Rt Hon JACINDA ARDERN: I refer back to the National Party's references at the time. I believe John Key said that a capital gains tax would be applied to a property no matter when it is sold, after how long it is sold for, and so on. I would also add capital gains taxes, as they have been proposed in this country, have been comprehensive. They include small businesses and the like. Finally, what I'd also add is that they certainly don't have the level of exemptions that we have, including around new builds. 