CGT a ‘wrecking ball’ for our economy, NZ PM tells Albanese

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Source: The Age
Published: 2026-06-06 14:15 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Education, Australia, Economy & Finance, Law & Courts, Tax & Budget, Business & Economy
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Snippet:
New Zealand’s Prime Minister, Christopher Luxon, has described the prospect of introducing a capital gains tax as a “wrecking ball” for his country’s economy, firmly ruling out the move as a light-hearted trans-Tasman exchange highlighted a deeper policy divide with Australia.
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