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Takapuna office closure | Takapuna office closure. The Takapuna office is relocating to a new address so will be closed from 22 November 4pm to 26 November 4pm. From 27 November you can find the new office at: 74 Taharoto Road Smales Farm, One NZ Building, Takapuna.

Some services unavailable 23 - 24 November | myIR, gateway services and our self-service phone line will not be available from 3pm Saturday 23 November to 9am Sunday 24 November while we do planned system testing. This will not affect any tax entitlements or payments scheduled during this time.

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Tax statistics

All current KiwiSaver data, including monthly data, is available in Excel downloads located on the Datasets for KiwiSaver statistics page. Annual data is due to be uploaded by 30 September.

Datasets for KiwiSaver statistics

Amount of withdrawals from KiwiSaver funds by withdrawal reason each month

This graph shows the dollar amount of KiwiSaver funds withdrawn, for the purposes of first home purchase or financial hardship, over the past 12 months.

Graph showing savings suspensions as per figures below. 

In October 2024:

  • $204.8 million has been withdrawn for first home purchase or financial hardship, up from $126.2 million in October 2023 

Of this amount:

  • $38.4 million was attributable to financial hardship, up from $21.5 million in October 2023
  • $166.4 million was attributable to first home purchase, up from $104.7 million in October 2023 

Notes:

  • Figures are what has been provided by Scheme Providers to Inland Revenue and may not be 100% of all funds withdrawn.
  • These figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.
  • Members can withdraw funds under both categories within the same period.
  • Data for each month is at a point in time and does not reflect any subsequent reversals or late approvals.

Amount of KiwiSaver funds withdrawn, by withdrawal reason as at 30 June

This graph shows the amount of KiwiSaver funds withdrawn by reason as at 30 June 2024.

This graph has 11 clustered vertical bars showing funds withdrawn for either the purposes of first home purchase, or financial hardship. The vertical axis shows the dollar amount of KiwiSaver funds withdrawn. The horizontal axis represents data from June 2013 to June 2023.

As at June 2024:

  • $1.67 billion has been withdrawn for the purposes of first home purchase or financial hardship, up from $189.3 million in the 2014 financial year

Of this amount:

  • $300.5 million was attributable to financial hardship, up from $30.4 million in the 2014 financial year
  • $1.37 billion was attributable to first home purchase, up from $159.0 million in the 2014 financial year.

Notes:

  • Figures represent the total withdrawn during the year.
  • Figures have been provided by scheme providers to Inland Revenue and may not be 100% of all of these type of fund withdrawals.
  • These figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.
  • Data from 2020 onwards was updated in 2024.
  • From April 2020 KiwiSaver information is reported from a new system.
Last updated: 19 Nov 2024
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