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).
Tourism manufacturer pulls plug in Oz, powers up in Hamilton
A major global tourism operator is ditching production in Australia and jumping across the Tasman to Hamilton.
Tourism Holdings Limited have announced they are closing its manufacturing factory in Brisbane effective December 19 and are transitioning all production to Action Manufacturing in Hamilton, New Zealand.
Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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71.6% We work hard, we deserve a break!
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18% Hmm, maybe?
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10.4% Yes!
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