Best of Business

Murray Harris: Milford Asset Management's General Manager on National's Kiwisaver boost promise

3 min · 21 de jun de 2026
Portada del episodio Murray Harris: Milford Asset Management's General Manager on National's Kiwisaver boost promise

Descripción

National's Kiwisaver promise could help address a gender savings gap. The party is committing to raise minimum contributions and make employers contribute for staff over 65,  if re-elected in November. It would also make Kiwisaver compulsory - promising a $1500 boost for every newborn.  Milford Asset Management's General Manager of KiwiSaver, Murray Harris told Mike Hosking that staff on paid parental leave will also get contributions. He says on average female balances are 25% lower than male, because they usually raise the children and miss out on contributions. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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Portada del episodio Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver

Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver

There's hopes compulsory KiwiSaver can help New Zealand catch up to Australia's economy.  The National Party is campaigning on making KiwiSaver mandatory for all workers, and for gradually raising the matching rate to six percent.  NZ Herald Business Editor at Large Liam Dann says he wants to see a bipartisan effort and for the Labour Party to get on board.  He says people will need to get used to that six percent figure.  "They're at higher levels than that in Australia - it's painful in the short term, but they do cope. And then, you move on and then you forget about it and you just look at that giant figure on your KiwiSaver statement." LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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