First Home Grant scrapped while First Home Loan scheme remains

Written By Kim Manunui

The Government has this week announced scrapping of the Kainga Ora ( KO ) First Home Buyer ( FHB ) grant effective immediately while keeping the first home loan scheme which allows first home buyers to purchase a home with a 5% deposit instead of the normal 20%, under significant concerns about KO’s financial performance and governance.

The Government housing agency Kainga Ora, is the country’s biggest landlord owning more than 70,000 homes with assets of $45billion and $2.5billion annual expenses.

The first home grant offered qualifying First Home Buyers $5000 toward an existing or $10,000 toward a new home.

The announcement was in response to a review of the organisation as part of the Coalitions 100 day plan.

Kim Manunui

Hi, I’m Kim and I work with a great team to help individuals, as well as small and not so small businesses get their message, product and services to the world using digital media and creating wonderful websites that don’t cost the earth.

I was born in Canada, and grew up around Vancouver and the mountains of British Columbia. My love of pristine environments led me to New Zealand and eventually to the mountains, lakes and rivers of the central North Island which is home. My family’s heritage is here, and it’s from here that Korio traverses the planet.

The digital world is never static and neither are we.

And I say ‘we’ because I work with an awesome group of talented people who I gather together as required to complete a project.  Whatever your business, not-for-profit or individual needs are we gather the best team to get the job done.

Collaboratively we are creative, share sustainable values and work hard for great outcomes because that’s the buzz of satisfaction that drives us.

If you have an audience and market to reach, we can make that happen. Creative design, words that work and smart behind the scenes stuff that cuts through the online noise. We’ll design your website and then build it. We’ll manage the content as well as all your hosting needs. We can handle your online advertising so you get noticed,
and we’ll manage your social media presence so you get the clicks, likes and engagement to grow your business. All within the budget you set, because none of this needs to cost the earth.  And the job doesn’t stop when your website goes live. We are your virtual business partner.

https://www.korio.co.nz
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