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Budget 2022: The Government has announced Budget 2022, which includes changes to child support payments. Find out more on our Tax Policy website

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Tax statistics

Amount of withdrawals from KiwiSaver funds by withdrawal reason each month

This graph has shows the $ amount of KiwiSaver funds withdrawn, for the purposes of first home purchase or financial hardship.

In March 2022:

  • $112.8 million has been withdrawn for first home purchase or financial hardship, down from $171.4 million in March 2021
  • $10.7 million was attributable to financial hardship, down from $12.4 million in March 2021
  • $102.1 million was attributable to first home purchase, down from $159 million in March 2021

Amount of withdrawals from KiwiSaver funds by withdrawal reason each financial year

This graph has 10 clustered vertical bars. The vertical axis shows the $ amount of KiwiSaver funds withdrawn, for the purposes of first home purchase or financial hardship. The horizontal axis represents data from June 2012 to June 2021.

 

In June 2021:

  • $ 1,740 million has been withdrawn for the purposes of first home purchase or financial hardship, up from $86 million in the 2012 financial year
  • $ 145 million was attributable to financial hardship, up from 23 million in the 2012 financial year
  • $ 1,596 million was attributable to first home purchase, up from 63 million in the 2012 financial year.
Last updated: 01 Jul 2021
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