The Prime Minister seems to have narrowly avoided a large tax bill for selling his Wellington apartment.
He paid $795,000 for it in 2020, and 1News reports it's been sold for $975,000.
When it was purchased, a five-year bright-line test applied - under which Luxon would have owed $70,000 in tax.
ZB senior political correspondent Barry Soper says Luxon seems proud to defend this apartment sale.
LISTEN ABOVE

Perspective with Heather du Plessis-Allan: Here's why political parties shouldn't rush laws
02:20

Full Show Podcast: 11 September 2026
1:39:53

Sean Fitzpatrick: Former All Blacks captain on 4th test against Springboks
05:14