Labour has announced what some are describing a “watered down” version of a Capital Gains Tax.

This targeted CGT would affect profit made after July 2027 from selling a commercial or residential property, excluding the family home.

Leader Chris Hipkins promises nine out of 10 Kiwis won’t pay tax on what they own, and it’ll allow everyone to get three free doctors visits a year.

On the flip side, National’s calling it an “attack on investment and savings” - with Finance Minister Nicola Willis saying it would “put New Zealand’s economic recovery at risk”.

Today on The Front Page, Infometrics economist Brad Olsen is with us to dive into the details of Labour’s latest pitch to the public.

Labour has announced what some are describing a &ldquo;watered down&rdquo; version of a Capital Gains Tax.
This targeted CGT would affect profit made after July 2027 from selling a commercial or residential property, excluding the family home.
Leader Chris Hipkins promises nine out of 10 Kiwis won&rsquo;t pay tax on what they own, and it&rsquo;ll allow everyone to get three free doctors visits a year.
On the flip side, National&rsquo;s calling it an &ldquo;attack on investment and savings&rdquo; - with Finance Minister Nicola Willis saying it would &ldquo;put New Zealand&rsquo;s economic recovery at risk&rdquo;.
Today on The Front Page, Infometrics economist Brad Olsen is with us to dive into the details of Labour&rsquo;s latest pitch to the public.

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Is Labour's new policy a watered down capital gains tax?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5107e3e3-b3a0-4984-abd5-b3840051f211/transcript

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