Luxon set to gain almost $500k on property sales | TVNZ Breakfast
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 Published On Oct 2, 2024

Prime Minister Christopher Luxon stands to make almost $200,000 tax-free on the sale of his Wellington apartment this month.

Having sold another property in Auckland's Onehunga for a $280,000 profit at the beginning of September, it brings his projected untaxed income to almost half a million dollars in recent weeks. Both sales are still pending settlement.

National's Chris Bishop and Labour's Kieran McAnulty discuss.

Chapters:
00:00 - Capital gains tax
04:38 - Middle East
06:48 - World Athletics Indoor Championships

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