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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Business
3 mins to read

Household net worth continues to climb, savings down

New Stats NZ data confirms households rebounding from last year’s Covid woes.

Household net worth and spending are on a tear, but savings are down, according to new national accounts data released today by Stats NZ.

Rising asset prices – including property – meant household net worth rose by $118 billion or 5.5% in the March quarter of this year, to $2.3 trillion, and

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Daniel Riordan Thu, 22 Jul 2021
Contact the Writer: daniel@nbr.co.nz
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Household net worth continues to climb, savings down
Business,
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