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This is what the Death of Cheap Labour Means / News of the Money-World #48

NZ Everyday Investor

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What's Going on With Kiwi Saver?

Women on average have 20% lower Kiwi Saver balance than men. A significantly larger portion of women have Kiwi Savers balances under $10,000. Rupert Murdoch has launched a request to the government such that he can share his Kiwi Saving contributions with his wife. This will now appear to have her own financial freedom,. She can take control of her own kind of KiwiSaver and enable her to make the decisions that make sense for her rather than coming to have to ask me for money or ask him for things like that.

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