Did you see the KiwiSaver changes announced with the Budget?
In a bid to boost Kiwis' retirement savings, and increase local investment, the Government is increasing the default KiwiSaver contribution rate, to 3.5% next year and then 4% by April 2028.
The current default rate is 3% but that will incrementally increase to 3.5% from April 1 next year, rising to 4% from April 2028. Employers will have to match the default rate.
Did you see the KiwiSaver changes announced with the Budget? Tell us your thoughts in the comments (adding NFP if you don't want your words used in print).
Time to Tickle Your Thinker 🧠
If a zookeeper had 100 pairs of animals in her zoo, and two pairs of babies are born for each one of the original animals, then (sadly) 23 animals don’t survive, how many animals do you have left in total?
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Poll: Have you tried this spot?
Tucked in the heart of Matamata’s farming and industrial business area, Pepper Street Kitchen defies expectations.
The cafe is owned by contracting giant J Swap and located in their Matamata workshop. Originally it was set up just for employees about six years ago, but once word got out around town about the stellar food they switched to the commercial operation.
Have you tried this spot? Tell us more in the comments (adding NFP if you don't want your words used in print).
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0% Yes
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100% No
One size fits all rates cap model ‘unworkable’, says Waipā DC
Waipā District Council says the government’s “one size fits all” proposal to cap rate rises could disproportionately harm fast-growing councils such as Waipā.
On Wednesday, Strategic Planning and Policy committee members debated the council’s submission on the proposed rates cap model.
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