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Barry Soper: Will interest deductibility for landlords help renters?

Author
Newstalk ZB,
Publish Date
Mon, 11 Mar 2024, 7:38PM
Photo/NZ Herald
Photo/NZ Herald

Barry Soper: Will interest deductibility for landlords help renters?

Author
Newstalk ZB,
Publish Date
Mon, 11 Mar 2024, 7:38PM

The Government is set to re-introduce interest deductibility for landlords this April.

They'll also be able to claim 80 percent of interest expenses from next month, and 100 percent from April 2025.

ZB senior political correspondent Barry Soper says time will tell as to whether these proposed changes will benefit renters as well.

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