Dr DEBORAH RUSSELL (Parliamentary Under-Secretary to the Minister of Revenue) on behalf of the Minister of Revenue: Labour's housing plan will incentivise investment in new-build homes, driving development and ensuring more houses are being built. This means that if someone invests in a new-build property, they'll be exempt from changes to the brightline test and interest deductibility policy. This will make investing in new builds a more attractive option for investors and drive demand for new houses, which will help ease the pressure on first-home buyers and, ultimately, help build more houses. 