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An under-pressure Phil Twyford has hit back at reports people with access to up to $650,000 in deposit money for a KiwiBuild home should be exempt from the scheme.
He has also rejected any assertion that KiwiBuild buyers should be means-tested when it comes to their deposit – "we are not in the business of banning the bank of mum and dad".
Property Commentator Alistair Helm joins The One Roof Property Show on the Weekend Collective to discuss the issue.
LISTEN TO THE AUDIO ABOVE
An under-pressure Phil Twyford has hit back at reports people with access to up to $650,000 in deposit money for a KiwiBuild home should be exempt from the scheme. He has also rejected any assertion that KiwiBuild buyers should be means-tested when it comes to their deposit – "we are not in the business of banning the bank of mum and dad". Property Commentator Alistair Helm joins The One Roof Property Show on the Weekend Collective to discuss the issue. LISTEN TO THE AUDIO ABOVE read more read less

4 years ago