Cunliffe: Labour's capital gains tax policy

Mr Cunliffe defended his slip-ups over Labour's capital gains tax policy, saying the policy was there on Labour's website for all to see. He denied Prime Minister John Key had caught him out on the details, saying it was Mr Key who had been wrong on the details when he claimed in the Press debate that family homes held in a trust would be subject to the tax. Mr Cunliffe had also said homes inherited after the death of a parent would be subject to the tax if not sold within a month, but later had to correct that. Mr Cunliffe said no inherited homes would be subject to the CGT.