Union accuses National of $4.5b funding gap in KiwiSaver policy | Stuff.co.nz

Union accuses National of $4.5b funding gap in KiwiSaver policy | Stuff.co.nz <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":1,"label":"Government deficit explained","summary":"The government is reporting a smaller deficit this year due to higher tax revenue and lower spending."},{"timeSeconds":21,"label":"National's KiwiSaver policy launch","summary":"National leader Christopher Luxon presents the party's KiwiSaver policy, which aims to increase contributions to 12% by 2032."},{"timeSeconds":43,"label":"Union accuses National of funding gap","summary":"The Public Service Association claims National has a $4.5 billion funding gap in its KiwiSaver policy."},{"timeSeconds":54,"label":"Finance Minister defends policy","summary":"Finance Minister Nicola Willis states the government has planned for increased employer contributions to KiwiSaver and will manage within the budget."},{"timeSeconds":116,"label":"IMF warns on public services","summary":"The IMF warns that relying solely on expenditure restraint could impact the quality and delivery of public services."},{"timeSeconds":138,"label":"Government's fiscal plan","summary":"The government has outlined a plan to return to surplus and reduce debt, including cutting 9,000 public service roles."},{"timeSeconds":147,"label":"IMF's advice on fiscal strategy","summary":"The IMF advises the government's fiscal strategy should be ambitious and include expenditure-based consolidation, with potential measures like capital gains tax."},{"timeSeconds":200,"label":"Deputy PM on economic growth","summary":"Deputy Prime Minister David Seymour suggests either more taxes or a more efficient government are needed to address the fiscal gap."}]} <!--/mynz:youtube-chapters-->