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
Contact New Zealand Taxpayers' Union
Media Contact:
Media line (24-hr) 04 282 0302

Next in New Zealand politics

Wellington’s Water Woes Reflect National Problem
By: Water New Zealand
National’s Economic Plan For 2020 And Beyond
By: New Zealand National Party
Abortion Legislation Bill Report Presented To The House
By: Abortion Legislation Committee
New Report A Pathfinder For Affordable Housing
By: Local Government NZ
Sallies Issue “Can Do Better” Report Card In Election Year
By: Salvation Army
Wellington Water Infrastructure 'in Crisis', Councillor Says
Wellington Would Struggle For Enough Water To Fight Fires Post-quake
Unsustainable water use calls for warning
By: Wellington Water
Core infrastructure renewal must take priority
By: Wellington Chamber Of Commerce
Speech: National’s Economic Plan For 2020
By: New Zealand National Party
Bridges: Over-hyped And Under-delivered
By: New Zealand Government
ACT’s Ideas Needed To Make National’s Vision A Reality
By: ACT New Zealand
A Checklist For Economic Reform
By: ACT New Zealand
New Political Poll Shows National Scraping Into Power And NZ First Out Of Parliament
Bridges’s economic ambitions underwhelming
By: New Zealand Taxpayers' Union
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media