Do I have to show funds for my dependent during visa approval, and will my dependent have a full work permit to work in New Zealand after arrival for a Master's?

Yes, you must show proof of funds for your dependent when applying for a New Zealand student visa. For a partner, you need to demonstrate NZD $5,000/year for living costs; for each dependent child, NZD $7,000/year. These funds must be accessible and properly documented.

If you are enrolled in a master's program (Level 8 or above), your partner may be eligible for an open work visa with full work rights after arrival. Dependent children generally do not receive work permits, except in limited cases for those aged 17-24 under specific conditions.