New Zealand 2023 Election: Policies that Impact Property Investors
Every political party has issued a raft of policies including education, healthcare, welfare and more. To keep this page at a sensible
limit we have restricted it to the main parties polling at least 5%, and have cherry-picked specific policies around tax, property and
building.
I am updating this website as I see policies get released and argued over. They may be out of date and I might not include all of the
details about every policy. It is natural for the incumbent (Labour) in this case to not have a lot of new policies and instead campaign on
their record.
15 Sep Update: Now that NZ First is polling at 5% we plan update to include their policies.
Bright Line Test
National |
Revert to 2 years |
Act |
Abolish |
Labour |
Keep at 10 years |
Greens |
Keep at 10 years |
Interest Deductibility on Residential Rental Property
National |
Phase the reversal to 100% deductible over 2 years |
Act |
Immediately revert to 100% deductible |
Labour |
Status quo (no deductibility except for social housing and new builds) |
Greens |
Status quo (no deductibility except for social housing and new builds) |
Tax bracket changes
National |
Adjust for inflation |
Act |
Adjust for inflation |
Labour |
No change |
Greens |
Adjust for inflation |
Top-tier income tax rates
National |
39% |
Act |
33% |
Labour |
39% |
Greens |
45% |
Wealth / Capital Gains Taxes
National |
Ruled out |
Act |
Ruled out |
Labour |
Ruled out |
Greens |
2% wealth tax (wealth over $2mil) + 1.5% trust tax |
Other Tax Policies related to Property, Income, Wealth
Building and Development