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The first-home buyers who cannot access their super savings - Vimarsana News

The first-home buyers who cannot access their super savings

SUPPLIED Jade Rihari and Zain Elliott have petitioned Parliament appealling for an end to unfair rules preventing Kiwis returning from Australia being able to tap their super savings for a deposit on a first home. Returning Kiwis say they're prevented from using their super savings to buy a first home by the Government’s failure to negotiate a new pensions transfer treaty with Australia. While people have been able to withdraw money from KiwiSaver to help buy their first home for well over a decade, Australia only followed suit with its super schemes in 2017. But when Australia made the m...