Labour may have to find another way to fund some of its policies. 

The party plans to use a Capital Gains Tax to pay for its health policies, and its costings assume 3% house price growth.  

However, Treasury has forecast just 0.6% growth in 2027, and 2.4% in 2028. 

Infometrics Principal Economist Brad Olsen told Mike Hosking this is a policy that's based on using its revenue to directly pay for other things – like free GP visits. 

He says if you don't get as much of the tax take at the start, you either have to find extra money to fund your promises, or you can't do them. 

LISTEN ABOVE 

Labour may have to find another way to fund some of its policies.&nbsp;
The party plans to use a Capital Gains Tax to pay for its health policies, and its costings assume 3% house price growth. &nbsp;
However, Treasury has forecast just 0.6% growth in 2027, and 2.4% in 2028.&nbsp;
Infometrics Principal Economist Brad Olsen told Mike Hosking this is a policy that's based on using its revenue to directly pay for other things – like free GP visits.&nbsp;
He says if you don't get as much of the tax take at the start, you either have to find extra money to fund your promises, or you can't do them.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Brad Olsen: Infometrics Principal Economist on the funding of Labour's Capital Gains Tax after PREFU

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4d54a7b0-bfe0-4327-ad31-b4d5016c96a3/transcript