Budget 2025: Changes to KiwiSaver

KiwiSaver employee and employer default contribution rates rise from 3% to 3.5% starting 1 April 2026, with a further increase to 4% from 1 April 2028. From 1 February 2026, KiwiSaver members can apply for a rate reduction to 3% (which will then also apply to the employer contribution). The period of the rate reduction […]