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All parties on HousingBack to Labour’s policies
Housing · Party position

Labour on Housing

Capital gains tax on investment property; solar help for renters and homeowners

Labour says it will put a 28% tax on profits from selling investment properties (not the family home) from July 2027. It also has a SolarSaver programme to help homeowners and renters get solar panels without paying the full cost upfront. These are the main housing-related policies in the text provided.

What they say they'll do

  • Introduce a 28% capital gains tax on profits from selling investment property (excluding the family home), applying to profits made after 1 July 2027
  • Ring-fence all capital gains tax revenue for health spending
  • Run SolarSaver within 12 months of taking office, helping homeowners, renters and communities get solar without upfront cost

Who this affects

Investment property owners
Owners who sell residential or commercial investment property after 1 July 2027 would pay 28% tax on the profit made since that date; the family home is excluded.
Renters
Renters are listed as people who can access the SolarSaver programme to get solar power without paying upfront costs.
Homeowners
Homeowners can access the SolarSaver programme for solar without upfront cost, but would not pay the capital gains tax on their own home.

In their own words

“a simple targeted capital gains tax on investment property profits to fund health”
“Every dollar raised is ring-fenced for health. Nine out of 10 New Zealanders will not pay the tax.”
“Labour's SolarSaver is a fully-funded programme to help homeowners, renters and communities get solar without the upfront cost.”
Verify at Labour — official policy page

Summarised neutrally from Labour’s own official policy (as at 2026-09-14) and checked by an editor. Nothing is paraphrased without the source linked. Read the original ↗ Arapono is non-partisan. Compare all parties on Housing →

In depth — from Labour’s policy document

Targeted capital gains tax on property

Labour proposes a 28 percent tax on the profit made when a commercial or residential property is sold, excluding the family home. It applies only to gains made after 1 July 2027 — any increase in value before that date is not taxed — and is generally paid at the point of sale. The party says all revenue would be ring-fenced for health, funding three free GP visits a year for everyone.

Rate
28%
Gains taxed from
1 July 2027
Applies to
Commercial and residential property
Read the full breakdown6 sections · 2 worked examples · 3 quotes · 4 open questions

Coverage at a glance

Which party holds a published position on which topic.

Open the compare tool →

Swipe across to see all 11 topics — the party column stays put.

PartyEconomyHousingHealthEducationClimateEnvironmentCrime & JusticeTreaty & Māori AffairsImmigrationForeign PolicyDemocracy & Government
National
Published position∅ No stated position (verified) Not captured yet
Labour∅∅∅∅∅∅
Green
ACT
NZ First
Te Pāti Māori
TOP
Also contesting, without seats in Parliament
Women’s Rights
Animal Justice
ALCP
Conservative
Outdoors & Freedom
Vision NZ
Alliance
Free Palestine
NZ Loyal∅
Te Tai Tokerau∅