Podcasts about KiwiSaver

Today Mary is talking about Kiwisaver and how the Government can either hinder or help the scheme.

Is topping up a mortgage at 22 really the dream? Makayla and Jess break down the pros and cons of buying young, why some Kiwis are purchasing at 22, the cultural pressure to own property, and alternative ways to build wealth if homeownership isn't your priority.Next Steps: If you're thinking about buying your first home, make sure your KiwiSaver is working as hard as you are - get in touch with Lighthouse Financial for tailored advice today.For more money tips follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

Sharesies' Matt MacPherson reveals the launch of members' most-requested feature—US Self-Select for the Sharesies KiwiSaver Scheme, opening access to 55 American companies. We discuss: The unique Investment Plan Builder tool that lets you experiment with portfolio combinations using virtual money before committing How guardrails work to maintain diversification (minimum 50% in base funds, maximum 5% per individual stock selection) Access to previously unavailable investments like crypto through ETFs The tax-efficient PIE fund structure that makes it all possible. Sharesies Investment Management Limited is the issuer of the Sharesies KiwiSaver Scheme. The product disclosure statement (PDS) for the Sharesies KiwiSaver Scheme has been lodged, and may be viewed on the Disclose Register or on our documents page For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. See omnystudio.com/listener for privacy information.

In a world of pressing problems one of the bigger, longer term ones is due a good looking at because if we don't, when we get there we will want to shoot ourselves. IRD has been looking at the cost of stuff and where that money comes from. The trouble, and this is not new, is we have more older people needing more money and fewer younger people to work to raise the money to pay the bills. This is more than Super. It's health. It's pretty much everything. Currently 16% of the population is over 65-years-old. By 2060 it will be a quarter. The IRD conclusion is that people will likely have to pay more tax. Really? Is that it? Well, no. Somewhere in the advice they mutter something like "we could always cut costs". Bingo! Give those people a prize. And why that idea is not top of the pile of ideas, I don't know. Because here is what I do know. Most of the money to pay for all this comes from you and me. Personal tax is over 50% of Government income, its 52%. Companies pay 17%. GST is 25%. A lot of GST is us as well. In fact our top tax rate is 39cents. Add GST on to that you are at 54%. Add the bits and pieces on top - the ACC, the road user charges - and top income earners will be parting with 56-57% of everything they earn. And the IRD advice is we will need more please. So how much more? And at what point does it become ruinous? At what point do the young, bright things move offshore? The ones of course that haven't already. So let's take stock. We are highly taxed. Remember at the other end we have no tax free component in income. We are a low wage economy. We have a massive savings issue with KiwiSaver at an average of $30,000-ish and a fiscal cliff in a bunch of years where the main idea is we will bleed you some more. Spot the red flag. So, what to do? And how urgently do we do it? Ideas please. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Dean Hegarty became Co-CEO of the Responsible Investment Association Australasia (RIAA) to help grow the role investment plays in tackling social and environmental challenges. As the first New Zealand-based CEO of the organisation, he brings a different viewpoint-shaped by his background outside traditional finance and by a strong belief in collaboration. Alongside Co-CEO Estelle Parker, Hegarty is helping to lead RIAA's mission across both sides of the Tasman through a model of shared leadership that values trust, transparency, and purpose.RIAA represents a broad membership base of asset owners, fund managers, advisers, and others committed to using capital as a force for positive change. The association sets standards, influences policy, and supports investment practices that account for environmental, social, and governance (ESG) outcomes.For Hegarty, responsible investment is about more than avoiding harm—it's about enabling capital to contribute to a fairer and more sustainable future. He sees the sector at a pivotal moment, with ESG no longer on the margins but increasingly part of mainstream investment decisions. As renewable energy becomes more affordable and social pressures mount, investors are paying closer attention to long-term value and societal impact.“Responsible investment has shifted from being the right thing to do, to also being the smart thing to do,” Hegarty notes. But he's quick to point out that momentum alone isn't enough. “There are still barriers preventing capital from reaching the projects and communities that need it most.”As someone who came into the investment world relatively recently, Hegarty speaks openly about his learning curve—supported by mentors and colleagues willing to share their knowledge. Based in Queenstown, he leads RIAA's New Zealand efforts and contributes to its trans-Tasman presence. His location has required adaptability and clear communication, particularly when it comes to staying connected with the Melbourne-based team.The decision to adopt a Co-CEO model was a deliberate move by RIAA. Hegarty and Parker bring complementary strengths: Parker with her background in diplomacy and public policy, and Hegarty with a values-led, mission-oriented approach shaped by his experience in New Zealand's sustainability and business communities. Their partnership is built on mutual respect, open dialogue, and a shared commitment to the organisation's purpose.While co-leadership can present challenges—especially across time zones and geographies—Hegarty sees its benefits clearly. “Two perspectives allow us to make better decisions. We each bring different questions to the table, which helps test our thinking and improve outcomes.”The arrangement also enables deeper engagement across both Australia and New Zealand, two markets with distinct regulatory settings and investment landscapes. RIAA's growing influence in both jurisdictions benefits from having visible leadership on the ground in each.Looking ahead, Hegarty wants to see responsible investment become more inclusive. He believes that improving financial literacy and access- especially through mechanisms like KiwiSaver—will help grow the pool of capital directed toward positive outcomes. He describes responsible investment as a spectrum, with approaches ranging from avoiding harm to actively investing in solutions, such as renewable energy, affordable housing, and infrastructure.Ultimately, Hegarty's focus is on creating the conditions where more capital can flow to where it's needed most. “If we want investment to serve the future-not just the present- we need to make it easier for good money to find good outcomes.”Through his leadership at RIAA, Dean Hegarty is helping shift how the investment sector sees its role in society—not as separate from social and environmental challenges, but as a vital part of the solution.

