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Labour's Big KiwiSaver Overhaul | Auckland News
Labour’s poised to revolutionize KiwiSaver if they return to power, pushing for mandatory employer contributions for all, raising the minimum employee contribution to 6%, and setting a default rate of 4%. They’ll extend employer support to retirees over 65 and parents on parental leave, while banning hidden remuneration deals that disguise KiwiSaver funds. Leader Chris Hipkins proudly claims Labour built KiwiSaver and now wants to make it work even better for everyone — arguing National’s opposition left too many Kiwis struggling just to survive, not saving for tomorrow. Listen in comfort:Get…
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