 

LISTEN ABOVE

Labour says its new election policy aimed at small businesses is about making life a little easier.
If it gets into power, the Labour will raise the GST threshold, lift asset write-offs and require big businesses to pay up faster.
It would axe the current Government's Investment Boost, which lets businesses deduct 20 percent of the cost of a new asset.
Leader Chris Hipkins says small businesses shouldn't be a line of credit for big businesses.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Chris Hipkins: Labour leader on the party's new scheme designed to help out small businesses

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/53b8a927-da63-4de8-b742-b49e00726178/transcript