UPDATE: No capital gains tax while Ardern leader

Wed, 17 Apr 2019

(Updates and recasts throughout) By Paul McBeth April 17 (BusinessDesk) - Prime Minister Jacinda Ardern says the public has spoken and she won't introduce a capital gains tax while she leads the Labour Party. The Labour-led coalition wasn't able to reach an agreement on whether to adopt a capital gains tax in response to the Michael Cullen-led working group's report, and have ditched the idea altogether. Ardern told reporters in Wellington she still believes a capital gains tax could make the system fairer, but hasn't been able to...

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