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14 May 2025 16:16
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      Home > News > Politics

    The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week

    The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week

    14 May 2025
    Nicola Willis has revealed it's taking some funds from its yearly Super contribution - to invest 100-million dollars into the Elevate fund.

    She also says the Government's making its first ever withdrawal from the Super Fund in 2028 -- at 32 million dollars.

    Finance Minister Nicola Willis says something positive is also coming for KiwiSaver.

    She wants to see KiwiSavers grow, as they're becoming increasingly important particularly for first home buyers.

    © 2025 Newstalk ZB, NZCity


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     Today's News

    		 Entertainment:
    Danny Dyer plunged into a "spiral of madness" following the death of his mentor Harold Pinter 16:07

     Business:
    ANZ's reacting staunchly to a Consumer survey ranking them poorly among customers 16:07

     Law and Order:
    DNA evidence sees British man’s murder conviction quashed after 38 years served 16:07

     Education:
    Lockdowns have lifted at three Nelson schools, that were shuttered during a Police response 15:57

     Entertainment:
    Richard Gadd has experienced "intolerable pressure" amid the success of 'Baby Reindeer' 15:37

     Law and Order:
    An LA judge has resentenced two brothers serving life in prison - with no parole - for murdering their parents in 1989 15:27

     Entertainment:
    James Middleton offered "unconditional" support to his sister Catherine, Princess of Wales during her battle with cancer 15:07

     Business:
    Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever' 14:57

     Basketball:
    The Indiana Pacers will return to the NBA's eastern conference finals after wrapping up their semi-final series against the top-seeded Cleveland Cavaliers 14:57

     Entertainment:
    Jamie Lee Curtis is proud of her 41-year marriage to Christopher Guest because there were so many divorces in her family 14:37

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