Here's the detail in the housing package

Bright line test up to 10 yrs; Landlords' ability to claim interest for tax purposes to be phased out over 4 yrs; Price & income caps lifted for First Home Grants;New $3.8b infrastructure fund

(Updated below the tables)

The Government has detailed its long-awaited and hyped housing demand and supply package, but it was underwhelming as it appeared to add no new specified housing supply and gives landlords four years to adjust to the removal of interest as a taxable expense. There appears to be no increase in borrowing for Kāinga Ora to build b…