Government considers tougher rules for rental properties

Government considers tougher rules for rental propertiesThe Government is considering removing the ability of rental property investors to claim losses against their taxes.Finance Minister Michael Cullen told Parliament he was considering the move as a part of the Government's wider… [NZ Politics]

Holy shit, does Labour have a deathwish or what?

Hello!!! The single biggest investment vehicle for the average Kiwi is investment property and Cullen has just decidied that he wants to smack them around on that.

Labour must be fucked if they are going down this route.?

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