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flag New Zealand saw a record $48.9 million in KiwiSaver hardship withdrawals in September 2025 due to rising living costs.

flag In September 2025, New Zealand saw a record $48.9 million in KiwiSaver hardship withdrawals, with 5,530 people accessing funds amid rising cost-of-living pressures. flag The surge highlights growing financial strain, prompting concerns over fraud and duplicate claims. flag Authorities are monitoring the trend closely as reliance on the safety net increases.

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