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Govt floats bigger tax break for build-to-rent homes

Pattrick Smellie
Tue, 28 Sep 2021

Whether for sale or rent, the new tax rules favour new builds over investment in existing homes. (Image: Getty)
Pattrick Smellie
Tue, 28 Sep 2021
The government is considering giving more favourable tax treatment to property owners who build properties for rent.The measure would allow build-to-rent projects to deduct interest costs against income for longer than the 20 years proposed in the legislation enacting new rules on investment properties’ interest deductibility.Revenue minister David Parker has released the draft legislation to enact measures first announced in March. These are intended to help slow rampant house price inflation by disallowing deduction of mortgage interest...

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Why US private equity still sees a silver lining in the All Blacks
Trevor McKewen | Sat, 16 Oct 2021

 Silver Lake has been battered from pillar to post in the great Kiwi rugby debate. So, why is it not giving up?

On the Money
On the Money: John Key, car boss's big bonus, Chris Meehan, and more
Rebecca Stevenson | Sat, 16 Oct 2021

OTM this week: who is the go-to lawyer for high net worth New Zealanders, can this listed company boss rev up his firm, which tech exec is living la vida normal, and more.

Has Rob Everett thrown a hospital pass?
Brian Gaynor | Sat, 16 Oct 2021

Samantha Barrass, Rob Everett’s successor at the FMA, may have a baptism of fire.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.