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National’s Big Move on First Home Loans | Auckland News
National’s pushing a bold housing plan to help more Kiwis buy their first home, proposing to raise the income cap from $95k (single) and $150k (couple) to a whopping $300k — opening doors for junior doctors, electricians, teachers, and young couples earning decent salaries but still stuck saving for a 20% deposit. With over 33,000 households already using the First Home Loan scheme since 2003 and nearly 7,800 approvals in just 10 months, this move could unlock a major chunk of the housing market — especially as first-home buyers now make up nearly 30% of all property sales, the highest in…
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