Podcasts Other The Mike Hosking Breakfast Nicola Willis: National finance spokesperson says legal advice tells them a tax on foreigners buying houses will work

Nicola Willis: National finance spokesperson says legal advice tells them a tax on foreigners buying houses will work

Published: Aug. 30, 2023, 9:26 p.m.

National says independent legal advice tells them a tax on foreigners buying houses will work.\xa0

The party's unveiled its $14.6 billion tax policy, which includes shifting income brackets and expanding tax credits.\xa0

It would pay for it, in part, by ending the ban on foreign buyers - for homes worth more than $2 million and taxing them 15 percent. \xa0

National finance spokesperson Nicola Willis told Mike Hosking they can do it while complying with the free trade and tax agreements.\xa0

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