The Reserve Bank does not favour the kind of capital gains tax the Labour Party is proposing, saying it would only distort the property market further. 24 Aug 2011 more >>
BNZ economist Tony Alexander has rejected the argument that a capital gains tax would result in additional money being invested in productive assets. 18 Jul 2011 more >>
Labour proposals for a capital gains tax on investment property have been criticised as unfair on both investors and tenants, "who are going to end up paying for this." 06 Jul 2011 more >>
Tax changes are "essential" to remove the distortions that favour housing as an investment over basic savings products, according to the Savings Working Group report. 01 Feb 2011 more >>
Toughening existing tax rules about when the capital gain on a property can be taxed were still under consideration by ministers until relatively late before this year’s Budget, papers released by the Treasury show. 14 Jul 2010 more >>
The Government has ruled out almost all the property tax changes proposed by the Tax Working Group. 09 Feb 2010 more >>
RESIDENTIAL TENANCIES AMENDMENT BILL - 2nd reading commenced.
The Government commenced the second reading debate of the Residential Tenancies Amendment Bill on 8 December. This process basically means that Parliament is asked to adopt the bill as reported back, with amendments from the Social Services Select committee. 11 Jan 2010 more >>
Broadening the tax base is critical in the longer term, to avoid large increases in personal income tax and GST. 08 Oct 2009 more >>
Calls for a capital gains tax are gaining momentum, but unfortunately the capital gains debate thus far has been tainted with misinformation and a lack of clarity as to what a capital gains tax would hope to achieve. Frank Newman, who is a writer on investment and a part-time lecturer at Massey University, gives his views. 22 Sep 2009 more >>
Equity, rather than the question of curing an over-investment in property, is the focus of a new paper on a capital gains tax for New Zealand. 18 Sep 2009 more >>
While the Prime Minister John Key virtually ruled out a capital gains tax yesterday, he is much less unequivocal about other forms of tax on property investment. 15 Sep 2009 more >>
The NZPIF has been campaigning on behalf of it's members in opposition to proposals to introduce a Capital Gains Tax for Property Investors. 15 Sep 2009 more >>
The government is not ruling out a capital gains tax to keep the housing market under control. 13 Aug 2009 more >>
A capital gains tax on property investment is definitely not on the Government's agenda, says Housing Minister Phil Heatley. 05 Jun 2009 more >>
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