Nicola Willis: Finance Minister discusses making KiwiSaver easier to access for rural workers
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
A barrier stopping rural workers from using KiwiSaver is being lifted.
Farm workers, rural teachers, police and defence staff have been unable to make first-home withdrawals, because they’re required to live in employer housing.
The Government’s now allowing them to use their savings, including towards buying a farm.
Finance Minister Nicola Willis told Ryan Bridge that these workers have been locked out of the KiwiSaver first-home withdrawal for too long.
She says if people are working hard to get ahead, where they live shouldn't exclude them from the property ladder.
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