INDEPENDENT NEWS

Berry grower should have got a bank loan

Published: Fri 12 Jul 2019 03:59 PM
Responding the announcement of a $2.37 million loan from the Provincial Growth Fund to a Northland berry farm, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says:
“Why couldn’t this business get a loan from the bank? If no bank was willing to take a punt, why should taxpayers bear the same risk?”
“This is a classic example of the Government using taxpayer money to pick winners. By giving one business a special favour, Shane Jones is effectively blowing raspberries at other growers who have to compete without taxpayer help.”
“If the Government wants to stimulate economic development it can always cut company taxes, which will help all businesses, not just a fashionable few.”
New Zealand Taxpayers' Union
New Zealand's grassroots campaign for lower taxes and less government waste
The New Zealand Taxpayers' Union is an independent activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power. It's here to fight government waste and make sure New Zealanders get value for money from their tax dollar. New Zealanders are invited to join and donate at http://taxpayers.org.nz
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