News | Politics
1 Jul 2025 19:07
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    The Government says new property laws will help increase the supply of housing so won't push rents up

    The Government says new property laws will help increase the supply of housing so won't push rents up


    The interest deductibility rules for landlords were signalled in March, but were only released yesterday, and will come into force on Friday.

    Investors will be able to claim interest on new builds for up to 20 years, and owner-occupiers who rent rooms out will also get the interest back.

    Revenue Minister David Parker says rents have gone up by 10 percent over the past year, but it was even worse in previous years.

    He says in Auckland the number of houses has gone up 90 percent since 2017, which is the most important thing.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     01 Jul: Foodstuffs is trialling the use of reusable plastic deli containers in six stores
     01 Jul: The Finance Minister says changes to the FamilyBoost scheme are on their way
     30 Jun: Among all Israel's targets in Iran, the strikes at Evin Prison left some people 'in disbelief'
     30 Jun: Excitement over expected changes to the way authorities deal with retail crime
     30 Jun: Hopes new offences will curb the number of attacks on prison staff
     29 Jun: A plea to keep Auckland's Takapuna golf course open, from one the country's best known golfers
     29 Jun: Waikato children are benefiting from an intiative providing free dental surgery
     Top Stories

    RUGBY RUGBY
    The spectre of a second-string opponent is just something the All Blacks have to deal with More...


    BUSINESS BUSINESS
    New World is launching a reusable container trial in September More...



     Today's News

    Health & Safety:
    Expectations weight-loss drug Wegovy will eventually be funded 18:57

    Law and Order:
    A 20-year old's been charged over an ambulance being stolen - with a police officer and paramedic inside 18:37

    Entertainment:
    Prince William has called for global leaders to act with "urgency and purpose" to solve the climate crisis 18:36

    Health & Safety:
    Domestic violence victim-survivors share early warning signs of abuse 18:17

    Rugby:
    The spectre of a second-string opponent is just something the All Blacks have to deal with 18:07

    Entertainment:
    Damson Idris says his mother inspired his love for "luxurious" fashion 18:06

    Entertainment:
    Allison Williams wishes the Girls set had an intimacy coordinator 17:36

    Rugby League:
    Confidence from one of the favourites to replace Luke Metcalf in the Warriors number seven jersey 17:27

    Entertainment:
    Rita Ora developed hypochondria after her mother's breast cancer diagnosis 17:06

    Business:
    New World is launching a reusable container trial in September 16:57


     News Search






    Power Search


    © 2025 New Zealand City Ltd