There are suggestions the Government's new housing policies ignore a fundamental problem for first home buyers.

Cabinet's putting up nearly $4 billion for new housing infrastructure.

It's also made first home grants and loans more accessible, by raising income and house price caps.

But mortgage broker Sue Tierney told Heather du Plessis-Allan those buyers still need loans.

"To get a loan, you've got to get improved by the bank and you've got to meet government criteria, which is the Responsible Lending Code. 

"This package has done absolutely nothing to assist people over the line."

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