Bigger eggs: Budget opens cracks in KiwiSaver

(Image: Getty)

Tue, 27 May 2025

The Kiwi national bird, the kiwi, does a lot of legwork for Kiwi politicians.Finance Minister Nicola Willis, for example, made full use of the avian symbolism in her post-Budget PR campaign.“An increase in KiwiSaver balances will also grow the pool of funds available for investment in New Zealand."KiwiSaver schemes already invest around 40% of their funds in New Zealand-based assets – including housing developments like the Simplicity one we’re visiting today,” a hard-hatted Willis told media on a building site.&ldq...

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