Plenty of ways to spin the Government's tweaks to its rent-to-buy scheme.

Changes to the Progressive Home Ownership programme will allow eligible people to buy existing homes, instead of just new-builds.

The income cap is also rising from $130,000 to %150,000.

AUT construction expert John Tookey told Kate Hawkesby that if you're in power you say it's a marvellous scheme that's done well and being expanded.

He says if you were in Opposition, you'd say it's been a disastrous scheme that's not doing well so you have to spin it out.

Tookey says the other view is to say you don't have much faith in new-builds and we're going to see a drop off.

LISTEN ABOVE

Plenty of ways to spin the Government's tweaks to its rent-to-buy scheme.
Changes to the Progressive Home Ownership programme will allow eligible people to buy existing homes, instead of just new-builds.
The income cap is also rising from $130,000 to %150,000.
AUT construction expert John Tookey told Kate Hawkesby that if you're in power you say it's a marvellous scheme that's done well and being expanded.
He says if you were in Opposition, you'd say it's been a disastrous scheme that's not doing well so you have to spin it out.
Tookey says the other view is to say you don't have much faith in new-builds and we're going to see a drop off.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.