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KiwiSaver Boom Shifts Parental Help | Auckland News
Record numbers are tapping KiwiSaver for first-home deposits, pulling out $2.2 billion last year—but parents are still stepping in, just not the way they used to. With soaring home prices, traditional co-signing is fading under new lending rules, forcing parents toward outright gifts or equity releases from their own homes. Banks are adapting too, often limiting guarantees to loan shortfalls. KiwiSaver helps, but housing costs mean parental support remains essential—and it’s evolving into cleaner, more direct financial handouts. Listen in comfort:Get a discount on a Soli Pillow…
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