A record portion of new bank lending to first-home buyers is going to those with small deposits. More than half of the $1.1 billion lent to first-home buyers in January went to borrowers with deposits of less than 20 percent, according to the latest Reserve Bank figures. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVE

Source: New Zealand Herald March 04, 2026 13:51 UTC