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Viewing entries tagged with 'Government'

$300m KiwiSaver plan 'adds little to savings'

16 January 2012

A Treasury report to Finance Minister Bill English reveals officials doubted whether a $300 million one-off auto-enrolment in KiwiSaver would deliver a worthwhile boost to national savings. Treasury initially advised against the Government's plan because of the small impact it would have on savings.

National savings to get a lift, not a hit - English

17 May 2011

Standard & Poor's today told Radio New Zealand cuts to KiwiSaver had the potential to pull New Zealand further into debt.

KiwiSaver subject to continuous tinkering

12 May 2011

The Government's signal of changes to KiwiSaver in the Budget next week was yet another round of amendments to a scheme subject to almost continuous tinkering during its relatively short life, Chapman Tripp said.

PM: Budget 2011 will be responsible, affordable

11 May 2011

IN his speech in Wellington today, Prime Minister John Key says Budget 2011 will be responsible and measured, and ensure expensive programmes like KiwiSaver, Working for Families and interest-free student loans are affordable into the future.

KiwiSaver changes worry employers

11 May 2011

As speculation mounts over the Government's intentions for KiwiSaver, a group representing employers who offer workplace retirement plans is concerned that tinkering with the scheme may deter people from joining.

Building Trust in Financial Markets

4 May 2011

The Government has a golden opportunity in this year's Budget on 19 May to continue to build trust in New Zealand's financial markets by not tinkering with KiwiSaver benefits.  Workplace Savings NZ Chairman David Ireland says the industry considers it highly likely that KiwiSaver incentives are at the top of the list of the Government's savings targets in the upcoming Budget, and another casualty might be the first home deposit subsidy from Housing New Zealand.

OECD supports capital gains tax, lifting retirement age

27 April 2011

A new report by the Organisation for Economic Cooperation and Development (OECD) argues New Zealand to favour a capital gains tax, and lift the retirement age.

Bollard suggests savings boosters

24 November 2010

Reserve Bank governor Alan Bollard has suggested several measures that could improve national savings over the medium term in a submission to the Government's Savings Working Group.

Savings-based recovery set to pick up in 2011

18 November 2010

A sustainable economic recovery is underway and will pick up momentum next year as the Government continues to roll out its economic plan, Finance Minister Bill English says.