Labour's CGT calculus: Taxing property to pay for healthcare

Labour leader Chris Hipkins has finally unveiled a tightly targeted capital gains tax policy. (Image: NZME)

Wed, 29 Oct 2025

Labour’s capital gains tax may have disappointed someone on the left of the party so greatly they decided to spoil Chris Hipkins’s week and leak the details ahead of time.They failed.If anything, the rushed announcement of the policy package seemed to put Hipkins and his health and finance spokespeople, Ayesha Verrall and Barbara Edmonds, on their mettle.Hipkins impressed by rejecting out of hand any distracting hunt for the perpetrator. He knows too well that the hunt is often more damaging than the leak itself.Edmonds impressed wi...

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