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).
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.5% Yes, supporting people is important!
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26.1% No, individuals should take responsibility
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14.4% ... It is complicated
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Derelict Tokanui Hospital site in line for a clean-up
Derelict Tokanui Hospital buildings will be demolished and contaminated land cleaned up so the site can be offered back to iwi.
The former psychiatric hospital, southeast of Te Awamutu, sits on land taken from Ngāti Maniapoto under the Public Works Act in 1910.
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