NZ Debt Crisis: Why Half A Million Kiwis Are Behind On Bills | Episode 352
Debt stress is rising across New Zealand and it’s not just mortgages. Over 485,000 Kiwis are behind on bills, with short-term debt spiking and KiwiSaver hardship withdrawals soaring. We unpack what’s driving the pressure: rising living costs, stagnant wages, and an economy that’s leaving more households at breaking point.
Next Steps:If you're unsure how to manage your mortgage in this environment, talk to Lighthouse Mortgages - whether you're refixing, refinancing, or just need a second opinion, the team can help you make a smarter move.
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The skinny
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