Press Release – New Zealand Taxpayers’ UnionLabour productivity growth has averaged barely 0.2 percent a year since 2019. Taxpayers’ Union is slamming Labour’s plan to axe Investment Boost, warning it would discourage business investment and make New Zealand’s productivity crisis even worse. “Labour productivity growth has averaged barely 0.2 percent a year since 2019. “Investment Boost was never ambitious enough, but Labour are moving in exactly the wrong direction by punishing companies for investing in themselves.” “Full capital expensing is the single best bang-for-buck productivity boost.