Retirees and farmers could defer the tax, but equity could erode over time.
Home / New ZealandUpdatedRNZ25 Aug, 2026 09:22 PM5 mins to readOpportunity Party leader Qiulae Wong. Photo / RNZ, Samuel RillstoneOpportunity Party leader Qiulae Wong. Photo / RNZ, Samuel RillstoneBy Susan Edmunds of RNZThe Opportunity Party’s land tax proposal could cut house values by at least 10%, economists say.The party is proposing a 1.75% annual land tax, which drops to 0.5% on rural land.
This will pay for a
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The Opportunity Party's land tax proposal could cut house values by at least 10 percent, economists say.
The Opportunity Party's land tax proposal could cut house values by at least 10 percent, economists say.
The Opportunity Party leader fronted on Q+A.
The party plans to make $3.8 billion of savings a year, with about half coming from cuts.
New Zealand's Opportunity Party proposes a universal basic income for residents. This policy would be funded by a new annual land…
'If we simplify that, that’s a lot of jobs that no longer need to exist.'
