Kiwibuild Mark II
adsense

PHOTO: The National leader called the housing package “Kiwibuild Mark II” and says it will make it harder for first-home buyers. Source: 1 NEWS

National leader Judith Collins says Kiwis can’t trust what the Government says as she savaged today’s housing package as an “announcement of more broken promises”.

Collins said the package, which commits $3.8 billion to increase housing supply along with a raft of other measures, will “in many cases make it harder for first-home buyers”.

“They have told New Zealanders there would be no capital gains tax, they have told New Zealanders there would be no increase to the bright-line test, they have lied on both counts,” Collins said of the Government.

“New Zealanders can’t trust what they’re told by the Government.

“They’ve taken the bright-line test and turned it into a full-scale capital gains tax.”

The package also makes more first home buyers eligible for grants and loans, as well as doubling the bright-line test.

“By removing interest deductions and doubling the bright-line test, fewer houses will be built, fewer houses will be available for rent, rents will increase, and more kids will grow up in motels,” she wrote on Twitter.

“We’ve already seen rents rise under three-and-a-half years of Labour governments. Those rents have gone by $120 a week,” Collins said at Parliament.

READ MORE VIA TVNZ