Changes to the tax treatment of
investment property invite a behaviour change by New
Zealanders away from investing in property to investing more
in NZ and productive activity.
“If we achieve
just that from this Budget it will represent a game change
we have needed for decades, “ said Auckland Chamber CEO
Michael
Barnett.
If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!