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Labour's KiwiSaver Plan Under Fire | Auckland News
Labour’s new KiwiSaver plan sparks debate as it boosts employer contributions to 6%—matching National’s offer—but stops short of making employee contributions mandatory, citing economic pressure. Sir Michael Cullen’s wife calls it a “perfect solution,” stressing that incentives like tax breaks—not force—built the scheme. National’s Nicola Willis labels it a “watered-down” version, while Simplicity’s Sam Stubbs accuses them of “ankle-tapping” Labour and laments the lack of child-focused accounts. Labour leader Chris Hipkins defends the move, saying tough choices must be made now, even as…
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