Last week's Budget will open opportunities and increase confidence for Northland businesses, regional Chamber of Commerce boss Tony Collins says.
Mr Collins said Finance Minister Bill Englishs sixth Budget on Thursday gave positive promise for commerce and business and shows the New Zealand economy is on the right track, with opportunities ahead for local business.
"This years Budget recognises that New Zealand is moving into a growth phase. With a $372 million forecast surplus and growth expected between 2 per cent and 4 per cent over the next four years, the government is managing the books carefully," he said.
Mr Collins said the Budget provides positive signals for business, with additional investment in research and development, contestable funding for science and innovation, further funding for skills and more places in the Reboot apprenticeship programme.
"This is the sort of investment that will drive real innovation and growth and well timed to take advantage of upward economic cycle," he said.