Wednesday, 9 July 2008

Labour says National will dump Kiwi Saver

ONE NEWS: There is yet another hint that the KiwiSaver retirement scheme will change under a National Government.

Labour claims National MP Shane Ardern let it slip to a community newspaper that small businesses may be given some relief in terms of future employer contributions to their workers' schemes.

National says the MP doesn't speak for the party.  But the Prime Minister says this is another revealing slip-up.

"KiwiSaver they have always opposed, and we've never believed that in their hearts, that they had any intention if they were elected of preserving it," says PM Helen Clark.

Seven hundred thousand New Zealanders are currently signed up to KiwiSaver.

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