The Reserve Bank is being accused of adding pressure to an already stretched housing market.
It is offering to pump another $28 billion dollars into the economy over the next couple of years through cheap loans to banks.
The scheme is the latest move to alleviate the economic hit from the pandemic.
But the National Party says the new Funding for Lending Programme won't do anything to alleviate rapidly rising house prices.
National's new Treasury spokesperson Andrew Bayly speaks to Corin Dann.
