Budget 2025 introduces KiwiSaver changes and means-testing for some benefits

Friday 23 May 2025 · 3 outlets · 4 reports · updated Fri 23 May 2025, 3:58pm

In this story Nicola Willis

The Government has announced Budget 2025 changes that include increasing KiwiSaver contribution rates and introducing income-testing for the Best Start payment. While most savers may benefit from the KiwiSaver adjustments, commentators have questioned why NZ Super eligibility remains unchanged while support for younger people is being means-tested.

How they headlined it

11:39am1:35pm3:58pm

1. RNZFri 23 May 2025, 11:39am

   Budget 2025: High earners can't get KiwiSaver credit - but they can get the pension (opens in new tab)

   • Budget 2025: Who's worse off under new KiwiSaver changes? (opens in new tab) Fri 23 May 2025, 3:58pm
2. 1News via RNZFri 23 May 2025, 1:35pm

   Benefits, KiwiSaver to be means-tested — so why aren't pensions? (opens in new tab)

3. StuffFri 23 May 2025, 1:43pm

   How KiwiSaver changes will affect what you pay into the scheme (opens in new tab)