Labour unveils targeted capital gains tax to fund free doctor visits

Labour leader Chris Hipkins. Photo / NZME

Tue, 28 Oct 2025

Labour has revealed its plan for a targeted capital gains tax, explaining the money would be funnelled back into the health sector and give Kiwis three free doctors’ visits a year.The plan involves setting up a Medicard for all Kiwis, which would be handed out at birth or upon gaining residency or citizenship.Leader Chris Hipkins said the tax would only be applied to the sale of a commercial property or residential property.This would exclude the family home, KiwiSaver, shares, business assets, inheritances and personal items.Hipkins said...

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