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Home / Business / Companies / Construction

HomeStart PR offensive kicks off

Isaac Davison
By Isaac Davison
Senior Reporter, Health·NZ Herald·
15 Apr, 2015 05:35 AMQuick Read

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Limits for KiwiSaver HomeStart and Welcome Home loans would be $550,000 in Auckland. Photo / APN

Limits for KiwiSaver HomeStart and Welcome Home loans would be $550,000 in Auckland. Photo / APN

Building and Housing Minister Nick Smith begins a PR offensive tonight on the Government's new perks for first-home buyers.

Dr Smith will hold a public meeting in Henderson this evening, before taking his KiwiSaver HomeStart roadshow to Nelson and Christchurch later this week.

Up to 20 meetings across the country are planned to promote and explain the expansion of the KiwiSaver and Welcome Home Loan packages.

On April 1, Government doubled the HomeStart grants for first-home buyers and allowed greater withdrawals from KiwiSaver for people on modest incomes.

A couple buying a new build could now get a subsidy of up to $20,000 towards their deposit if the house was under a price cap. The cap is $550,000 in Auckland.

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