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flag New Zealanders support KiwiSaver rate hikes, but government cuts credit to contributors.

flag New Zealand's KiwiSaver scheme sees 61.2% public support for increased contribution rates, set to rise to 3.5% next April and 4% the following year. flag However, the government will halve its credit to contributors, offering a max of $260.72. flag Providers and experts advocate for a long-term strategy and potential tax adjustments to further incentivize savings. flag The Australian model of gradual increases is suggested as a possible approach.

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