The increased contributions would only make sense if they closed the loophole they introduced themselves regarding total remuneration. Copying someone else’s policy from a decade ago while never acknowledging their own mistake. I guess nothing new here. :)

The successive governments could’ve prioritised narrowing the wealth gap and lowering the cost of living first. Then a policy like this would’ve made a much greater impact. So, while I think making KiwiSaver compulsory is a good idea, it’s a reminder of a lost opportunity.

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[–] 5 points 4 months ago (2 children)

No announcements required, just fast track to corruption

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