PHOTO: Momentum is swinging toward a government that has no appetite for taxing Kiwi property gains. NZ NATIONAL PARTY – SUPPLIED
Capital Gains Tax? Not On Our Watch!
📰 Opinion & Market Insight Feature
🏛️ A Policy on Borrowed Time
Labour’s Capital Gains Tax pitch may already be sinking faster than a dinghy in Cook Strait.
📌 The reason?
Momentum is swinging toward a government that has no appetite for taxing Kiwi property gains.
New Zealanders are tired.
Tired of rising living costs.
Tired of housing policies that hit everyday families instead of solving real issues.
🔥 And tired of politicians pretending new taxes build new houses.
Why Labour’s Capital Gains Tax Is a Dangerous Idea for NZ Housing | WATCH
💰 Kiwis Don’t Want Another Tax Grab
CGT is hugely unpopular because:
🔹 It risks skyrocketing rents
🔹 It punishes hard-working property investors
🔹 It hits retirees who planned responsibly
🔹 It does nothing to build the homes we need
It’s like charging an entry fee for a housewarming party in a home that doesn’t exist.
NZ NATIONAL PARTY
🏘️ The Real Solution is Supply, Not Squeezing
What will actually help fix our housing crisis:
✅ Faster consenting
✅ Infrastructure built where we grow
✅ Incentives for development
✅ Less red tape
✅ More freedom to build where people want to live
New Zealand needs cranes, not capital gains.
📉 CGT Is Already Losing the Battle
The public conversation has changed.
🗳️ Voters are leaning toward policies that:
✔ Protect landlords who provide housing
✔ Support first-home buyers through supply
✔ Encourage investment, not punish it
The more New Zealanders learn about CGT, the faster support evaporates.
🔮 Forecast: Tax Gone, Housing Boom Coming
If polls continue trending the way they are, Labour’s CGT proposal could:
🚫 Never pass
🚫 Never be implemented
🚫 Never touch the Kiwi property market
A shift in government could mean:
🏡 More homes
📉 Market stability
💼 Investor confidence returning
🥝 Kiwis keeping more of what they earn
🎯 The Takeaway
CGT might make loud headlines…
…but it’s unlikely to ever make it into the tax code.
New Zealanders expect policies that build homes, boost growth, and protect opportunity.
When the votes are counted…🏠 New Zealand property owners may be the real winners.