Tag: kiwisaver
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KiwiSaver Shows Resilience with $123 Billion Under Management
The latest KiwiSaver Annual Report indicates the scheme's resilience amid economic challenges. The report, released by the Financial Markets Authority (FMA), shows total funds under management grew by 10% to $123 billion, driven by $12.2 billion in contributions and $6.4…
BusinessPolitics and GovernmentEconomyFinancial MarketsEmployment and LaborState Governments KiwiSaverFinancial Markets AuthoritySamantha Barrassretirement savingsinvestmentfinancial wellbeingAucklandNZ Financial Markets Authority
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Media Monitor: RNZ Reports on Toddler Death, Soldier's Espionage
Media Monitor: RNZ is reporting that a toddler died of sepsis after being discharged from a Gisborne hospital. It said the Health and Disability Commissioner found breaches of the patient's rights by a locum GP and Health New Zealand Tairāwhiti.…
HealthPolitics and GovernmentBusinessSportMedical ScienceEducationEconomyLaw Enforcement RNZsepsisGisborne Hospitalmilitary informationprimary teachersKiwiSaverNewtownRNZ News
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Media Monitor: Pipe Bombs Found Near Body in Auckland
Radio New Zealand is reporting that police in Auckland, New Zealand, discovered pipe bombs near a body found beside the Southern Motorway on Tuesday. It said the devices were potentially deadly. Detective Senior Sergeant Mike Hayward stated that the investigation…
Politics and GovernmentBusinessWorldLaw EnforcementSportGeneral PoliticsEconomyLegal AucklandSouthern Motorwaypipe bombsKiwiSaverWestpac BankOzzy OsbourneRadio New Zealand
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Media Monitor: RNZ reports Regulatory Standards Bill concerns, poverty increase
RNZ is reporting that another government agency is warning that the costs to comply with the Regulatory Standards Bill could be "significant" and hinder the government's ability to acquire land for infrastructure projects and public works. It said Regulation Minister…
Politics and GovernmentSocial IssuesBusinessWorldSportEconomyEmployment and LaborFinancial MarketsFilm and TVLegal Regulatory Standards BillDavid SeymourPovertyWaiuku crashKiwiSaverAir IndiaRadio New Zealand
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Federated Farmers Petition for KiwiSaver Access for Young Farmers
Federated Farmers has launched a nationwide petition urging the Government to amend KiwiSaver rules, enabling young farmers to use their savings to purchase their first farm, flock, herd, or home. Dairy chair Richard McIntyre highlighted the importance of this issue,…
Politics and GovernmentBusinessAgricultureEconomy Federated FarmersKiwiSaverRichard McIntyreNational FieldaysPetitionFarmingGovernment
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Media Monitor: RNZ Reports Book Vandalism, Rugby Camp, and More
Radio New Zealand is reporting several stories, including one about a Hamilton bookstore owner who is upset about a serial vandal targeting biographies of New Zealand women. RNZ also reports that Auckland FC's coach, Steve Corica, is angry after the…
MediaSportBusinessWorldWeatherSocial IssuesAustralasiaDigital and Print PublishingRugbyEconomyAgricultureDisastersTransportation book vandalismSteve CoricaKiwiSaverChristchurchHannah ZwartzTroy NathanRNZ News
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Media Monitor: RNZ Covers KiwiSaver Changes, Police Plea in Murder Case
RNZ is reporting that changes to KiwiSaver contribution rates, announced in the latest budget, could significantly boost retirement savings for members. It said that some may see their savings increase by over $100,000. RNZ also reported that police are asking…
BusinessPolitics and GovernmentWorldSportAustraliaEconomyFederal GovernmentSocial IssuesTradeLaw Enforcement KiwiSaverKaea KarauriaHealthy Homes standardsDonald Trumpyouth suicidebudgetRNZ News
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Media Monitor: New Zealand Government Announces Spending Cuts
RNZ is reporting that the New Zealand coalition government has cut an average of $5.3 billion in government spending for each of the next four years in its latest budget. It said about half of the savings come from an…
Politics and GovernmentBusinessSportWorldFederal GovernmentEconomyEmployment and LaborRugby Government SpendingBudget CutsKiwiSaverNicola WillisPay EquityFinanceRNZ News
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KiwiSaver Changes in Budget 2025 to Boost Retirement Savings for Many
Budget 2025 will bring changes to KiwiSaver, increasing the amount saved for retirement for many New Zealanders. Employee and employer contributions will rise to 3.5% from April 1, 2026, and then to 4% from April 1, 2028. The government contribution…
Politics and GovernmentBusinessEconomy KiwiSaverBudget 2025Retirement CommissionerJane WrightsonRetirement IncomeFinance
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Labour Leader Slams Budget as Detrimental to Women and Young People
Labour Leader Chris Hipkins criticizes the newly released budget, calling it a series of "wrong decisions" for New Zealanders. Hipkins accuses the government of prioritizing tax cuts over essential services and fair wages, particularly for women. According to Hipkins, the…
Politics and GovernmentBusinessSocial IssuesEconomyLabour PartyEmployment and LaborFinancial Markets Chris HipkinsNicola WillisChristopher LuxonKiwiSaverAusterityGovernment Spending
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Budget 2025 Prioritizes Economic Growth, Says ACT Leader
ACT Leader David Seymour has lauded Budget 2025 as a victory for taxpayers, emphasizing its focus on economic growth through savings, investment, and reduced red tape. According to Seymour, the Budget increases by $1.3 billion this year, just under one…
Politics and GovernmentBusinessHealthEconomyEducationLegal Budget 2025David SeymourACTEconomic GrowthGovernment SpendingKiwiSaverHealthcare
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New Zealand to Increase KiwiSaver Contributions in 2025
The New Zealand government plans to increase KiwiSaver contributions to encourage savings for first homes and retirement, according to Finance Minister Nicola Willis. The changes, part of Budget 2025, aim to make the scheme more fiscally sustainable. The default rate…
Politics and GovernmentBusinessEconomy KiwiSaverNicola WillisBudget 2025Retirement savingsGovernment contributionFinancial security
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New Zealand Budget 2025 Aims to Secure Economic Recovery
Budget 2025 focuses on securing New Zealand's economic and fiscal recovery through various initiatives, according to Finance Minister Nicola Willis. The budget aims to boost growth, investment, and savings, while also targeting essential services and infrastructure. It also seeks to…
Politics and GovernmentHealthBusinessEconomyEducationLaw Enforcement Budget 2025Nicola WillisKiwiSaverInvestmentInfrastructureFiscal Policy
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New Zealand Weather Emergency: Flooding, Power Outages, and Travel Disruptions
New Zealand is grappling with severe weather events, including widespread flooding in Canterbury, where a state of emergency remains. A thunderstorm passed over Auckland, and parts of Wellington, Wairarapa and Manawatū are experiencing power outages that could last for days.…
WeatherBusinessPolitics and GovernmentSportHealthAustraliaGeneral WeatherFinancial MarketsBankingMedical ScienceGeneral PoliticsElections CanterburyWellingtonKiwiSaverFloodingPower OutagesMedia Monitor