KiwiSaver

More incentives for KiwiSaver possible: Cullen

Tuesday 21st of June 2005

All employers have to provide access to the scheme, and all employees are automatically enrolled when they change jobs, although they may opt out after several weeks.

There is a $1000 government grant if they stay enrolled; and some of the accumulated savings can be used for a deposit on a first home. There are no tax incentives and no direct as...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.