Bright-line tax rate won't be used on storm buyouts, Labour pledges
The Labour government says the bright-line test will not apply to severe weather-affected property buyouts.
Source: rnz.co.nz
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Cyclone & flood damaged homes exempt from bright-line test in voluntary buyout
Homeowners who sell their weather damaged properties to local councils will not be subject to the bright-line test, Revenue Minister Barbara Edmonds says
Source: interest.co.nz
Government Will Remove "bright-line" Test For Cyclone Buyout Properties
The Government is ensuring that owners of flood and cyclone-damaged properties who take up voluntary buy-out offers are not inadvertently caught by tax rules applying to profits on the sale of their land.
Source: scoop.co.nz
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David Seymour's Pacific Minister Guy Fawkes comment: Calls mount for apology, PM Chris Hipkins says Act leader 'should be ashamed of himself'
A National Party Pacifika candidate is also calling for Seymour to apologise.
Source: nzherald.co.nz
Seymour 'should be ashamed of himself' for Guy Fawkes 'joke' - PM
David Seymour is doubling down on saying he fantasised about sending Guy Fawkes into the Ministry of Pacific Peoples - interpreted by many as...
Source: odt.co.nz