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Government allows rural workers to make first-home withdrawals with KiwiSaver

Author
Newstalk ZB,
Publish Date
Mon, 2 Mar 2026, 7:12am
Finance Minister Nicola Willis. Photo / Mark Mitchell
Finance Minister Nicola Willis. Photo / Mark Mitchell

Government allows rural workers to make first-home withdrawals with KiwiSaver

Author
Newstalk ZB,
Publish Date
Mon, 2 Mar 2026, 7:12am

A barrier stopping rural workers from using KiwiSaver is being lifted.

Farm workers, rural teachers, police and defence staff have been unable to make first-home withdrawals, because they’re required to live in employer housing.

The Government’s now allowing them to use their savings, including towards buying a farm.

Finance Minister Nicola Willis told Ryan Bridge that these workers have been locked out of the KiwiSaver first-home withdrawal for too long.

She says if people are working hard to get ahead, where they live shouldn't exclude them from the property ladder.

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