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30 Nov 2021 13:48
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  •   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

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     Today's News

    Entertainment:
    Bryan Adams has been treated with an "anti-thrombosis" injection after testing positive for COVID-19 again 13:35

    Law and Order:
    Ghislaine Maxwell, Jeffrey Epstein's ex-girlfriend, is on trial on sex abuse charges. Here's what it was like inside the courtroom 13:33

    Law and Order:
    A Police officer is in a stable condition after a hit and run on Sunday night 13:33

    Law and Order:
    Police are after footage of yesterday's shooting in West Auckland 13:13

    Entertainment:
    Liam Gallagher was left shaken after staying in a "haunted" mansion 13:05

    Soccer:
    An overwhelming sense of disappointment from the All Whites playing group at Oceania Football's scheduling of March's World Cup qualifiers 12:53

    Entertainment:
    Sharon Stone's mother is recovering after undergoing an acute stroke earlier this week 12:35

    Business:
    Record breaking data usage over the past two years 12:33

    Entertainment:
    Freddie Flintoff has blasted Sir Roger Moore's James Bond as a "creepy old bloke" 12:05

    Law and Order:
    Jeffrey Epstein associate Ghislaine Maxwell's trial begins with opening statements 11:53


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