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Property investors got off lightly: Heatley

Wednesday 20th of October 2010

He acknowledged the changes the government has made to depreciation and LAQC rules caused a lot of negative reaction from investors. However he told the NZ Property Investors Federation's annual conference in Blenheim that investors got off lightly.

"You got off reasonably well."

If a Labour government won the previous election then investors would have had a capital gains tax regime plus a land tax, he says

Heatley says the government is supportive of residential property investors and wants to make it as easy as possible for landlords.

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11 hours ago Paul Flood
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16 hours ago The Laird
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2 days ago Goldcard