NZ slips in world wealth rankings
Falling equity and property markets and a higher $US saw a dip in 2022 wealth, says UBS Credit Suisse.
The wealth of New Zealanders has fallen and there are fewer millionaires, but income distribution is more even.
These were some of the data points in the 2023 UBS Credit Suisse Wealth Report released this week, which also showed that – in terms of median wealth – New Zealand’s position on the
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