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23 May 2025 10:03
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      Home > News > Politics

    A Kiwisaver expert is hailing changes to the scheme made in this year's budget

    A Kiwisaver expert is hailing changes to the scheme made in this year's budget


    16 and 17-year-olds will now be eligible for Government and employer contributions.

    The default rate will gradually increase from 3 to 4 percent.

    Kiwisaver expert Jonathan Eriksen says getting people to start younger will bring benefits.

    He says it will teach young people to save earlier.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     23 May: The future of the Government's school lunch programme is foggy
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     22 May: The Prime Minister says support for working families builds on tax cuts last year
     22 May: Exiled Labor MP Jimmy Sullivan tears up, raises voice in emotional state parliament address
     22 May: NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth
     22 May: Centre pieces of today's Budget include KiwiSaver changes - and a new business tax incentive
     22 May: The Government's been teasing changes to the Kiwisaver scheme, with more to be revealed today
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     Today's News

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    State Highway 6 is closed at Lake Hayes, south of Arrowtown, due to a serious crash 9:27

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     International:
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     Entertainment:
    ABBA are mourning the loss of their former sound engineer Michael B Tretow 8:36

     Politics:
    The future of the Government's school lunch programme is foggy 8:17

     Athletics:
    Shot putter Tom Walsh has recorded his best heave in more than 14 months at a meet in Zagreb, Croatia 8:07

     Entertainment:
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     Business:
    A boost for Nelson Hospital is the Government's largest ever investment in the city 7:57

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