Labour would favour SMEs

HAMISH RUTHERFORD
Last updated 12:04 05/08/2014

Relevant offers

Small Business

Clothing can be ethical or it can be cheap, but not both: Little Yellow Bird Oosh founder taking care of business in the ring ILT set to take first steps in hotel project Bluff businesses struggle with laggy internet and phone service From Stratford to Hollywood by motorbike A family business makes, shows and exports furniture from central Christchurch Bringing magic to the stage through design in Christchurch A North Canterbury designer twists and bends wrought iron into masterpieces New Asian styled restaurant to open in Oakura Gorge closure won't shut the Bridge Cafe and gift shop

A Labour government will force government departments to do more business with small New Zealand companies, the party says.

Leader David Cunliffe and small-business spokesman David Clark today announced plans to setthe public sector a target of allocating $300 million in extra business to companies with fewer than 20 staff.

It was also considering a stand-alone unit within the Ministry of Business, Innovation and Employment to help the Government to hit the targets.

"Our plan to increase the portion of government procurement undertaken by smaller companies, by at least $300 million by the end of our first term, presents significant opportunities for the sector," Cunliffe said in a statement.

"Some of our most successful companies got their start via Government-procured contracts," he said.

"There is no reason smaller firms should miss out only because of their size."

The announcement was made at pyrotechnics firm Fireworks Professionals in Christchurch.

Ad Feedback

- Stuff

Special offers
Opinion poll

Do you feel better off than at this time last year?

Yes

No

In some areas yes, others no

Vote Result

Featured Promotions

Sponsored Content