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      Home > News > Business

    A call to introduce a capital gains tax - and limit how much money wealthy people can borrow - has been labelled 'nonsense'

    A call to introduce a capital gains tax - and limit how much money wealthy people can borrow - has been labelled 'nonsense'

    14 February 2020
    The latest Helen Clark Foundation report recommended the new restrictions, in a move to drive down house prices.

    It states the decades-long property investment boom has created windfall gains for property owners, the real estate sector and banks... at the expense of people's basic need for shelter.

    But One Roof Property Commentator Ashley Church says hitting the people you envy the most... to fix the market - is a simplistic, leftist idea that won't work.

    © 2025 Newstalk ZB, NZCity


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     Top Stories

    RUGBY RUGBY
    Canterbury hooker George Bell's outlined what he claims will be critical to containing Hawke's Bay as they bid for a first NPC final berth since 20-22 More...

    BUSINESS BUSINESS
    The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices More...


     Today's News

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     Rugby:
    Canterbury hooker George Bell's outlined what he claims will be critical to containing Hawke's Bay as they bid for a first NPC final berth since 20-22 16:36

     Entertainment:
    Rachael Ray loves her quiet lifestyle in Tuscany 16:17

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