Government considers tougher rules for rental properties

Government considers tougher rules for rental propertiesThe Government is considering removing the ability of rental property investors to claim losses against their taxes.Finance Minister Michael Cullen told Parliament he was considering the move as a part of the Government's wider… [NZ Politics]

Holy shit, does Labour have a deathwish or what?

Hello!!! The single biggest investment vehicle for the average Kiwi is investment property and Cullen has just decidied that he wants to smack them around on that.

Labour must be fucked if they are going down this route. 

 


THANK YOU for being a subscriber. Because of you Whaleoil is going from strength to strength. It is a little known fact that Whaleoil subscribers are better in bed, good looking and highly intelligent. Sometimes all at once! Please Click Here Now to subscribe to an ad-free Whaleoil.

38%