This budget does nothing to address New Zealand’s acute housing crisis, says Labour Leader David Cunliffe.
“There is nothing here for first home buyers.
“Nothing to build a single new home.
“Nothing to make rentals warm and dry.
“Nothing to stop offshore speculators driving up prices.
“Kiwi first-home buyers could get a better deal from their mortgage broker than the paltry $3500 the Government is offering.
“Removing tariffs on wallboard to offset building costs will not even make a dent in the price of a house in Auckland.