Gareth Kiernan: Survey finds pink and blue collar households hardest hit from Covid-19

Published: Dec. 8, 2020, 12:07 a.m.

A number of people are at financial risk as New Zealand heads into the last few months of Covid-19 mortgage holidays.
The Commission for Financial Capability has conducted a survey on New Zealanders' financial wellbeing six months after the first lockdown.
It's found blue collar households and those reliant on income from traditionally female dominated jobs such as caring have been hardest hit.
Infometrics chief forecaster Gareth Kiernan told Mike Yardley about 1.5 per cent of people still are on a mortgage holiday.
He says that's in comparison to a peak of 1.2 per cent following the global financial crisis.
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