Free Money from Labour - Yeah Right

New Zealand's best looking blogger points out Labour's deposit assistance scheme is not as generous as it first appears. (and how Labour want you to think it appears.) See here.

UPDATE: Chaucey's done some more work on this - see here.

UPDATE II: If you read this NZ Herald article you get all fluffy nice things about Labour's policy to help first home buyers. The summary of policy by party at the end is very different from the reality.