Labour is promising it won't change interest deductibility for landlords, and the Finance Minister has been quick to condemn this development.

Leader Chris Hipkins said that since the party has already pledged a capital gains tax, it'll keep deductibility as it is, despite reducing the claimable interest last time they were in Government. 

Nicola Willis says Labour and Hipkins have been consistently blaming National's changes to interest deductibility for the cost of living crisis - only to make an eleventh hour change ahead of the election. 

"Unbelievable - and this is why people can't take him seriously. He's all about the soundbite and ultimately doesn't have a coherent agenda, he's just copied National's homework." 

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