Labour Party's capital gains tax policy and median rule for property investors
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Discrepancy in tax policy details regarding capital gains and interest deductibility.
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Labour Party
New Zealand
September 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 19/21/2026, 6:01:35 AM
The Labour Party proposes a 28% capital gains tax on investment properties starting July 2027. A 'median rule' will be used to calculate taxable gains to avoid taxing artificial gains on properties bought at market peaks. The policy is expected to generate $100m in the first year, rising to $1.3 billion after 2030.
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