Reserve Bank suggests gains tax on rentals

Reserve Bank suggests gains tax on rentalsThe Reserve Bank has again floated the notion of a capital gains tax on rental investment property once it is sold, but at half the normal tax rate.A capital gains tax has been repeatedly proposed as a means to dent the demand… [NZ Politics]

Remember when reading this article to substitute Reserve bank for Dr Cullen. You don't seriously believe that the Reserve Bank concocted this idea all by their little selves, do you?

Of course not, Cullen has set them down the path and let them take the heat that no politician wants to take. 


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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