Cash is not always king
ANALYSIS: Are Kiwis using their cash investments wisely or are there better alternatives?
Kiwi households have almost $250 billion sitting in their bank accounts.
Liam Donnelly
Tue, 18 Jun 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Kiwi households have almost $250 billion sitting in their bank accounts – that’s more than double all of the assets in KiwiSaver. By any measure, that’s a pretty large number.
Of that $250b, ~15% is in transactional accounts that will likely be earning zero or near-zero interest; ~30% is in
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Liam Donnelly
Tue, 18 Jun 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
