Labour's Interest Deductibility U-Turn! + 190% Aussie Property Search Surge | Ep 28

Send Us A Message! Let us know what you think. Labour drops a major tax policy bombshell! In Episode 28 of *NZ Property Insights*, Paul and Debbie Roberts unpack Labour's official confirmation to retain 100% interest deductibility for residential property investors, alongside the technical accounting reasons behind their Capital Gains Tax shift.  Plus, we break down why first-home buyers hit a record 29% market share, Moody’s new economic recovery forecast, a $2.5 billion data centre energy boom, and a staggering 190% surge in Australian buyers hunting for Kiwi real estate!  **Key Episode Highlights** - Segment 1: $2.2B KiwiSaver Cash-Out & Record First-Home Buyer Share - Over 50,000 Kiwis withdrew $2.2 billion from KiwiSaver to secure their first home. - Cotality data confirms first-home buyers reached a record 29% national market share. - Why QV's -1.9% quarterly drop lags real-time market activity by up to three months. - How ASB’s housing outlook gives buyers an extended runway through late 2029. - Segment 2: Moody's Economic Recovery Report & Data Centre Surge - Moody’s projects NZ real GDP growth of 1.6% in 2026, broadening to 2.3% in 2027. - Data centres are set to consume over 3 terawatt-hours of power, requiring $2.5B in energy infrastructure. - Moody's warning on central government’s proposed 2%–4% council rate caps. - Why NZ’s well-capitalized banks are keeping mortgagee sales at historical lows. - Segment 3: 190% Aussie Search Surge Driven by Cross-Tasman Tax Shifts - Realestate.co.nz search traffic from Australia surged 163% in May and 190% in August following Australian tax changes. - Australian enquiries jumped 134% in May, with saved properties up over 44%. - Hotspot demand: Sydney, Brisbane, and Perth buyers targeting standalone houses in Auckland, Canterbury, and Central Otago. - Segment 4: Labour’s Interest Deductibility U-Turn & Capital Gains Tax Focus - Labour confirms it will retain 100% mortgage interest deductibility ($2.8B policy over 4 years). - The technical tax math: Why interest, rates, and insurance are deductible holding costs under a Capital Gains Tax regime. - Political fallout: Industry reactions from Renters United, the Property Investors Federation, National, and ACT. **Call to Action (Drive Masterclass & Subscriptions)** 🎓 **Attend Our Free Live Property Masterclass:** *"How to Succeed with Property Investing"* (Hosted Live by Debbie Roberts)  👉 **Register free here:** https://www.propertyapprentice.co.nz  Property Apprentice provides 100% independent education, borrowing capacity optimization, and personal financial strategies. We DO NOT sell real estate!  👉 **Enjoying the show?** Tap the **+ Follow** or **Subscribe** button in your podcast app (Apple Podcasts, Spotify, Overcast, etc.) so you never miss an episode! Leave us a 5-star review if you find our weekly data breakdowns helpful.  #NZProperty #RealEstateNZ #PropertyApprentice #InterestDeductibility #KiwiSaver #NZEconomy #HousingMarket #NewZealand Support the show **Disclaimer:** *The information provided in this video is for educational purposes only and does not constitute personalized financial advice. We recommend seeking advice from a qualified professional before making any investment decisions.* \*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.