The podcast explores claims that New Zealand's recent budget makes it a tax haven for Australian investors, arguing that the changes—particularly on capital gains and negative gearing—are not attractive due to tax credits, property price trends, and Australia's existing tax rules
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But it's not as if people can uh decide that they shift their domicile to New Zealand, uh, unless they actually physically move, which of course Australians can do quite freely, but they would still be liable to Australian tax on capital gains that they earned on assets in Australia, and they get a credit for that against any tax they might have to pay in New Zealand, which would probably wipe that out.
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no practical shift due to tax credits and obligations
Saul Eslake: Australian independent economist on the claims that the Budget is turning NZ into an Australian tax havenSocial-media signal on the same topic, drawn from the social lens. Engagement is likes + 2×shares + 3×replies, the same weighting used across the digest cards. View on /social →
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