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Beneficiaries spend 8 percent more than they receive each week - report

July 25, 2026

Financial mentors report a growing crisis among New Zealand beneficiaries, with escalating debt and reliance on KiwiSaver withdrawals for basic needs, urging government intervention and better debt regulation.

Financial mentors report a growing crisis among New Zealand beneficiaries, with escalating debt and reliance on KiwiSaver withdrawals for basic needs, urging government intervention and better debt regulation.

Source: rnz.co.nz

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