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Frequently Asked Questions

If I bring my Australian funds to my KiwiSaver account, can I use the Australian funds for a First Home Withdrawal?

No. Any funds you transfer from your Australian super into KiwiSaver are ring-fenced. This means they cannot be withdrawn for a first home purchase. Only the New Zealand–sourced portion of your KiwiSaver balance can be used for a first home withdrawal.

The Australian-sourced funds must remain in KiwiSaver until you become eligible for retirement withdrawal.