New Zealand First is backing major changes to KiwiSaver ahead of the election and it's sparked discussion about what this could mean going forward.

The party's announced it will campaign on compulsory employee and employer contributions rising to 10 percent, to be offset with tax cuts.

Finance Minister Nicola Willis says this will likely be a significant issue ahead of the election, but she's voiced concerns about the tax cuts.

"For context, our tax package that we delivered after the election was $3.7 billion - so that is a heck of a lot of tax cuts. So the question then becomes - how do we fund that?"

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

New Zealand First is backing major changes to KiwiSaver ahead of the election and it's sparked discussion about what this could mean going forward.
The party's announced it will campaign on compulsory employee and employer contributions rising to 10 percent, to be offset with tax cuts.
Finance Minister Nicola Willis says this will likely be a significant issue ahead of the election, but she's voiced concerns about the tax cuts.
"For context, our tax package that we delivered after the election was $3.7 billion - so that is a heck of a lot of tax cuts. So the question then becomes - how do we fund that?"
LISTEN ABOVE
The podcasts in the SME Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.&nbsp;

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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;
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