Exchange of the Week

Question 3 yesterday:

Dr Russel Norman: Why is he ignoring the advice of the OECD, the IMF, and the Savings Working Group, that have found that New Zealand is now an outlier in not having a comprehensive on capital gains, the absence of which seriously undermines revenue, and also directs capital into the non-productive sector, the housing sector?

Rt Hon : I do not think this is the week to be looking closely at the IMF

Heh.

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