The Reserve Bank says there is $9 billion in circulation, almost double what there was 10 years ago.
The start of July brings a raft of changes that will affect households across the country.
More than 80 percent of OECD countries have such institutes.
"Whoever you are, just know that you suck."
All that parents are now left with are empty wallets and devastated children.
Actura told customers it has no financial resources to provide refunds.
Data shows pay rates vary widely across different regions, due to a range of factors.
Directors are being accused of investing in wine firms using KiwiSaver funds and not revealing conflicts of interest.
Tom Burgis' new book follows a trail from the Kremlin to a royal retreat in Scotland.
