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flag Labour proposes capital gains tax on property to fund health reforms and boost innovation.

flag At the 2025 Labour Party Conference, Finance Spokesperson Barbara Edmonds unveiled a plan to reform New Zealand’s economy, criticizing the National government’s record and announcing a targeted capital gains tax on investment and commercial property, with proceeds dedicated to rebuilding health services, including three free annual doctor visits. flag She introduced the New Zealand Future Fund to shift investment from property speculation to innovation and high-skill industries, emphasizing fiscal responsibility and long-term growth. flag Deputy Prime Minister Carmel Sepuloni urged unity and hope amid public fatigue, highlighting Labour’s diverse base and commitment to fairness, while party leaders and supporters expressed confidence ahead of the 2026 election, citing strong polling and a focus on grassroots organizing.

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