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.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.