Almost all New Zealanders chose to not opt out of increasing their KiwiSaver payments.

Minimum contributions increased from 3 percent in April to 3.5, although people could remain at 3 percent if they wished. 

Finance Minister Nicola Willis says it's important the Government set out their direction to increase contributions further."

"Setting the direction out now makes it clear where we're going, it gives everyone time to adjust."

LISTEN ABOVE

Almost all New Zealanders chose to not opt out of increasing their KiwiSaver payments.
Minimum contributions increased from 3 percent in April to 3.5, although people could remain at 3 percent if they wished.&nbsp;
Finance Minister Nicola Willis says it's important the Government set out their direction to increase contributions further."
"Setting the direction out now makes it clear where we're going, it gives everyone time to adjust."
LISTEN ABOVE

Looking for actionable business insights all in one place? 

We're here to help you find a way with a curation of the ‘best bits’ from top business podcasts. 

Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today. 

 

Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
&nbsp;