News

Budget 2008

22 May 2008

The Minister of Finance Hon. Dr. Michael Cullen today delivered his 9th consecutive budget.    The government is introducing a $10.6 billion programme of tax cuts from 1 October 2008, with further changes scheduled to take effects from 1 April 2010 and 1 April 2011.

KiwiSavers 'likely to opt for higher-risk options'

12 May 2008

Conservative funds will be ditched for higher-risk options as KiwiSavers adopt a more hands-on approach to investing in the scheme, say major providers.