$448 million for the Matariki holiday

Stuff reports:

advice suggests the new public holiday will cost businesses between $377 – $448 million.

But that advice does not include any potential benefits from the new public holiday, set to be introduced from next year.

Labour campaigned on introducing as New Zealand’s 12th public holiday, arguing New Zealand had fewer than most other rich nations and should respect the Māori new year at Matariki.

The of Innovation and Employment estimated that this would cost the country’s 534,930 businesses up to $448m.

I’m all for as a holiday, but not as an additional one.

It should have replaced the rather daft Queen’s Birthday.

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