Amount of withdrawals from KiwiSaver funds by withdrawal reason each month
This graph shows the dollar amount of KiwiSaver funds withdrawn for either:
- a first home purchase
- financial hardship.
In November 2020:
- $158.7 million has been withdrawn for first home purchases or financial hardship, up from $120 million in November 2019
- $14 million was attributable to financial hardship, up from $9.1 million in November 2019
- $144.7 million was attributable to first home purchases, up from $111 million in November 2019.
Amount of withdrawals from KiwiSaver funds by withdrawal reason each financial year
This graph shows the dollar amount of fund withdrawals each financial year for both first home and financial hardship withdrawals.
This graph has 10 clustered vertical bars. The vertical axis shows the dollar amount of KiwiSaver funds withdrawn, for the purposes of first home purchases or financial hardship. The horizontal axis represents data from June 2011 to June 2020.
In June 2020:
- $1,270 million has been withdrawn for the purposes of first home purchase or financial hardship, up from $36 million in the 2011 financial year
- $126 million was due to financial hardship, up from $17 million in the 2011 financial year
- $1,144 million was for first home purchases, up from $19 million in the 2011 financial year.
