Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Hawkes Bay Today / Business

KiwiSaver still good idea for nest egg

ROGER MORONEY
Hawkes Bay Today·
19 May, 2011 11:21 PMQuick Read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article

On the day before the Budget, Napier woman Adele Broadbent took the plunge and joined the KiwiSaver scheme.
Ms Broadbent is an author and works in book sales management with Beattie and Forbes.
Her husband and two sons had joined the savings scheme about a year ago, and she said she had
been thinking about joining "off and on" since then.
Twenty-four hours after joining, changes were announced which would see her annual tax credit halve from $1040 to $521, and her minimum contributions rise from 2 per cent to 3 per cent.
But she said it was still worthwhile.
"It stays your money and they still give you something for nothing," she said.
She accepted the Government needed to make some cost-saving changes in financial sectors.
"What's come out here in the Budget doesn't bother me at all."
She also agreed with Finance Minister Bill English that the minimum 3 per cent contribution was still affordable. "I don't think that's too bad."per cent
•

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save
    Share this article

Latest from Business

Business

Two Woolworths face off in Napier, and no one’s saying why

29 Sep 08:56 PM
Hawkes Bay Today

'Feels like extortion': Kitchen Things customers asked to stump up thousands more for purchased items

24 Sep 11:42 PM
Hawkes Bay Today

Pan Pac to cut 20 roles in Hawke’s Bay restructure

24 Sep 06:00 PM

Sponsored

Poor sight leaving kids vulnerable

22 Sep 01:23 AM
Advertisement
Advertise with NZME.

Latest from Business

Two Woolworths face off in Napier, and no one’s saying why
Business

Two Woolworths face off in Napier, and no one’s saying why

The two supermarkets sit diagonally opposite each other in central Napier.

29 Sep 08:56 PM
'Feels like extortion': Kitchen Things customers asked to stump up thousands more for purchased items
Hawkes Bay Today

'Feels like extortion': Kitchen Things customers asked to stump up thousands more for purchased items

24 Sep 11:42 PM
Pan Pac to cut 20 roles in Hawke’s Bay restructure
Hawkes Bay Today

Pan Pac to cut 20 roles in Hawke’s Bay restructure

24 Sep 06:00 PM


Poor sight leaving kids vulnerable
Sponsored

Poor sight leaving kids vulnerable

22 Sep 01:23 AM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP