> ## Content Index
> Fetch the complete content index at: https://goodoil.news/llms.txt
> Use this file to discover other available public pages before exploring further.

# Face of the Day
- URL: https://goodoil.news/face-of-the-day-1326/
- Published: 2025-10-30T17:30:41.000Z
- Updated: 2025-10-30T17:30:40.000Z
- Description: Speaking from South Korea at the ASEAN summit, Luxon said comments about his finances were a political diversion. “I’m aware that they’ve had a pretty rough week, with the capital gains tax – the policy that’s their fourth failure I think in the last two weeks.”
- Author: Good Oil Staff
- Tags: Face of the Day, NZ Politics

> The prime minister has fired back at Chris Hipkins over what he says was an attack on his personal finances.  
>  
> Labour leader Chris Hipkins criticised Christopher Luxon on Wednesday [for making hundreds of thousands of dollars](https://www.rnz.co.nz/news/political/577207/bring-it-on-hipkins-targets-luxon-in-capital-gains-tax-debate?ref=goodoil.news) – tax-free – in recent property sales.  
>  
> “Why should he be able to make more than $600,000 in one year from flipping properties whilst the people who go out and work hard every day for a living pay tax on every single dollar that they earn?”  
>  
> The Labour Party [announced on Tuesday it would campaign on a capital gains tax on property](https://www.rnz.co.nz/news/political/577021/labour-to-campaign-on-narrow-capital-gains-tax-no-wealth-tax?ref=goodoil.news), excluding the family home and farms, at a rate of 28 percent from 1 July, 2027.  
>  
> Speaking from South Korea at the ASEAN summit, Luxon said comments about his finances were a political diversion.  
>  
> “I’m aware that they’ve had a pretty rough week, with the capital gains tax – the policy that’s their fourth failure I think in the last two weeks.  
>  
> “I don’t attack his personal finances; I wouldn’t expect him to attack mine.”  
>  
> RNZ

[Read More](https://www.rnz.co.nz/news/political/577272/luxon-fires-back-at-hipkins-for-attack-on-his-finances?ref=goodoil.news)