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NZ First on Housing

Build more homes, cut rents, help owners and seniors

NZ First says it will get more private homes built for renters by letting landlords deduct mortgage interest costs from their taxes again. It wants to let KiwiSaver members use their savings above a certain level to pay down their mortgage. It also plans to develop a housing plan specifically for older New Zealanders who are renting, and says it will work to increase the Accommodation Supplement for SuperGold card holders.

What they say they'll do

  • Reinstate interest tax deductibility for landlords to encourage more rental homes to be built
  • Evaluate allowing KiwiSaver members to use savings above a set level to pay down their mortgage
  • Develop a Seniors Housing plan for older New Zealanders in rental accommodation
  • Work to increase the Accommodation Supplement for SuperGold card holders
  • Absorb the Ministry of Housing and Urban Development into a new Ministry for Infrastructure

Who this affects

Renters
NZ First says reinstating interest tax deductibility for landlords is intended to increase the number of private homes available for renters.
KiwiSaver members with a mortgage
NZ First would evaluate whether people with KiwiSaver savings above a certain level could apply those extra savings to reduce their mortgage.
Older renters (seniors)
NZ First plans to develop a dedicated housing plan and work to increase the Accommodation Supplement for seniors who are renting and relying on that support.

In their own words

NZ First will get more private homes built for renters by reinstating interest tax deductibility.
NZ First will evaluate the utility of the Singaporean model where at a certain level of savings kiwis can apply savings above that level to downsizing their mortgage.
Develop a Seniors Housing plan to address the increasing number of Seniors in rental accommodation and requiring Accommodation Supplement support
Verify at NZ First — official policy page

Summarised neutrally from NZ First’s own official policy (as at 2026-06-22) and checked by an editor — never paraphrased without the source linked, and never an endorsement. Read the original ↗ Arapono is non-partisan. Compare all parties on Housing

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