Markets are rising, oil prices are spiking - but what does Trump's strike on Iran mean for your money? We unpack how rising tensions in the Middle East could affect KiwiSaver balances, inflation, mortgage rates, and the everyday cost of living in New Zealand.Ever wanted your own financial adviser? James is picking one listener to coach for a whole year - apply now and you might just star on the podcast too!For more money tips follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

From the "we can't get out of our own way" file comes the question, as posed this week by the Retirement Commissioner, as to whether people who have money in the bank should get the pension. The first part that is wrong with that is I thought we had decided many a decade ago, rightly or wrongly, that Super is an entitlement. Its trigger, rightly or wrongly, is age, therefore the other criteria you might like to add to the equation like height, weight, job, brain power or savings, are null and void because age is what does it. So are we changing that, are we? Because that is the inference in the question. The inference is also this sneering socialist bend some people have around success. "Don't be too successful" is the message, and that's what savings generally are. You had a plan, you worked hard, and you put a few dollars aside. Interestingly the numbers are depressing. This is where the question came from. There are 33,000 over the age of 65 who earn between $100-200k a year. There are 9,000 who earn more than $200k. That's not a lot of people. It shows you how poorly paid we are, how bad at saving we are and how expensive life is to stop you saving. A whole bunch of stuff leads us to not being a very well-off sort of country. I have said this many times – I'm not fussed. I didn't join KiwiSaver and I'm not relying on a pension. Why? Because when I started work in 1982 it was very well established that the pension may or may not be around at all, so why take the risk? And in 1982, on the minimum wage as I was, I had 45 years to get my act together and do something about it. The problem with keeping on asking these questions is it messes with people and their intentions. Governments have been bad enough already with their constant changing of the rules and their contributions, the last thing we need is thought bubbles on what should be a long term, leave it alone, get out of the way, understanding among us all that the pension is our society's recognition of a life's work. Change the age if you want. But penalising success is the opposite of what we want to promote. See omnystudio.com/listener for privacy information.

Talk To Me Nice Thursday Who owns the name... Who owns these names for ALL of history?... Matua Marc sits down with Billy from Sharesies to talk Kiwisaver!... What it is, how you can get started and how it can help you for your future!... Our brother Webby stops by from across the building to tell us about The YK MOVE Challenge - Set your weekly movement goal, hit it all July, and go in the draw to win $10,000. Sign-ups close 30 June on the YOUKNOW App. Link: ⁠https://sodqk9os.tapc.art/ KiwiSaver members that are put into a default scheme are put into a balanced fund rather than a conservative fund automatically. Sharesies Investment Management Limited is the issuer of the Sharesies KiwiSaver Scheme. The product disclosure statement (PDS) for the Sharesies KiwiSaver Scheme has been lodged, and may be viewed on the Disclose Register or on our documents page.Investing involves risk. We recommend talking to a licensed financial adviser. The views expressed during The Morning Shift are those of the presenters ("or guests" if that's appropriate) and are not a recommendation or opinion to invest. Their views are their own. Hit that link below to stay caught up with anything and everything TMS. ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.facebook.com/groups/3394787437503676/⁠⁠⁠⁠⁠⁠⁠⁠⁠ We dropped some merch! Use TMS for 10% off. Here is the link: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://youknowclothing.com/search?q=tms⁠⁠⁠⁠⁠⁠⁠⁠⁠ Thank you to the team at Chemist Warehouse for helping us keep the lights on, here at The Morning Shift... ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.chemistwarehouse.co.nz/⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors may be feeling uneasy as tensions remain high between the US, Iran, and Israel. To shed some light on the latest situation, we’re turning to Nicholas Bagnall, Chief Investment Officer at Te Ahumairangi fund, and Matt Macpherson, our Head of KiwiSaver. Nicholas has seen more than a few conflicts play out over his 30+ years of investment management, so we’re asking—where to from here? What moves can we expect from Russia and China? What could this all mean for oil prices and the value of the USD? Matt lays out the implications for your KiwiSaver balance and the NZ economy—and what this all means for defense-related investments. And Nicholas tells us how to build a portfolio that doesn’t need to change in response to unpredictable times, and why high risk doesn’t necessarily mean higher reward. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

