An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave some households better off for retirement - but experts warn not everyone will benefit.

The Government will halve the member tax credit available to people who contribute at least $1042 in a year to $260.72.

Fisher Funds expert Sam Dickie explains further. 

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An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave some households better off for retirement - but experts warn not everyone will benefit.
The Government will halve the member tax credit available to people who contribute at least $1042 in a year to $260.72.
Fisher Funds expert Sam Dickie explains further.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sam Dickie: Fisher Funds expert on the KiwiSaver changes included in Budget 2025

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c52c95d9-0524-4ada-8dc1-b2e50087526d/transcript

King Charles has made it clear that Harry and Meghan will remain non-working royals. 

The King recently authorised a letter to senior British officials claiming that the pair, who recently returned to the UK, will not use the titles His or Her Royal Highness.

UK correspondent Enda Brady says it's likely Charles felt the need to clarify that Harry and Meghan aren't representing him or the royals.

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King Charles has made it clear that Harry and Meghan will remain non-working royals.&nbsp;
The King recently authorised a letter to senior British officials claiming that the pair, who recently returned to the UK, will not use the titles His or Her Royal Highness.
UK correspondent Enda Brady says it's likely Charles felt the need to clarify that Harry and Meghan aren't representing him or the royals.
LISTEN ABOVE

Enda Brady: UK correspondent on King Charles confirming Harry and Meghan will be non-working royals

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f939e675-35c1-47b3-96b3-b4bf008874a3/transcript

Growing inflation and a changing economy could inspire Australia's Reserve Bank to start putting the OCR up again, according to one expert.

Australia's current official cash rate is currently at 4.35 percent, but the central bank is due to make an announcement later this month.

HSBC chief economist Paul Bloxham outlined when the next increase could come - and whether there's more in the pipeline.

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Growing inflation and a changing economy could inspire Australia's Reserve Bank to start putting the OCR up again, according to one expert.
Australia's current official cash rate is currently at 4.35 percent, but the central bank is due to make an announcement later this month.
HSBC chief economist Paul Bloxham outlined when the next increase could come - and whether there's more in the pipeline.
LISTEN ABOVE

Paul Bloxham: HSBC chief economist speculates about future increases to Australia's OCR

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4ed9b3fb-e157-492c-8d6a-b4bf008510a8/transcript

The Labour Party has pledged to review the Emissions Trading Scheme if elected, and claims the current price is 'too low' to drive down reductions.

In an earlier announcement, leader Chris Hipkins said the party would make changes to the scheme - and that they wouldn't campaign on pricing agricultural emissions, a departure from their earlier stance. 

The Country's Jamie Mackay has admitted he supports this development, and unpacked the rest of the party's announcement.

LISTEN ABOVE

The Labour Party has pledged to review the Emissions Trading Scheme if elected, and claims the current price is 'too low' to drive down reductions.
In an earlier announcement, leader Chris Hipkins said the party would make changes to the scheme - and that they wouldn't campaign on pricing agricultural emissions, a departure from their earlier stance.&nbsp;
The Country's Jamie Mackay has admitted he supports this development, and unpacked the rest of the party's announcement.
LISTEN ABOVE

Jamie Mackay: The Country host on on Labour claiming it wants to make changes to the Emissions Trading Scheme

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4da9be27-64d6-4a74-a7fa-b4bf0082d1c3/transcript

Sam Dickie: Fisher Funds expert on the KiwiSaver changes included in Budget 2025

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