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10 Feb 2026 14:09
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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

    20 May 2022
    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.

    © 2026 Newstalk ZB, NZCity


     Other Business News
     10 Feb: The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers
     10 Feb: It's hoped a pay dispute between Air New Zealand cabin crew and their employer is resolved soon
     10 Feb: People are being urged to buy local tinned fruit, as imports from overseas flood the market
     10 Feb: The former Air New Zealand boss says his time at the airline made him a better leader, as he moves into a new role abroad
     09 Feb: Almost 10-thousand Air New Zealand customers have had their travel plans ruined by upcoming strike action this week
     09 Feb: The Energy Minister says progress will be swift on a new gas-importing facility
     09 Feb: Five simple steps to saving cash (while still having a life)
     Top Stories

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    A thumbs up from Crusaders flanker Ethan Blackadder ahead of their Super Rugby title defence, starting Friday against the Highlanders in Dunedin More...

    BUSINESS BUSINESS
    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers More...


     Today's News

    		 Entertainment:
    Rebecca Ferguson has given a rare insight into welcoming her first child at 23, with a man 22 years her senior 13:51

     Law and Order:
    Auckland police have caught a motorcyclist with nearly twice the legal breath alcohol limit early this morning 13:47

     Politics:
    As a flurry of National MPs claim levies are not taxes, NZ First's leader is openly disagreeing 13:27

     Entertainment:
    Whoopi Goldberg is "not cut out to be in a relationship" 13:21

     General:
    Lindsey Vonn set for multiple surgeries but denies torn ACL contributed to Winter Olympic crash 13:07

     Business:
    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers 13:07

     Entertainment:
    Jennie Garth is "bummed" about losing out on a role in White Lotus 12:51

     Law and Order:
    A person's critically hurt after falling several floors at Christchurch's central city Turanga library building about 11am 12:37

     Law and Order:
    A WorkSafe inspector's again heading to Auckland's Mount Albert Aquatic Centre - after another hydroslide injury 12:27

     Entertainment:
    Joe Manganiello and Caitlin O'Connor left Los Angeles due to "crime" 12:21

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