Former homeowners using KiwiSaver funds too

Former homeowners using KiwiSaver funds too
Brent Melville
Former homeowners are tapping into their KiwiSaver nest eggs as fast as first-home buyers as fear of missing out on spiralling house prices takes root.KiwiSaver providers report a surge in enquiries from both first-home buyers and former property owners alike, with the latter scrambling to get back onto the property ladder after being out of the housing market due to business, investment or other reasons.According to Inland Revenue Department data, there were a record 5,007 withdrawals in September, amounting to $137.4 million for the purposes...

More Policy

What the budget will mean for inflation battle
Finance

Cameron Bagrie: What the budget will mean for inflation battle

A few boxes are yet to be ticked before the government can relax. 

Government to bring in experts for transport revenue advice
Policy

Government to bring in experts for transport revenue advice

Decisions have to be made to increase the amount of money raised for the roads.

Dear valuable foreign students: pay up then bugger off home
Economy Education

Dear valuable foreign students: pay up then bugger off home

Wary western governments are changing the rules on international fee-payers.

Bloomberg 25 May 2024
Coalition wants to double mining revenue within a decade
Primary Sector

Coalition wants to double mining revenue within a decade

The reform push includes clarifying where operations can take place on conservation land.

Ian Llewellyn 23 May 2024