Diminishing KiwiSaver balances tip up first home buyers

Trump’s tariff war hit KiwiSaver balances, affecting first-home buyers' deposits, reports goodreturns.co.nz. Key Mortgages notes increased pressure on buyers and urges shifting to conservative funds and seeking advice to avoid further deposit setbacks amid Trump’s tariff war.
April 29, 2025

Trump’s tariff war caused KiwiSaver balances to drop, affecting many first-home buyers' ability to meet deposit requirements, according to goodreturns.co.nz. Key Mortgages highlights the added pressure, while adviser Jeremy Andrews urges switching to conservative funds. Brokers recommend seeking advice to safeguard deposits amid market volatility and shifting property values.

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