KiwiSaver first-home withdrawals fall 15% year-on-year
July KiwiSaver first-home buyer withdrawals dropped 15 per cent compared to the same month last year.
KiwiSaver first-home buyer withdrawals fell significantly in July, down 15 per cent from a year earlier. The decline comes alongside other economic indicators including falling bank net interest margins, softer New Zealand dollar performance, and continued tracking of flu activity.
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What happened Tuesday
A review of things you need to know before you sign off on Tuesday; July KiwiSaver FHB withdrawals down -15% from a year ago, tractor buying low, bank NIMs fall again, tracking the flu jump, TSB sale challenge rejected, swaps…