Articles tagged with Kiwisaver Annual Report

Showing 1 of 1 articles

Agriculture (121) Animal Welfare (1) Business (90) Culture (30) Defense (1) Economy (46) Education (173) Employment (75) Energy (98) Environment (197) Finance (96) Government (11) Health (433) Housing (9) Immigration (33) Infrastructure (16) Law (198) Mining (1) Politics (289) Real Estate (76) Safety (1) Science (26) Social Welfare (7) Sports (24) Tax (6) Technology (37) Tourism (22) Trade (24) Transport (235) Urban Development (1)

KiwiSaver Average Balance Hits $40,000 as Membership and Contributions Grow

09 Sep 2026 | 1 hour ago | 14 views

The average KiwiSaver balance has surpassed $40,000 for the first time, with total investments reaching $138.8 billion and strong growth in member contributions and new enrollments. Increased competition in the KiwiSaver market is evident, with 460,000 fund switches and $7.4 billion moved between providers last year, encouraging members to review and choose better options. Additionally, the government introduced a bill allowing workers in service tenancies to use KiwiSaver for home purchases, supporting first-home buyers and enhancing savings accessibility.

Tags: KiwiSaver Cameron Brewer Financial Markets Authority New Zealand Commerce and Consumer Affairs KiwiSaver Annual Report Government property ladder KiwiSaver (First Home or Farm) Amendment Bill first homes