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Golf Warehouse Chairman discusses letter to Green co-leader condemning wealth tax

Author
Newstalk ZB,
Publish Date
Fri, 6 Nov 2026, 6:37pm
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A New Zealand businessman says the Greens’ proposed wealth tax would “damage” the future of New Zealand.

The Green Party has proposed a 2.5% tax of net assets above $10 million.

Eric Faesenkloet, founder and chairperson of Golf Warehouse wrote an open letter to the Green Party, condemning their proposed tax. 

Faesenkloet joined Heather du Plessis-Allan to discuss his position, and why he decided to write the letter.

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