Jeremy Tauri: Improved fortunes benefit all

The Budget addressed other issues, mostly around social policy. Pictured is Bill English.

The 2015 Budget sent some clear messages about the performance of New Zealand businesses at the moment.

In their current state they aren't in need of any tax cuts, there's growth and businesses will do their part in providing more jobs over the years to come.

And what I'm seeing on a micro level confirms that. This year was a better performing year in general for businesses than 2014. It has been a case for most of trying to keep up.

I'm seeing more start-ups as opportunities present themselves and when there's more work to be done, naturally you need to hire.

It's not Government that's going to provide the jobs but with Government providing the right climate businesses will provide jobs.

Some were disappointed that there was no surplus but let's put into perspective the difference between 2011 and now.

The 2011 Budget was an $18.4 billion deficit, the 2015 budget a deficit of $684 million. It's a vast improvement and eyes on the road ahead still have confidence levels higher now for business owners. Confidence brings spending investment and jobs.

With businesses' fortunes improving, the Budget addressed other issues, mostly around social policy. To some that might have been a surprise but to nearly all there will be benefits.

Businesspeople know this already - many firms address concerns in their community through direct contributions, governance help for charitable organisations, or other forms of assistance, often it's more effective than people think at tackling problems before they occur and saving the community money in the long run.

The increase in working for families and the options for increased working hours for sole parent beneficiaries addresses hurdles for businesses looking for an increase in staff hours, and those wanting to re-enter the workforce.

More flexibility to work with those with child support debt will allow people to get ahead of their expense, reduce the administration and collection of those payments and contribute to child welfare, where it should be directed.