What do the new KiwiSaver changes mean for you? Milford Senior KiwiSaver Financial Adviser Liam Robertson, shares some key numbers with Bree and Clint from ZM to put the changes into context.

Money commentator David Boyle reckons a budgeting date night could be just the tonic for couples to talk through their money challenges.

One of the organisations vetting KiwiSaver hardship withdrawals has said applications to dip into the retirement fund have more than doubled in the past two years. This comes as some fund managers have expressed concern about social media "how to guides" advising people to go into more debt or fudge their financials so they can crack open the retirement piggy bank early. Inland revenue figures show that in April 2025 hardship withdrawals were up $300 million on the year before. Public Trusts acts as a supervisor for various KiwiSaver schemes and decides which hardship withdrawals are signed off. General Manager of Corporate Trustee Services David Callanan spoke to Lisa Owen.

After 5.5 years, 400 episodes, and a journey that started with a Kiwisaver convo during my PwC internship... I'm officially wrapping up The OneUp Project.This episode is a reflective goodbye — sharing the real reason I'm ending the pod, the unexpected lessons it taught me, and why pressing pause can be a power move. Whether you've been here since day one or just joined, this one's from the heart. Thank you for growing with me

In his final episode, ASB's retiring Head of Asset Management, John Smith, joins host Nigel Grant (Head of Wealth Product, ASB) to reflect on a decades-long career — from paper-based trading to digital platforms, through the establishment of KiwiSaver, and across shifting market cycles. John reflects on what's changed, what's stayed the same, and the lessons he's taking into retirement.

Host Nigel Grant (Head of Wealth Product, ASB) is joined by Frank Jasper (Investment Strategist, ASB) to break down the basics of financial markets and how they connect to your KiwiSaver account or Investment Fund. They explore how markets work, what drives their movements, and how ASB applies a long-term strategy to manage risk and build robust portfolios.

Inland revenue figures show a record number of hardship withdrawals from KiwiSaver is the past year. Between July 2024 and April 2025, more than $389 million's been taken out of KiwiSaver for financial hardship reasons. That's up from $300m on the year before. People can access KiwiSaver retirement funds in significant financial hardship, including for example to pay for food, power or palliative care. However, a fund manager told Checkpoint there is a multitude of social media videos full of workarounds to help people qualify for a hardship withdrawals and effectively game the system. General Manager for KiwiSaver Fisher Funds, David Boyle spoke to Lisa Owen.

Any changes to KiwiSaver that could allow budding farmers to buy a herd of cows or flock of sheep would be a slippery slope according to one retirement fund provider. People who have been in KiwiSaver for three years can withdraw almost all the money to buy a first home, but they have to live in it. But Federated Farmers is applying pressure on the government to deliver on National's pre-election promise to unlock KiwiSaver so it can be used to buy stock, and first homes that wont be owner occupied. Agriculture Minister, Todd McCLay told Checkpoint he hopes to deliver on the promise. But not everyone thinks its a good idea. Founder of Koura KiwiSaver, Rupert Carlyon spoke to Lisa Owen.

There are fears Finance Minister Nicola Willis is opening a can of worms by potentially allowing young farmers to dip into their KiwiSavers to buy farms. She explained she was seeking advice from the IRD on the matter, which is yet to be considered by Cabinet. NZ Herald Wellington business editor Jenee Tibshraeny weighed in on the debate. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Prime Minister is at Fieldays to discuss the tax break on equipment for farmers, new legislation on carbon farming, reducing emissions, and KiwiSaver options for those wanting to buy their first farm.See omnystudio.com/listener for privacy information.

