Can’t afford KiwiSaver right now? Labour says your boss should still pay 6%
What we should do with KiwiSaver continues to be a hot topic this election season.
The latest party to throw their idea into the ring is Labour, which wants to lift the employer contribution rate to 6% by 2032.
They would also introduce compulsory employer contributions, even when employees have paused or reduced their own share and extend employer contributions to workers over 65.
Nicola Willis was quick to call the policy a "watered-down" version of National's.
Both New Zealand First and National are proposing compulsory contributions for all workers but have also both announced policies…
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