News | Business
10 Jun 2025 17:19
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Fallout from the cost of living crisis, with record high KiwiSaver hardship withdrawals

    Fallout from the cost of living crisis, with record high KiwiSaver hardship withdrawals


    Inland Revenue figures show more than 44-thousand people withdrew money in the 10 months from last July to this April.

    For the entire past financial year - about 32-thousand withdrew for hardship.

    Public Trust General Corporate Trustee Services Manager, David Callanan, says unemployment is at its highest since in the middle of covid.

    He says there's also the highest level in eight years, of people unable to pay their mortgage.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     10 Jun: No surprises over falling home values in Auckland Council valuations released today
     10 Jun: A Taupo businessman's heading to trial - charged with rape and trying to bribe his alleged victim
     10 Jun: A boom in the purchasing of businesses is largely being driven by migrants
     10 Jun: Positive signs for Central Otago's horticulture and viticulture sectors
     09 Jun: Jailed businessman Aaron Coupe's been sentenced to another three years and nine months behind bars - for deception
     09 Jun: Briscoe Group has taken The Warehouse Group's place on the NZX 50 - -- the New Zealand stock exchange's benchmark index
     09 Jun: The Reserve Bank has again delayed revelations over its former Governor's departure
     Top Stories

    RUGBY RUGBY
    Former Rugby Australia boss Hamish McLennan has floated the prospect of one of rugby's highest profile administrators taking on the New Zealand Rugby CEO job More...

    BUSINESS BUSINESS
    No surprises over falling home values in Auckland Council valuations released today More...


     Today's News

    		 Entertainment:
    Kevin Smith passed on the opportunity to direct Good Will Hunting 17:05

     Law and Order:
    What are rubber bullets? What other crowd control methods are used in the LA ICE protests? 16:56

     Law and Order:
    A Christchurch murder victim's daughter says her mother's killer misquoted her in court 16:56

     Rugby:
    Former Rugby Australia boss Hamish McLennan has floated the prospect of one of rugby's highest profile administrators taking on the New Zealand Rugby CEO job 16:46

     Entertainment:
    'An incredible night': Australian costume designer Marg Horwell on her 'surreal' Tony Award win 16:46

     Business:
    No surprises over falling home values in Auckland Council valuations released today 16:36

     Entertainment:
    Zawe Ashton is expecting her second child with fiancé Tom Hiddleston 16:35

     Rugby:
    Former All Blacks midfielder Ngani Laumape believes Moana Pasifika can win Super Rugby while he's there 16:26

     Rugby League:
    Shaun Johnson is feeling the love as a retired rugby league player turned media pundit 16:16

     Entertainment:
    Iman has marked what would have been her 33rd wedding anniversary with David Bowie 16:05

     News Search




    Power Search

    © 2025 New Zealand City Ltd