Luxon criticises outgoing ANZ boss for backing capital gains tax

Summarised by Centrist

Prime Minister Christopher Luxon took a jab at ANZ CEO Antonia Watson after she expressed support for a capital gains tax on investment properties. Luxon, speaking on RNZ, said, “I love it that the CEO of a big bank from Australia wants to take more money off New Zealanders.” He added that taxing wouldn’t solve a recession but growing the economy would. Labour criticised Luxon, suggesting his comments were unbecoming of a leader.

Read more over at RNZ