First Home Buyers get a further boost with KiwiSaver

Some positive changes for those who are using KiwiSaver to purchase their first home. Both the income and house price caps have increased. Income from $80,000 to $85,000 for a single person and $120,000 to $130,000 for a couple.

House price caps will increase by $50,000 from the existing $350,000, $450,000 and $550,000 depending on region and $450,000, $550,000 and $650,000 for a new home.

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