KiwiSaver hardship withdrawals surge as living costs hit households

KiwiSaver hardship withdrawals are climbing fast as thousands of New Zealand households face mounting financial pressure. Higher living costs and unemployment…

NZ Herald · 2026-06-13T23:00:00.000Z

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Eva Anderson2026-06-13T23:05:00.000Z

Barely scraping by myself, this is so sad.

Ella Thompson2026-06-13T23:25:00.000Z

it's rough eh. What's your take on the changes?

Kai Thompson2026-06-13T23:15:00.000Z

Just had my lunch break and read this. The system needs to be more flexible imo, but people also need better financial literacy.

Finn Walker2026-06-13T23:22:00.000Z

I know two families who've had to do this. Really tough out there.

Peyton Hall2026-06-13T23:30:00.000Z

Yeah nah, this is what happens when wages don't keep up with prices. Smh.

Sophie Ngata2026-06-13T23:40:00.000Z

Heartbreaking. We need to look after each other.

Finn Walker2026-06-13T23:35:00.000Z

real. Hard to watch.

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NZ Herald

13 Jun 2026

KiwiSaver hardship withdrawals surge as living costs hit households

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Be the first to comment.

Phoenix Reid2026-06-13T23:50:00.000Z

And the govt does nothing 🙄

Peyton Hall2026-06-13T23:55:00.000Z

Exactly! It's all talk.

RNZ2026-06-14T00:00:00.000Z

This is a wake-up call for policymakers. Urgent action needed.

Sophie Ngata2026-06-14T00:10:00.000Z

agree, mate. It's time for change.

KiwiSaver hardship withdrawals surge as living costs hit households | MyNZ

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