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14 May 2025 13:15
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  •   Home > News > Business

    The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week

    The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week


    Nicola Willis has revealed it's taking some funds from its yearly Super contribution - to invest 100-million dollars into the Elevate fund.

    She also says the Government's making its first ever withdrawal from the Super Fund in 2028 -- at 32 million dollars.

    Finance Minister Nicola Willis says something positive is also coming for KiwiSaver.

    She wants to see KiwiSavers grow, as they're becoming increasingly important particularly for first home buyers.

    © 2025 Newstalk ZB, NZCity

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    International:
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    Entertainment:
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    Sailing:
    Australian sailor Nathan Outteridge will replace Peter Burling as the skipper of Team New Zealand 12:27

    Entertainment:
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    Soccer:
    Interim coach Michael Mayne's rung the changes to the Football Ferns squad for friendlies against Venezuela in Spain on June 1 and 4 11:57

    Business:
    Positivity - about New Zealand's smaller banks 11:57

    Entertainment:
    Billie Piper is writing a rom-com 11:37


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