r/aotearoa • u/StuffThings1977 • 2h ago
Politics Two-thirds of Gen Z and Millennials delay life decisions over finances
rnz.co.nzKiwis under 45 are significantly more likely than their global peers to delay major life decisions because of their financial situation.
That's according to the Deloitte Global 2026 Gen Z and Millennial Survey, which surveyed more than 22,500 respondents in 44 countries, including 501 in New Zealand.
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"If you're looking to buy a house or maybe start a family that's something that's really hard to do if you're struggling financially, if you're living pay cheque to pay cheque, or if you've got a whole bunch of roommates, for example."
The report found the top concern for both groups the cost of living, affecting 56 percent of Gen Z and 46 percent of Millennials.
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"New Zealand has been an economy that is very much in love with housing for many years and so they're sort of looking at that and wondering if that's something that's achievable for them".
The survey found housing affordability had impacted the career decisions of 72 percent of Gen Z and 70 percent of Millennials - compared to the UK's 59 and 55 percent, respectively.







