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Brad Olsen: Infometrics Principal Economist on Nicola Willis revealing the Government will make its first withdrawal from the Super in 2028

Brad Olsen: Infometrics Principal Economist on Nicola Willis revealing the Government will make its first withdrawal from the Super in 2028

Heather du Plessis-Allan Drive · Newstalk ZB

May 13, 20253m 49s

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Show Notes

The Finance Minister has revealed the Government will will make its first withdrawal from the Super in 2028 - five years earlier than initially planned.

In the first year, $32 million will be withdrawn - but from 2031, withdrawals are expected annually.

Infometrics Principal Economist Brad Olsen explains why this is happening.

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Topics

businessmoneyeconomyNZ Super Fund