Economist Cameron Bagrie tells Magic Talk Drive that there may be some short term benefits to the announcement not to pursue a capital gains tax. Mostly though, he says, due to the uncertainty that existed until now.
- Winston Peters: National Party will have a new leader by summer
- Simon Bridges: We embarrassed Government into dropping tax
- 'Broader range of taxes' will be necessary
- Weak capital gains tax would show New Zealand First in charge
Watch the full interview above.
