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27 Jun 2022 4:46
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  •   Home > News > Business

    Time will tell how many people will actually benefit from changes to help first home buyers

    Time will tell how many people will actually benefit from changes to help first home buyers


    House price caps for the First Home Grant have been lifted in many parts of the country, while the caps for the First Home Loans scheme will be removed entirely.

    First Home Buyers' Club Director Lesley Harris says the bank's criteria is key.

    She says they're stress-testing people at a much higher rate, and interest rates are climbing up, there are no guarantees that just because these things are available that people will be able to get the lending.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    International:
    Before Roe v Wade fell, Gerri Santoro's death galvanised America's abortion movement. This is her story 4:29

    Accident and Emergency:
    A serious crash is causing major traffic delays on State Highway 29A near Mount Maunganui 21:49

    Health & Safety:
    12 people are in hospital because of powdered fentanyl, which has been found for the first time in New Zealand 21:19

    International:
    Josh Green's incredible rise from Sydney's suburbs to the Dallas Mavericks shows no signs of slowing down 19:29

    Law and Order:
    Christchurch Police are promising a wide investigation after the shock murder of a woman walking home from work 18:59

    Rugby:
    The undefeated Black Ferns Ma won the women's Oceania rugby sevens title with a 26-5 win over Australia in Pukekohe 18:49

    Rugby League:
    Perth-based rugby league fans are set to get a rare taste of State of Origin tonight in game two 18:39

    Accident and Emergency:
    Police say the search for a swimmer missing at the South Island's Maruia falls will continue next week 18:09

    International:
    Disaster relief fund helps veterans access mental health support 17:59

    Cricket:
    The duel continues for New Zealand and England in their three-test cricket series with two days to play in the final dead-rubber match at Headingley 17:29


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