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Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more: Beehive.govt.nz

All current KiwiSaver data, including monthly data, is available in Excel downloads located on the Datasets for KiwiSaver statistics page. Annual data is due to be uploaded by 30 September.

Datasets for KiwiSaver statistics

Amount of withdrawals from KiwiSaver funds by withdrawal reason each month

This graph shows the dollar amount of KiwiSaver funds withdrawn, for the purposes of first home purchase or financial hardship, over the past 12 months.

graph showing dollar amounts withdrawn from kiwisaver for first home or financial hardship

This graph has 13 clustered vertical bars showing funds withdrawn for either the purposes of first home purchase or financial hardship. The vertical axis shows the dollar amount of KiwiSaver funds withdrawn. The horizontal axis represents data from the past 12 months.

Notes:

  • Figures are what has been provided by Scheme Providers to Inland Revenue and may not be 100% of all funds withdrawn.
  • These figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.

In February 2024:

  • 132 million has been withdrawn for first home purchase or financial hardship, up from 76.9 million in February 2023
  • 26.4 million was attributable to financial hardship, up from 13.6 million in February 2023
  • 105.5 million was attributable to first home purchase, up from 63.3 million in February 2023.

Amount of KiwiSaver funds withdrawn, by withdrawal reason as at 30 June

This graph shows the amount of KiwiSaver funds withdrawn by reason as at 30 June.

This graph has 11 clustered vertical bars showing funds withdrawn for either the purposes of first home purchase, or financial hardship. The vertical axis shows the dollar amount of KiwiSaver funds withdrawn. The horizontal axis represents data from June 2013 to June 2023. 

This graph has 11 clustered vertical bars showing funds withdrawn for either the purposes of first home purchase, or financial hardship. The vertical axis shows the dollar amount of KiwiSaver funds withdrawn. The horizontal axis represents data from June 2013 to June 2023.

Notes:

  • Figures have been provided by scheme providers to Inland Revenue and may not be 100% of all of these type of fund withdrawals.
  • These figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.
  • Data from 2020 onwards was updated in 2023.
  • From April 2020 KiwiSaver information is reported from a new system.

As at June 2023:

  • $1.15 billion has been withdrawn for the purposes of first home purchase or financial hardship, up from $146.5 million in the 2013 financial year
  • $173.0 million was attributable to financial hardship, up from $23.1 million in the 2013 financial year
  • $974.7 million was attributable to first home purchase, up from $123.4 million in the 2013 financial year.
Last updated: 27 Mar 2024
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