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August 30, 2022 4 mins

The Government has u-turned on a proposal to tax fees on KiwiSaver funds.

The proposal would have forced managed funds and KiwiSaver providers to pay a flat 15 per cent GST on fees.

Murray Harris, head of KiwiSaver at Milford Asset Management, said the government's change of stance was "sensible".

"Clearly this has engendered a lot of debate."

Newstalk ZB Political Editor Barry Soper joined Simon Barnett and James Daniels to discuss.

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