Judith Collins had a lot to say about the New Zealand Government as she stated that “They have told New Zealanders there would be no capital gains tax, they have told New Zealanders there would be no increase to the bright-line test, they have lied on both counts, and New Zealanders can’t trust what they’re told by the Government. They’ve taken the bright-line test and turned it into a full-scale capital gains tax.”
This was said in regard to the housing project that the government where there are packages available. These packages make first time home buyers eligible for loans and grants as well as it helps to double the bright – line test.
This clearly did not sit well with Collins as she tweeted that “By removing interest deductions and doubling the bright-line test, fewer houses will be built, fewer houses will be available for rent, rents will increase, and more kids will grow up in motels.”
Collins further went on in parliament that “We’ve already seen rents rise under three-and-a-half years of Labour governments. Those rents have gone by $120 a week, there’s no reason to believe that doubling that [the bright-line test] now to 10 years is going to do anything other than put house prices up.”
Collins has made it clear that she would support this project if there were more detail and clear visuals provided but as of right now there are no details or visuals provided hence the fight from Collins for the People not to believe in the project.
Collins further accused the finance Minister Grant Roberts of lying during last year’s election campaign when he made a promise to the people that there would be no change in the bright line test.
Collins ended with the statement “Broken promise from Grant Robertson in September last year, it’s only taken six months to break,”
