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EN
Don’t Kill The Golden Goose
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Business.Scoop
For the economic contribution of mining to grow to its potential, it’s important that Government doesn’t squeeze it too hard, too soon, says New Zealand Minerals Council chief executive Josie Vidal.
Today the Government released an independent review of the New Zealand minerals royalty regime, which is welcomed by the industry.
“And while it is a growing industry, it is important that the Government doesn’t kill the golden goose before it gets a chance to lay an egg.
But we need to take a longer term view to grow the industry in a way that benefits New Zealand.
“On top of a growing economic contribution to the economy, miners are unique in that they pay royalties in addition to the taxes and the other government charges all industries pay.