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 They may be out of date and I might not include all of the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