Stitcher for Podcasts

Get the App Open App
Bummer! You're not a
Stitcher Premium subscriber yet.
Learn More
Start Free Trial
$4.99/Month after free trial
HELP

Show Info

Episode Info

Episode Info:

The growing number of New Zealanders who do not own their homes are in for a tough retirement. That's according to a study out of the University of Otago that argues for a revamp of NZ Super to better protect Kiwis who will still be paying a mortgage when they stop working. Data from the Commission for Financial Capability says that while today 70 per cent of people over 65 are mortgage-free, another 13 per cent are homeowners with some mortgage. But for those nearing retirement, the 55-64 year olds, only one third of them have paid off the mortgage. Another nearly one third of this generation don't own a home at all. And in the plight of a New Zealand nurse kidnapped by Isis, disagreement has broken out between our Government and the Red Cross.

Read more ยป

Discover more stories like this.

Like Stitcher On Facebook

EMBED

Show Info

Episode Options

Listen Whenever

Similar Episodes

Related Episodes