What is KiwiSaver?

26 Jun 2026

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What is KiwiSaver?

The National Party’s big policy announcement at its annual conference was to make KiwiSaver compulsory and automatically enrol babies with a $1500 starting balance. Back in November, it also pledged to lift contributions to a total of 12%.

According to Thomas Coughlan of the Herald, this could be seen as the first step towards abolishing universal superannuation, which Treasury warns could rise to cost 8% of New Zealand’s entire economic output by 2065.

Gen Z are set to start retiring around 2062.

Filmed and edited by Isaiah Tour.
Written and presented by Robbie Nicol.
Made with the support of NZ On Air.

Episodes

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