The Labour Government's Initiatives for First-Home Buyers w/ Kiwibank and First Home Buyers Club: March 23, 2021

Today the government announced a number of housing measures aimed at helping first-home buyers get on the property ladder. Some of these include, increasing the income cap for first home grants, expanding the rules around who can access 5% deposits and a $3.8 billion injection into the country's housing supply. 

News and Editorial Director Jemima Huston speaks to Jarrod Kerr, the Chief Economist at Kiwibank, about what impact the government expects these measures to have and whether they will make a difference to New Zealand's exorbitant housing market.

Jemima then talks to Lesley Harris, Director and Representative of the First Home Buyers Club about the hurdles that exist for first-home buyers and whether the government's new policies will effectively mitigate them.