New research by the Commission for Financial Capability - the government's money education arm - has revealed who has been hit hardest financially by Covid-19. A survey of more than 3600 households in October found working families in blue-collar occupations were hit hard and were still likely to have reduced incomes. Pacific households had the highest proportion of those whose income was reduced by up to 30 per cent. But financial resilience was still a concern, with 41 per cent of households still exposed to high debt and low savings. There is a lot of other help available, listed on the covid19.govt.nz website, that households can turn to first."

Source: New Zealand Herald December 07, 2020 18:56 UTC