jul 12, 1994 - Papakainga Loan Scheme - deposit reduced

Description:

The deposit dropped from 20% to 15% in an attempt to encourage more loans

Source: https://books.google.co.nz/books?id=Ww5gWdeKKsUC&pg=PA254&lpg=PA254&dq=Papakainga+scheme+was+introduced+by+the+Fourth+Labour+Government&source=bl&ots=Ni0305Qn74&sig=ACfU3U1cFCmwtLYZIj8zZoyTbZOc3wyw7w&hl=en&sa=X&ved=2ahUKEwjcpIjNvu_kAhWSV30KHSrrDn8Q6AEwDXoECAkQAQ#v=onepage&q=Papakainga%20scheme%20was%20introduced%20by%20the%20Fourth%20Labour%20Government&f=false