The heat is on the agriculture minister to deliver this term on a pre-election promise to unlock KiwiSaver so it can be used to buy a first farm, and not just a house. At the moment if you have been contributing to KiwiSaver for three years you can withdraw almost all the money to buy a first home to live in, although there a few exceptions. Federated Farmers has launched a petition urging the government to losen the rules for accessing the retirement scheme saying it will turbo charge the next generation of farmers and deliver on a committment that Todd Mclay made during a meeting in Morrinsville. Agriculture Minister Todd McClay spoke to Lisa Owen.

There have been calls for the government to unlock KiwiSaver so the funds can be used to buy a first farm, not just a house. At the moment if you have been contributing to KiwiSaver for three years you can withdraw almost all the money to buy a first home to live in. Now, Federated Farmers has launched a petition urging the government to losen the rules for accessing the retirement scheme and have said it will turbo charge the next generation of famers. Federated Farmers Dairy chair, Richard McIntyre spoke to Lisa Owen.

Federated Farmers has launched a petition calling for KiwiSaver rules to be changed to help young farmers get their foot on the ladder. The petition's launch has been timed to coincide with Fieldays, where thousands of farmers, industry leaders and politicians will gather at Mystery Creek. Federated Farmers' banking spokesperson Richard McIntyre says farming is very capital intensive and young farmers need a boost in the name of fairness. "Kiwi farmers are really struggling to put that money aside and a lot of them are actually deciding not to put money into KiwiSaver and basically scrimp and save because they know they need all the money they can get to actually get their foot in the door." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Tim Beveridge is joined by Koura Wealth founder, Rupert Carlyon, to discuss the inner workings of a KiwiSaver fund and how to best use KiwiSaver. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Time is running out for KiwiSaver members to get an extra $521 in their accounts from the Government. From next year it will only be contributing about $260 or, in some cases, nothing at all. People will need to get in quick if they are to cash in on the final $500 payout. Money correspondent Susan Edmunds spoke to Lisa Owen about how to get this bit of "free money."

KiwiSaver providers are hoping public support for increased contribution rates could provide the incentive to push them higher still. Money correspondent Susan Edmunds spoke to Corin Dann.

This episode revisits my August 2022 conversation with Neil in Episode 69, A Financially Complicated Breakup. Now 52, Neil has lived in New Zealand for 20 years, working in IT since moving from the UK in 2005. He retained his UK property as a rental and began learning about personal finance around 2006. When KiwiSaver started in 2007, he joined up, and by our first chat, his KiwiSaver had grown to $200,000. After a previous long-term relationship ended with a fair asset split, Neil began to invest more and more in a range of ETF funds. A new relationship followed, and he became a father, but without a relationship property agreement in place, the eventual breakup led to a bitter legal dispute over money. Hearing his story offered a valuable male perspective on something I more often hear from women: lengthy, painful separations marked by financial and emotional strain. Often, there's already a financial imbalance, which becomes even more difficult when children are involved and time off work affects a woman's earning power. While I'm mindful this is only Neil's side of the story, I'm pleased to share that this challenging chapter ultimately ended well, and I hope the details provide insight and hope to others navigating similar situations.

Host Nigel Grant (Head of Wealth Product, ASB) is joined by Senior Economist Chris Tennent-Brown (ASB) to unpack two major events shaping New Zealand's economic landscape — the Reserve Bank's latest OCR decision and the Government's 2025 Budget. They explore how these announcements could impact interest rates, markets and mortgage rates — and what the KiwiSaver changes could mean for how investors plan, contribute and stay on track.

