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Advice on rental market effects of investment property interest deductibility

Will McManus made this Official Information request to Christopher Luxon

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From: Will McManus

Dear Christopher Luxon,

On the 13th of March 2024 you are quoted by Radio New Zealand to have said:

"Our advice is that we're going to get downward pressure on rents, because essentially, the costs are not being passed through to renters."

https://www.rnz.co.nz/news/political/511...

I would please like to request a copy of any and all advice which the Prime Minister was referencing in this statement.

Yours faithfully,
Will McManus

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From: Christopher Luxon (MIN)
Christopher Luxon

Kia ora Will,

Thank you for your email of 15th March 2024, in which you submitted an Official Information Act request as follows:

show quoted sections

"Our advice is that we're going to get downward pressure on rents, because essentially, the costs are not being passed through to renters."

https://urldefense.com/v3/__https://www....

I would please like to request a copy of any and all advice which the Prime Minister was referencing in this statement.

Your request is being considered in accordance with the Act, and you can expect a response by 16th April 2024 (date determined by the OIA calculator).

Ngā mihi nui

Sonya Ford
Correspondence Lead Advisor | Office of Rt Hon Christopher Luxon
Prime Minister
Minister for National Security and Intelligence
Minister Responsible for Ministerial Services

Private Bag 18041, Parliament Buildings, Wellington 6160, New Zealand

show quoted sections

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From: Sarah Boyle


Attachment MOIA Reply PMO OIA 177 2023 24 OIA 2023 24 0676 McManus Advice received regarding PM s statement about interest deductibility Will McManus 4861187.1.docx
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