While most of us can accept the Government’s intentions of tipping the balance away from speculators and back towards first home buyers, the new property tax changes are going to hurt ordinary New Zealanders, mum and dad investors, and in reality, tenants themselves as the cost of providing rental stock rises to investors.  We share more here.

The Government has released a 143-page discussion document outlining details on how to restrict interest deductions on residential investment properties - affecting around $82 billion of debt in New Zealand.

It’s becoming more expensive to own rentals, so is property still a good investment? The costs and risks may have risen, but it also has one distinct advantage…