National's Kiwisaver promise could help address a gender savings gap.

The party is committing to raise minimum contributions and make employers contribute for staff over 65,  if re-elected in November.

It would also make Kiwisaver compulsory - promising a $1500 boost for every newborn. 

Milford Asset Management's General Manager of KiwiSaver, Murray Harris told Mike Hosking that staff on paid parental leave will also get contributions.

He says on average female balances are 25% lower than male, because they usually raise the children and miss out on contributions.

LISTEN ABOVE

National's Kiwisaver promise could help address a gender savings gap.
The party is committing to raise minimum contributions and make employers contribute for staff over 65, &nbsp;if re-elected in November.
It would also make Kiwisaver compulsory - promising a $1500 boost for every newborn.&nbsp;
Milford Asset Management's General Manager of KiwiSaver, Murray Harris told Mike Hosking that staff on paid parental leave will also get contributions.
He says on average female balances are 25% lower than male, because they usually raise the children and miss out on contributions.
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Murray Harris: Milford Asset Management's General Manager on National's Kiwisaver boost promise

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d71ff116-f295-47ad-9bb8-b4700146ba40/transcript