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1129 days ago • Posted by Jasper Lawler

Kiwi dollar has its worst day in a year as New Zealand gov plans housing market curbs

  • -NZ housing agency can borrow NZ$2bnb for land purchases
    -NZ to boost housing supply, infrastructure with NZ$3.8bn fund
    -New Zealand extends horizon for tax on investment property sales
    -NZ to remove tax deductibility of loan interest for investors
    -NZ govt to allow more people to access first home grants
    -NZ extends the 'bright-line' tax horizon to 10 years from 5 (the bright line test is related to tax on certain transactions, this extension will serve to increase the tax take at the margin).

  • via @forexlive / @MrMBrown
#Forex
Kiwi dollar has its worst day in a year as New Zealand gov plans housing market curbs
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