The Budget may also target property investors, adding to the loopholes it closed last year, when it curbed depreciation that can be claimed on buildings.
That change, which came into effect on April 1, is expected to generate about $685m in government revenue in the 2011-12 year, rising to $690m in 2013-14.
"It's an area that might get a look in this time - there still are losses in real estate and I don't know if they have hit that on the head," said David Patterson, a consultant at Chapman Tripp.
"It's that type of activity that has not yet been addressed."
Mr Patterson said tackling loopholes in property investment may result in less political fallout for the National Party than further hikes on tobacco, where the excise was increased by 20% over the past year.
That change, which came into effect on April 1, is expected to generate about $685m in government revenue in the 2011-12 year, rising to $690m in 2013-14.
"It's an area that might get a look in this time - there still are losses in real estate and I don't know if they have hit that on the head," said David Patterson, a consultant at Chapman Tripp.
"It's that type of activity that has not yet been addressed."
Mr Patterson said tackling loopholes in property investment may result in less political fallout for the National Party than further hikes on tobacco, where the excise was increased by 20% over the past year.
as well.
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