National proposes raising income cap for 5% first home loan scheme

Sunday 6 September 2026 · 4 outlets · 4 reports · updated Sun 6 Sep, 10:48am

In this story National Party, Chris Bishop, Kāinga Ora

The National Party has pledged to increase the income cap for the government's 5% deposit scheme to $300,000 for all applicants if re-elected. This policy aims to expand access for first-home buyers and increase New Zealand's home ownership rate.

How they headlined it

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1. Stuff via The PostSun 6 Sep, 10:00am

   National policy would open 5% deposit loan scheme to first home buyers on higher incomes (opens in new tab)

2. 1NewsSun 6 Sep, 10:30am

   National pledges to widen access to 5% first home deposits (opens in new tab)

3. Otago Daily TimesSun 6 Sep, 10:34am

   Nats promise wider access to low-deposit home loans if re-elected (opens in new tab)

4. NZ HeraldSun 6 Sep, 10:48am

   National pledges to make it easier for first-home buyers to get 5% deposits (opens in new tab)