Government increases default KiwiSaver contribution rates

Sunday 25 May 2025 · 3 outlets · 2 reports · updated Sun 25 May 2025, 1:47pm

In this story Labour Party, Chris Hipkins, Nicola Willis

The Government plans to gradually raise default KiwiSaver employee and employer contribution rates from 3% to 4%. Finance Minister Nicola Willis says the changes will increase retirement savings for most workers, despite criticism from Labour leader Chris Hipkins regarding potential impacts on wages.

How they headlined it

7h

6:41am1:47pm

1. 1News via RNZSun 25 May 2025, 6:41am

   Who's worse off under new KiwiSaver changes? (opens in new tab)

2. The Press via StuffSun 25 May 2025, 1:47pm

   Nicola Willis stands by KiwiSaver changes, dismissing critique it will hamper pay rises (opens in new tab)

   Also on Stuff (opens in new tab)