From today, the Government has increased the income and house price caps for the KiwiSaver Homestart Scheme.
This means the income cap for first home buyers will increase from $80,000 to $85,000 for a single person, and from $120,000 to $130,000 for a couple.
You can also access Kiwisaver for a $10,000 grant to buy your first home - and that grant rises to $20,000 if you're building.
However, if you're in Auckland you can't spend more than $650,000.
For other main centres the cap is at $550,000, and elsewhere in the country the home needs to be $450,000 or less.
Independent Economist Shamubeel Eaqub joined Paul Henry to discuss if we're in danger of subsidising people into homes they can't afford.
