Today's 2018 Budget announcement is lacking anything "new and exciting" for businesses, according to Rotorua's Chamber of Commerce chief executive.
"The $1 billion provincial growth grant is fantastic but that was [announced] in February," Allison Lawton said.
The Government did announce $1b over four years to finance a research and development tax incentive which would give eligible businesses 12.5 cents back for every dollar they spent on research and development.
"That's encouraging businesses to engage in research and development, and that's around increasing regional productivity," Lawton said.
"That's great if you're in that playing field.