'It's not fair' - the landlady hits back
Pat Baker, a $10 million landlady and grandmother, is bristling about being blamed for wrecking the economy.
Pat Baker, a $10 million landlady and grandmother, is bristling about being blamed for wrecking the economy.
Housing confidence is on the rise in Auckland, while a new survey is showing growing uncertainty about tax changes and rising interest rates.
Finance Minister Bill English has poured cold water on hopes of a cut in the top income tax rate to 30 per cent.
The status quo for property investors cannot be sustained, Tax Working Group member John Shewan says.
The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.
The Govt's plan to hike GST, cut income tax and change property tax rules draws a mixed response from business leaders and political opponents.
A property investors group is recommending rent hikes and a halt on maintenance as a result of proposed changes to property taxation.
Phil Goff slams the Prime Minister's policy statement, saying it "fails on every count."
Some of the main points from Prime Minister John Key's statement to Parliament.
A rise in GST to 15 per cent has been strongly signalled in the Prime Minister's statement to Parliament but it would be offset by across-the-board cuts in personal tax.
John Key says he accepts some of the things to be announced in the Government's policy programme could erode his political popularity.
John Key is expected to target tax breaks for landlords in his first parliamentary speech of the year setting out the Government's plans.
The usual January jump in property sales has not happened and potential tax changes could be to blame.
Gareth Morgan explains why he gives the Tax Working Group's efforts 4 out of 10.