Big Truss Mahi Tuesday! What a week it was last week... Foot Locker Friday, Zac Lomax, Shifters outing their partners flaws... Like what other podcast has THAT much variety?... Just quickly Shifters, we missed it BUT on Friday it was out 500th Show... Exxxcuse you what, 500 episodes!? Let us know what your favourite moment has been so far! Sharesies Investment Management Limited is the issuer of the Sharesies KiwiSaver Scheme. The product disclosure statement (PDS) for the Sharesies KiwiSaver Scheme has been lodged, and may be viewed at sharesies.co.nz As part of the budget announcements, the Government has indicated that the default rate for employee contributions will move to 4% by 2028 and employers will be required to match that.  The boys discuss their thoughts on this and KiwiSaver Generally.  (Note the current minimum employee contribution rate for KiwiSaver is 3%  and you can contribute 3,4,6,8 or 10%. Employers are currently only required to contribute 3%.) Hit that link below to stay caught up with anything and everything TMS. ⁠⁠⁠⁠⁠⁠www.facebook.com/groups/3394787437503676/⁠⁠⁠⁠⁠⁠ Shop our TMS Merch here fam! ⁠⁠⁠⁠⁠⁠https://youknowclothing.com/search?q=tms⁠⁠⁠⁠⁠⁠ Thank you to the team at Chemist Warehouse for helping us keep the lights on, here at The Morning Shift... ⁠⁠⁠⁠⁠⁠www.chemistwarehouse.co.nz/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Send Us A Message! Let us know what you think.In this episode of the Property Apprentice Podcast, host Debbie Roberts, financial adviser and owner of Property Apprentice, breaks down the latest KiwiSaver changes announced in the government's May 22nd, 2025 Budget. Whether listeners are saving for their first home, planning for retirement, or simply trying to make sense of the updates, this episode delivers clear and practical insights.Here's what's covered:16- and 17-year-olds will now receive employer and government contributions to their KiwiSaver accountsThe default employee and employer contribution rate will increase from 3% to 3.5% in 2026, and to 4% by 2028The annual government KiwiSaver top-up will be halved from $521 to $260.72 as of July 1, 2025Individuals earning over $180,000 will no longer receive any government contributionsWhat these changes mean for savers and how they could affect long-term balancesWhy this is a great time to help teens start contributing to KiwiSaverTips on how to make the most of what's still availableDebbie encourages listeners to check out the updated KiwiSaver Calculator at www.sorted.org.nz to assess how the changes might impact their savings goals.Whether it's good news for young savers or a wake-up call for high earners, Debbie offers a balanced take on what the new rules mean for Kiwis — and how to adapt.

In this episode, we discuss the government's latest KiwiSaver changes … and how they could leave some Kiwis up to $96,000 better off by retirement.You'll learn:Why your KiwiSaver contribution will soon increaseHow much more your employer will need to pitch inWhy these changes benefit long-term investors (but won't help first-home buyers right now) Want a strategy that builds long-term wealth? Check out this guide on how to invest for retirement and make sure your KiwiSaver is pulling its weight.Don't forget to create your free Opes+ account here.For more from Opes Partners:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

A week after the government announced it would halve its annual contribution to the KiwiSaver of taxpayers, it's been revealed MPs may be receiving up to 20 percent contributions to their superannuation schemes. Taxpayers' Union executive director Jordan WIlliams spoke to Corin Dann.

The Government is tipping $200 million into getting a stake in an offshore gas field. Dan also discusses changes to KiwiSaver and the Government's investment boost scheme. And, the Reserve Bank meets tomorrow to decide on interest rates: a cut is expected, but what will follow is uncertain.

In Budget 2025, private schools will receive subsidies increasing the annual spend by $4.6 million a year, to $46.2 million. As well as this, the annual spend on charter schools will double to $57 million. ACT Party Leader, David Seymour, says that independent schools are an important part of New Zealand's education landscape that offers diversity of choice for parents. For our weekly catchup, News and Editorial Director and Monday Wire Host, Joel, spoke to the ACT Party's Simon Court about the additional support independent schools will receive, and how this will benefit the average taxpayer. They also discussed changes to Jobseeker and emergency benefits for 18-to-19 year olds, as those receiving this benefit will now have their benefit tested against their parents income. The move, which is set to come into effect in 2027, is estimated to impact almost 9000 young people. They also discussed changes to Kiwisaver, where the government will halve subsidies and increase employer contributions to a minimum of 4% from 3%. But first, they discussed the additional support for independent schools.

The Green Party is claiming the Government's budget has an uncosted hole of up to $714 million, coming from increased KiwiSaver contributions for public sector workers. Green Party co-leader Chlöe Swarbrick spoke to Ingrid Hipkiss.

In today's episode, Finance Minister Nicola Willis has defended the government's budget decisions including changes to Kiwisaver, saying most workers will end up with larger retirement savings, new sanctions marking the next phase of the government's Traffic Light welfare system, mean beneficiaries who fail to meet their obligations can have half their benefits restricted to being spent on essentials-only for a month, President Donald Trump said he wants the "names and countries" of every international student enrolled at Harvard University, and Auckland FC's dream first season is over after they were knocked out in the A-League semi-finals by Melbourne Victory.

Finance Minister Nicola Willis has defended the government's budget decisions including changes to Kiwisaver, saying most workers will end up with larger retirement savings. Willis spoke to Corin Dann.

