The Government is increasing the default KiwiSaver contributions for employees and employers, while halving their own contributions. 

Employee and employer contributions will raise from 3% to 3.5%, while the Government's contributions will drop from $521.43 to $260.72.

But should the Government be halving their input?

LISTEN ABOVE

The Government is increasing the default KiwiSaver contributions for employees and employers, while halving their own contributions.&nbsp;
Employee and employer contributions will raise from 3% to 3.5%, while the Government's contributions will drop from $521.43 to $260.72.
But should the Government be halving their input?
LISTEN ABOVE

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Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you. Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Smart Money

Martin Hawes: "No incentive for self-employed people to join KiwiSaver"

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bfa81938-9892-4144-b899-b2e80062cb47/transcript