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With all that is going on overseas, bank collapses, bailouts, and general uncertainty we are getting a lot of questions about this topic.

What happens to my savings if the bank collapses?

What about my mortgage?

Is my KiwiSaver safe?

For each question there is a very different answer.

And realistically what is the chance of a bank in NZ collapsing?

Listen in and let us know what you think.

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The Mortgage Man Tiktok here