Above 50 percent of Kiwi business owners are reported to have stood against a proposed rise in GST mooted in next week's budget, and many are striving to understand the current regulatory environment at all.

The latest MYOB business monitor of more than 1000 New Zealand business owners has found nearly thirty one percent of business owners in the MYOB Business Monitor survey were insatiable with the Government's backing for businesses of their own, with only 19 percent satisfied with the Government's performance.

Business owners in the retail and hospitality (40 per cent) and construction and trades (37 per cent) sectors depicted the highest levels of industry-based disgruntlement.

Also, the MYOB survey discovered that 29 percent of businesses stood against property tax changes expected in the budget, with nearly 8 percent seeing them as a support to their business.

At the same time, the number finding ACC changes unhelpful or very unhelpful jumped to 45 percent, compared to 40 percent in November.

MYOB New Zealand General Manager, Julian Smith posted that disgruntlement was a direct consequence of the recession - with many of the hardest hit regions and sectors showing the highest levels of dissatisfaction.