KiwiSaver hardship withdrawals are at record highs
What's happening: Tens of thousands more New Zealanders are struggling under the cost of living crisis as KiwiSaver hardship withdrawals reach new highs. Both the number of Kiwis making withdrawals and the amount taken out have smashed last year’s figures in just 10 months. Inland Revenue data shows between July 2024 and April 2025, more than $389.4 million had been withdrawn from KiwiSaver for financial hardship reasons, up from $300.5m in the year to June 30, 2024. A total of 44,360 people had withdrawn money from KiwiSaver for hardship reasons, up from 32,480 in the previous financial year.
The response: David Verry, financial mentor at Auckland Central Budgeting and North Harbour Budgeting Services, said it was no surprise to see those figures. "Across the board we’re seeing increases in the number of people approaching us for KiwiSaver hardships," he said. "I’d have to say probably two out of three people that have approached me in recent times have been looking for KiwiSaver hardship withdrawals." Verry said some financial mentors have seen a doubling of those seeking withdrawals over the last two years. There were now people fronting up for their second round of hardships, he said.
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Dry cleaners mt Roskill
Hello our fellow neighbors I was hoping someone would know where the old dry cleaners we had up at the lights on dominion road have moved to?? I was out of town and when I came back they were gone .... I had some items that I would really love to get back but if only I new where they moved to or how to get In Touch with the owners to see what they did with our clothes if they closed down or moved elsewhere? Any updates or news about it would be amazing neighbors. Have a great day
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
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