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A warning from NZ on housing tax changes

When Jim Chalmers stood up on budget night and announced the end of negative gearing on established properties, he assured Australians it was worth breaking a promise for “right and justifiable reasons.” Grant Robertson, New Zealand’s finance minister, said something remarkably similar in March 2021 when he broke his own promise not to extend the bright-line test on property. Robertson called his earlier commitment “too definitive.” A New Zealand Herald columnist observed that this sounded a lot like “too honest.” New Zealanders know how this story ends. Read more

Dr Oliver Hartwich
The Australian
18 May, 2026

An affront to democracy?

Mike Smith, the climate activist suing six of New Zealand’s largest companies over greenhouse gas emissions, is unhappy. On Tuesday, the Government announced it will amend the Climate Change Response Act 2002 to stop cases like his and others like it. Read more

Roger Partridge
Insights Newsletter
15 May, 2026

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