The Labour Party want New Zealanders to save more to help control inflation rate’s rather than leave it up to the Reserve Bank to do the job by controlling interest rates.
It’s suggesting forcing you to contribute to KiwiSaver – and increasing the levels of the contributions you’ll have to make.
For his assessment of this approach RadioLIVE's Marcus Lush is joined by Michael Littlewood Co-Director of the Retirement Policy and Research Centre at - Auckland University.
source: data archive