KiwiSaver withdrawal rule changes driven by anecdotes, farmers’ lobbying rather than evidence, MBIE report says

KiwiSaver withdrawal rule changes driven by anecdotes, farmers’ lobbying rather than evidence, MBIE report says

Ministers Nicola Willis and Scott Simpson pushed the policy without public consultation.

So, it said it would allow farmers to use companies, trusts, or partnerships (provided they have majority ownership and control of the entity used to make the purchase) to buy their first homes on fa… [+3659 chars]
KiwiSaver withdrawal rule changes driven by anecdotes, farmers’ lobbying rather than evidence, MBIE report says - FHMnews