Softening up for capital gains tax in all but name

Softening up for capital gains tax in all but name
Pattrick Smellie
It is now abundantly clear the government is laying the groundwork to extend the so-called ‘bright-line test’ from five years to as long as 10 years to deter property speculation.Under sustained questioning today from National Party leader Judith Collins and her finance spokesman Andrew Bayly, both Prime Minister Jacinda Ardern and Finance Minister Grant Robertson were coy in Parliament on whether such a move could be ruled out.Rather, they engaged in the same sophistry used by National when it first introduced a two-year bright-lin...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday