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

Minister's $200m tobacco tax cut bypasses Cabinet requirements
Policy

Minister's $200m tobacco tax cut bypasses Cabinet requirements

Researchers say there's more evidence to support the repealed Smokefree policies.

Jem Traylen 26 Jul 2024
Holidays Act: no vacation for taxpayers
Economy In-depth

Holidays Act: no vacation for taxpayers

Let's pay billions of dollars and get nothing new for it.

Nikitin Sallee 25 Jul 2024
Health's 'hard reset', help wanted busting red-tape, and more...
Policy Business of Government

Health's 'hard reset', help wanted busting red-tape, and more...

Our weekly roundup of public sector news and analysis.

Jem Traylen 24 Jul 2024