
Mike's Minute: Compulsory KiwiSaver could be our answer to saving
Having argued the other week for compulsory KiwiSaver, it was sort of ironic, but probably lucky, that several reports came out post the comments that wanted the same thing.
Then enter Winston who wants it as well, and will pay for it, apparently with tax cuts.
Of course the tax cuts are completely unaffordable, but it doesn’t make the compulsion a bad idea.
I personally am not for compulsion, but it seems the only way to solve our never-ending inability to save.
Here is what possibly is the defining argument: a bloke called John O'Malley, who works for Deloitte, has written a paper on…
The skinny
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