'Investment Boost' means more cash for listed property sector

Kiwi Property Group CEO Clive Mackenzie. (Image: Jason Oxenham)

Fri, 04 Jul 2025

The Government’s key Budget 2025 policy is helping bolster listed property companies' bottom lines, though it only partly restores recent tax law changes.Unveiled by Finance Minister Nicola Willis, Investment Boost is a tax incentive aimed at increasing capital investment in New Zealand. Since May 22, businesses can claim 20% of the cost of new assets as an expense, then claim depreciation as usual on the remaining 80%. NZX-listed property companies, such as Property for Industry (PFI), Kiwi Property Group and Argosy Propert...

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