Government reallocates savings from pay equity and KiwiSaver reforms

Thursday 22 May 2025 · 6 outlets · 7 reports · updated Thu 22 May 2025, 4:11pm

In this story Nicola Willis, Treasury

The Government will use savings from pay equity and KiwiSaver changes to fund business tax incentives, health, and education. Finance Minister Nicola Willis announced the Budget 2025 measures, which include means-testing Best Start payments and reducing government KiwiSaver contributions.

How they headlined it

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1. NewsroomThu 22 May 2025, 2:00pm

   Pay equity savings ploughed back into tax breaks, health, education and gas (opens in new tab)

2. NZ HeraldThu 22 May 2025, 2:00pm

   Budget 2025: Government saves $12.8b in pay equity, funnels money at $6.6b tax change to stimulate economy (opens in new tab)

   • Budget 2025: Pay equity, KiwiSaver and housing - Where the Govt cut $21b (opens in new tab) Thu 22 May 2025, 2:40pm
3. 1NewsThu 22 May 2025, 2:00pm

   Budget 2025: KiwiSaver changes, pay equity 'savings' revealed (opens in new tab)

4. Otago Daily TimesThu 22 May 2025, 2:06pm

   Budget 2025: Govt claws back savings from pay equity, KiwiSaver (opens in new tab)

5. StuffThu 22 May 2025, 2:31pm

   Where did the Government get its savings? KiwiSaver, pay equity and benefits (opens in new tab)

6. RNZThu 22 May 2025, 4:11pm

   Budget 2025: Coalition claws back savings from pay equity, KiwiSaver in Budget (opens in new tab)