Budget 2025: Clipping KiwiSaver’s wings or letting it fly

There have been many rumours about what the Government will do with KiwiSaver in this week’s Budget. (Image: Getty)

Tue, 20 May 2025

Financial Minister Nicola Willis bigged up KiwiSaver in a speech last week amid mounting concerns that this week’s Budget will shrink its appeal.“I’m delighted to see how many Kiwis are embracing KiwiSaver as a way of saving for a first home and to supplement their income in retirement,” she said in the speech.“I want to see KiwiSaver balances continue to grow, and our Budget will contain steps to support that mission.”But, according to the consensus vibe, the growth mission may start with a retrograde move t...

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