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Clamp down on property investors part of govt housing package

Grant Robertson says taking action on housing is in everyone's interests.

Brent Edwards Tue, 23 Mar 2021

The government is going to tax property investors more and spend $3.8 billion to speed up housing developments as it tries to bring the housing crisis under control.

In its housing announcement today, Finance Minister Grant Robertson confirmed the bright-line test would be extended to 10 years

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Clamp down on property investors part of govt housing package
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