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Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: We're not going far enough with superannuation changes
Description: Quite a well-known chief executive and finance guy told me once that, in business, you should always make use of other people’s money first. Which is exactly what the Government is doing with the KiwiSaver changes announced in yesterday’s budget. It wants more of our money going in from our wages and salaries and less of its money going in through government contributions. Although, that’s our money too when it comes down to it. But the gist is, the minimum contributions are going to increase from 3 percent to 4 percent and the bi...