12 Mar 2020

Covid-19: First-home buyers brace for impact on Kiwisaver funds

From Morning Report, 8:16 am on 12 March 2020

First Home buyers, who are relying on their Kiwisaver funds to get into a home, are dreading the extent of the damage Covid-19 will have on their nest egg.

After three years in the scheme Kiwisaver funds can be withdrawn to help people buy a first home.

With sharemarkets around the world are taking a battering because of Covid-19, people are finding that boost to their deposit isn't quite as healthy as they once thought it was.

Rachel Graham has more.

Read more here.