Commerce Minister says Govt not mulling further KiwiSaver contribution hikes in near term

Commerce Minister says Govt not mulling further KiwiSaver contribution hikes in near term
Minister Scott Simpson has ruled out further near-term hikes in KiwiSaver contributions. (Image: Hagen Hopkins)
Staff reporters
Commerce Minister Scott Simpson says the Government is not considering any further rises to KiwiSaver contributions in the near term, after this week rosily showcasing Australia’s 12% superannuation minimum amid record numbers of Kiwis fleeing across the Tasman.His comments came after official data showing New Zealand suffered a net migration exodus to Australia in 2024 as droves of Kiwis fled their verdant homeland for the greener economic pastures of work and retirement across the Tasman.“The Government is not considering any incr...

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