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Full video: National makes election policy announcement

By 1News Reporters
10:03am

National leader Christopher Luxon was expected to speak to media from Auckland's Hunua at 10am. Source: 1News (Source: Other)

National has unveiled a new election policy aimed at making it easier for first-home buyers to purchase a property with a 5% deposit.

If re-elected, the party would lift the income cap for the government's First Home Loan scheme to $300,000.

National leader Christopher Luxon and the party's housing spokesperson Chris Bishop unveiled the policy in Auckland today.

Watch the full video above.

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