Pandemic: Financial difficulty in New Zealand worse than UK and Norway

The New Zealand government’s Commission for Financial Capability (CFFC) has reported that a survey of 3,000 people, conducted in April, found 34 per cent of households were in “financial difficulty.”

A further 40 per cent were “at risk of tipping into hardship.”

The survey was part of a study involving eight countries.

New Zealand ranked worse than the UK and Norway, where 28 per cent and 8 per cent of respondents respectively were in “financial difficulty.” Other countries have not yet reported their results. Continue reading

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News category: New Zealand, News Shorts.

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