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14 May 2025 14:35
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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


    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

    Athletics:
    The dreaded beep test: outdated or still a valid assessment of your fitness? 14:17

    Business:
    Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever' 14:17

    Entertainment:
    Wynonna Judd only learned the identity of her biological father when she was 30 14:07

    Basketball:
    Eastern conference top seeds Cleveland Cavaliers have been eliminated from the NBA playoffs 14:07

    Business:
    New Zealand's most profitable bank - is also favoured least by customers 13:47

    Business:
    PAK'nSAVE has scored best for a second month - in international supermarket price comparisons 13:47

    Entertainment:
    Christopher Schwarzenegger began his weight loss journey after being unable to go skydiving 13:37

    Sailing:
    An Aussie will take the helm of Team New Zealand in their next defence of the America's Cup 13:37

    Rugby League:
    Current NRL leaders the Bulldogs will headline next year's Las Vegas Opening round slate 13:27

    Education:
    Back to school for Jorja Miller as she returns to 15-aside rugby with the Black Ferns 13:27


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