'Don't just invest in stats and numbers, invest in us.' That's the message from a group of teenagers grappling with some of the decisions made by the government in this year's budget. They came together on Friday along with child advocates, researchers and other rangatahi to unpack the budget, with Kiwisaver, pay equity, employment and climate change all top of the discussion. Louise Ternouth reports.

In the year of growth, Nicola Willis has presented a growth budget. But does the Investment Boost initiative, which speeds up depreciation for businesses, promise the kind of growth that the economy needs? In this special Spinoff pod for budget day, Toby Manhire asks Bernard Hickey for his take on the headline changes, and whether or not David Seymour's earlier commentary that his colleague Brooke van Velden had “saved the budget” through its controversial and hurried changes to the pay equiry scheme, has been proven true. Plus: what are the cumulative impacts of the changes to KiwiSaver and Best Start, as compared to the SuperGold cohort? And how much did the global political and economic volatility influence the documents published today? Learn more about your ad choices. Visit megaphone.fm/adchoices

Nearly 13 billion dollars has been clawed back from pay equity changes over four years, the Government contribution to KiwiSaver has been halved, tweaks to BestStart payments have been made and a tax break for businesses. Finance minister Nicola Willis delivered what she calls a "responsible" budget - but Labour leader Chris Hipkins says its an austerity budget 'that's left women out'. Political reporter Lillian Hanly reports.

The amount the government adds to Kiwisaver accounts is being halved to a maximum of 260 dollars a year. People earning more than $180,000 a year will receive no government contribution at all from July. Reporters Louise Ternouth and Bella Craig hit the streets in Auckland to find how what people and business owners make of the changes. 

In its budget the coalition's clawed back money from three main areas - Pay equity, Kiwisaver and Best Start payments. The bulk of the 5.3 billion dollars saved - in fact about half of it - has come from the pay equity overhaul. 2.7 billion dollars a year, re-distributed to other priorities. Deputy Political reporter Craig McCulloch spoke to Lisa Owen.

The government is halving its contribution to Kiwisaver shifting the financial load onto business. The change will be phased. At the moment people over 18 can get up to $521 in government contributions if they contribute $1040 dollars per year themselves. That will drop to just over $260 of government contributions. People earning over a $180,000 a year will get nothing. Tax expert Terry Baucher spoke to Lisa Owen.

In the year of growth, Nicola Willis has presented a growth budget. But does the Investment Boost initiative, which speeds up depreciation for businesses, promise the kind of growth that the economy needs? In this special Spinoff pod for budget day, Toby Manhire asks Bernard Hickey for his take on the headline changes, and whether or not David Seymour's earlier commentary that his colleague Brooke van Velden had “saved the budget” through its controversial and hurried changes to the pay equiry scheme, has been proven true. Plus: what are the cumulative impacts of the changes to KiwiSaver and Best Start, as compared to the SuperGold cohort? And how much did the global political and economic volatility influence the documents published today? Learn more about your ad choices. Visit megaphone.fm/adchoices

Mary Holm talks to Jesse about the Government's changes to KiwiSaver in today's Budget.Go to this episode on rnz.co.nz for more details

In today's episode, the Finance Minister, Nicola Willis, has described the Budget as responsible, and what governments do to avoid austerity, Labour's Finance spokesperson says the government's changes to KiwiSaver will take money away from New Zealand's poorest workers, as part of the 2025 budget, the government will halve its yearly contributions, while minimum contributions for employers will lift to four percent in 2028, BusinessNZ is welcoming the new budget, saying it's credible and growth-oriented, and we cross the Tasman to get the latest from Kerry-Anne Walsh.

KiwiSaver changes announced in the Budget have captured a lot of attention. But will they leave us better off, worse off, or much the same? Money correspondent Susan Edmunds spoke to Ingrid Hipkiss.

The Retirement Commissioner says the changes in the new budget are great news for most KiwiSaver members. Retirement Commissioner Jane Wrightson spoke to Corin Dann.

Labour's Finance spokesperson says the government's changes to KiwiSaver will take money away from New Zealand's poorest workers. Labour Party's Finance Spokesperson Barbara Edmonds spoke to Corin Dann.

As part of the 2025 budget, the government will halve its yearly contributions, while minimum contributions for employers will lift to four percent in 2028. Simplicity Chief Economist Shamubeel Eaqub spoke to Ingrid Hipkiss.

Mary Holm talks to Jesse about the Government's changes to KiwiSaver in today's Budget.