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Liam Dann: NZ Herald business editor at large on collective household net worth dropping $42.7 billion

EPISODE · Jul 6, 2023 · 4 MIN

Liam Dann: NZ Herald business editor at large on collective household net worth dropping $42.7 billion

from Best of Business · host Newstalk ZB

New Zealanders are getting less wealthy and saving less money, according to new Stats NZ data. The region's collective household net worth dropped $42.7 billion or 1.9 per cent, in the March 2023 quarter. The data shows the value of financial assets also fell, by $8.3 billion. NZ Herald business editor at large Liam Dann says falling house prices and reversing pandemic stimulus are the key factors. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Liam Dann: NZ Herald business editor at large on collective household net worth dropping $42.7 billion

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