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.
17 May 2011
Standard & Poor's today told Radio New Zealand cuts to KiwiSaver had the potential to pull New Zealand further into debt.
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.
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.
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.
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.
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.
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.
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.