The party’s youth wing, the Young Nats, suggested the policy, Luxon said. Students aged under 30 would be eligible to use money from their KiwiSaver for up to five years. "This reflects the fact that we want young people joining KiwiSaver early and staying in for the long haul," Bishop said. Bishop said students will be able to transfer bond payments from their KiwiSaver accounts directly to Tenancy Services. "Young people have told me they’d like to have the option of using their KiwiSaver savings to sort their bond payments, and that this policy will make a difference."
