Norman Gemmell, Te Herenga Waka — Victoria University of Wellington
Without making housing supply the priority, the government’s tax-based policies create more objectives than they can reasonably achieve.
New Zealand Prime Minister Jacinda Ardern promising to accelerate Labour’s COVID-19 recovery plan after winning re-election in a landslide.
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In some quarters, the median Sydney home earns more from capital gains than the median worker earns from wages. Now’s a good time to wind back the measures that push prices up.
Robert Breunig, Crawford School of Public Policy, Australian National University; Kristen Sobeck, Crawford School of Public Policy, Australian National University e Peter Varela, Crawford School of Public Policy, Australian National University
It would be a mistake to think that just because higher earners face higher tax rates, that’s what they pay. When it comes to income from savings it’s the other way around.
Claiming for working for home is fraught. It’s safest to claim the running expenses the tax office allows. ‘Occupancy expenses’ are harder to justify and could cost you your capital gains tax discount.
Westpac and the ANZ have suspended dividends payments. The National Australia Bank has slashed them. The peculiarities of our tax system explain why retirees hate this more than they should.
Warren and Sanders are the candidates with arguably the most aggressive plans to tax the rich.
AP Photo/Meg Kinnard
Jonathan Barrett, Te Herenga Waka — Victoria University of Wellington
Establishing artists could benefit if New Zealand introduces a proposed capital gains tax that excludes any profit made on the sale of collectables and artworks.
New Zealand is one of few countries without a capital gains tax and the proposal to introduce one prompted outrage.
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At times we are told Labor’s capital gains tax policy will hit mainly high earners. At other times, low earners. The truth, uncovered by our microsimulation model, tells us something about ourselves.
Negative gearing makes it hard for renters to become home owners. Now would be a pain-free time to wind it back.
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The Trump administration is considering a change to how capital gains taxes are calculated that would save investors roughly $100 billion over a decade.
Older and poorer Australians aren’t benefiting from negative gearing.
AAP
New modelling shows negative gearing and capital gains taxes can be reformed in a way that doesn’t impact poorer investors.
When public investment in a development like Sydney’s Northern Beaches Hospital boosts land values, who should reap those gains: the community or individual owners?
NSW Premier's Office/AAP
Who is entitled to the increase in value created by planning approvals, new infrastructure, population growth or urban development? For John Stuart Mill, the answer would have been the community.
The latest ANUpoll shows that Australians are very concerned that future generations may be locked out of home ownership.
Jason Reed/AAP