Shane Jones

We're never ever going to do that.

We're not going to move people around.

What I'm seeing is that first-home buyers are really keen to get onto the ladder right now because they see that house prices have fallen.

They think, OK, that's a bit cheaper than it was a couple of years ago.

Incomes have increased faster than house prices since 2020.

Can you help me get on the ladder?

Well, the main thing I see is that mum and dad have a house.

They've paid off the mortgage.

It's gone up in value.

They might not have much cash that they have saved up that they can hand over to little Sammy and little Jimmy for their first home.

And so what they'll often do is go to the bank, get a loan against their house, a top-up mortgage,

and pass that across to the kids to use as the deposit.

If you can afford to buy a house, well, there's no news story there.

So it doesn't necessarily get reported.

But this is certainly very good numbers.

And first home buyers should be very happy.

They're taking advantage of the fact that house prices, especially in

Oh look I think it's pretty clear that the preparations are going well for the Kiwis and the Kiwifins and they're looking in great shape and there's a fantastic team at New Zealand Rugby League so I think it's a great opportunity to come in when the world's eyes will be on the international game.

Look, I was in New Zealand Rugby League when I was working on the World Cup about 10 years ago.

And I have to say, under Greg Peters' leadership, the sport's gone from strength to strength.