News | Business
8 Dec 2021 19:10
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Young people have been New Zealand's best savers through lockdown

    Young people have been New Zealand's best savers through lockdown


    A survey of half a million ASB customers shows increasing average cash balances since lockdowns began in 2020.

    It's contributed to a six percent increase in overall financial wellbeing.

    ASB Chief Executive Vittoria Shortt says average cash balances of 18 to 24 year olds rose 600 dollars ... or nine percent ... in September.

    Across the same period. all other age groups had an average about five percent lift.

    © 2021 Newstalk ZB, NZCity

     Other Business News
     08 Dec: A Christchurch businessman who's admitted a raft of child sex abuse charges - will keep his name secret at least until February
     08 Dec: Another day with good news for dairy farmers
     08 Dec: Retailers look set to have a happy Christmas
     08 Dec: Suggestions price pressure in the housing market is shifting
     07 Dec: US financial regulators looking into Donald Trump's new social media venture
     07 Dec: A 30-year-old man's appearing at the Auckland District Court today, charged with stealing jewellery from Michael Hill at St Lukes on Saturday
     07 Dec: After 30 years, the IRD is farewelling its old computer system
     Top Stories

    RUGBY RUGBY
    A four-year commitment to New Zealand with Christchurch and Auckland to alternate as Sail GP host cities highlights an expansion announcement for season three of the event More...


    BUSINESS BUSINESS
    A Christchurch businessman who's admitted a raft of child sex abuse charges - will keep his name secret at least until February More...



     Today's News

    Entertainment:
    Joshua Malina has called for Hollywood to "cancel Mel Gibson" 19:02

    Accident and Emergency:
    Witnesses have described seeing people dive into Tauranga Harbour after a car involved in a three vehicle crash plunged into the water 18:53

    Rugby League:
    The Warriors have confirmed Tohu Harris as their captain for the 2022 NRL season 18:53

    Accident and Emergency:
    Emergency services are attending a vehicle in the water at Tauranga's Chapel Street bridge 18:33

    Entertainment:
    Katie Price knows her son Harvey is "extremely settled" at residential college because he has been "smashing" up his room 18:32

    International:
    Magnus Carlsen closes in on World Chess Championship win as blunder costs Ian Nepomniachtchi game nine 18:13

    Soccer:
    Liverpool and Ajax create Champions League history as group stage winds down 18:03

    Entertainment:
    The 2021 Kennedy Center Honors celebrated Joni Mitchell, Bette Midler, Berry Gordy and Lorne Michaels with Lifetime Achievement awards on Sunday night (05.12.21) 18:02

    Skiing:
    Nico Porteous has revealed he has developed a new trick he hopes will help land him Olympic gold in February 17:33

    International:
    Omicron may be able to evade vaccines. Here's what Pfizer, Moderna and AstraZeneca plan to do about that 17:33


     News Search






    Power Search


    © 2021 New Zealand City Ltd