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31 May 2020 10:33
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  •   Home > News > Politics

    An economist doubts proposed Kiwisaver changes will have the desired effect

    An economist doubts proposed Kiwisaver changes will have the desired effect


    The Interim Retirement Commissioner is recommending relaxing the rules, to allow first home buyers to access their money to buy an investment property.

    Economist Peter Neilson says KiwiSaver members only have to live the property for the first six months - so people are probably already using them as investment properties.

    He says options like proposals for equity share plans and rent to buy are more productive.

    © 2020 Newstalk ZB, NZCity


     Other Politics News
     31 May: The Cancer Society says it's becoming increasingly challenging for New Zealand to reach its Smokefree 2025 goal
     30 May: The business community says everyone should be thinking about how the country can create more jobs after Covid-19
     30 May: Manurewa MP Louisa Wall has withdrawn her nomination for the South Auckland seat
     30 May: Labour MP Louisa Wall has withdrawn from the party's selection battle for the Manurewa seat
     29 May: Farmers are supporting the efforts, to keep our waterways clean
     29 May: Boris Johnson's top aide Dominic Cummings committed 'minor breach' of coronavirus lockdown rules, Durham police say
     28 May: Farmers are raising concerns about some of the challenges around the new healthy waterways package
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     Today's News

    Entertainment:
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    Soccer:
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    International:
    Scientists are searching hard for coronavirus treatments. Which ones look promising? 10:26

    Law and Order:
    Cambodia's drug war has seen prisoner numbers skyrocket during coronavirus pandemic 10:16

    Environment:
    The heavy rain in Auckland has done little for the region's water shortage 10:06

    Entertainment:
    BAFTA has announced a new talent initiative to showcase the next generation of creative talent in film, games and television 10:02

    Rugby League:
    A frank admission from Melbourne Storm coach Craig Bellamy after his side's 22-6 NRL capitulation against Canberra 9:36

    Entertainment:
    Lisa Kudrow is quarantining apart from her husband Michel Stern 9:32

    International:
    Coronavirus-led economic recession reveals deep flaws in US social security net 9:26

    Environment:
    At least two vehicles were trapped in floodwaters last night as the North Island got its first taste of a wet Queen's Birthday weekend 9:26


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