The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / The Country

Listen: Jacinda Ardern says capital gains tax is not a headache

The Country
13 Mar, 2019 02:30 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Prime Minister Jacinda Ardern. Photo / Mark Mitchell

Prime Minister Jacinda Ardern. Photo / Mark Mitchell

While some people may find the capital gains tax a confusing proposal, Jacinda Ardern insists it is not giving her a headache.

The Prime Minister told The Country's Jamie Mackay the Government's consideration of the CGT is "not an unusual process."

"The Tax Working Group has put its ideas on paper [and there are] options for us to consider, but we haven't settled on anything."

Mackay referred to a recent opinion piece by Herald deputy political editor Claire Trevett, who wrote that the two-month gap between the Tax Working Group report and the Government's response to it provided "plenty of time for scaremongering."

Ardern disagreed with this idea and said that the alternative was to "not listen to people [or] hear their views".

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

As well as this, Ardern said the previous National Government had left an even longer gap when considering the bright-line test.

"Obviously the last Government when they sought advice ... and eventually put in place the bright-line test, they received a report, they considered it for four months. We're not suggesting we would do that".

"Maybe one of the differences here is whether or not the scaremongering was occurring during that four month period or not".

Advertisement
Advertise with NZME.

Whatever the outcome of the Tax Working Group's proposals the Prime Minister said it is better to listen to other's opinions, rather than to just "immediately ... put out exactly what we're doing".

Listen below:

"It's not unusual at all for a Government to receive a working group's opinion to take some time to consider it.

"Ultimately ... I don't think we should shy away from hearing people and listening to people's views".

Discover more

Winston Peters says capital gains tax won't affect farmers

20 Feb 02:00 AM

CGT 'killing incentive to get ahead' - Bridges

07 Mar 03:30 AM

Poll: Are you worried about the CGT?

11 Mar 02:45 AM

The Country - Simon Bridges edition

14 Mar 12:15 AM

Also in today's interview: Ardern discusses the Pike River re-entry, whether Shane Jones is hard to control, and if New Zealand's cooling relationship with China is warming up again.

Save
    Share this article

Latest from The Country

The Country

Southern scorcher: Mercury heads towards 30C while thunderstorms loom for North Island

06 Nov 01:07 AM
The Country

Arguing with Winston Peters on The Country

06 Nov 12:45 AM
The Country

The pāua and the pistol: Man throws his catch into the sea as officers confront him

05 Nov 07:18 PM

Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
Advertisement
Advertise with NZME.

Latest from The Country

Southern scorcher: Mercury heads towards 30C while thunderstorms loom for North Island
The Country

Southern scorcher: Mercury heads towards 30C while thunderstorms loom for North Island

Thunderstorms, however, are expected for parts of the North Island over the weekend.

06 Nov 01:07 AM
Arguing with Winston Peters on The Country
The Country

Arguing with Winston Peters on The Country

06 Nov 12:45 AM
The pāua and the pistol: Man throws his catch into the sea as officers confront him
The Country

The pāua and the pistol: Man throws his catch into the sea as officers confront him

05 Nov 07:18 PM


Kiwi campaign keeps on giving
Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP