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2 Jan 2026 17:33
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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
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     01 Jan: Major electricity companies are taking a big step today, towards protecting national energy security
     01 Jan: Hopes the new vocational education model kicking in from today will put industry in the driver's seat
     01 Jan: New agreements take effect today - for a strategic coal reserve stockpile at Huntly Power Station
     31 Dec: A gang of thieves has made off with tens of millions of euros - after drilling into a German bank vault in a daring holiday heist
     31 Dec: Recognition for the lawyer behind class action against two major banks
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    BUSINESS BUSINESS
    Fire and Emergency received 15 calls between 12pm and one - as crews took strike action More...


     Today's News

    		 Soccer:
    Embattled Wellington Phoenix coach Giancarlo Italiano is expecting his players to fire up this weekend 17:27

     Cricket:
    Auckland are on the board in the women's T20 Super Smash, beating Wellington by five wickets at Eden Park outer oval 17:17

     Accident and Emergency:
    A teenager stuck in strong waters around New Plymouth has safely made it back to shore 15:27

     Soccer:
    Strasbourg manager Liam Rosenior is the favourite to take over as the new manager of English Premier League club Chelsea 14:56

     Environment:
    Severe weather's expected to batter Northland and Auckland until the evening 14:46

     Cricket:
    Usman Khawaja has sent a parting message to the media ahead of his retirement from international cricket 14:26

     International:
    Crans-Montana ski resort fire survivors say they were 'trapped' as Australian confirmed as being among injured 14:16

     Business:
    Fire and Emergency received 15 calls between 12pm and one - as crews took strike action 14:06

     Motoring:
    Kiwi pop band Drax Project started off 2026 with a car crash, in the Coromandel 13:46

     International:
    As Zohran Mamdani becomes New York's mayor, what are his chances of success? 13:06

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