Labour recently confirmed it aimed to campaign on the introduction of a capital gains tax on commercial and investment residential property.

Leader Chris Hipkins also claimed the money raised would be used to fund the health system, but questions have been raised over whether this proposal can work.

NZ Herald Wellington business editor Jenee Tibshraeny weighed up the idea, and whether Labour can be trusted to spend the money wisely.

LISTEN ABOVE

Labour recently confirmed it aimed to campaign on the introduction of a capital gains tax on commercial and investment residential property.
Leader Chris Hipkins also claimed the money raised would be used to fund the health system, but questions have been raised over whether this proposal can work.
NZ Herald Wellington business editor Jenee Tibshraeny weighed up the idea, and whether Labour can be trusted to spend the money wisely.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on whether the capital gains tax can work

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d0a0e658-0aeb-4888-9906-b3850069cbf1/transcript