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Michael Cullen

KiwiSaver Numbers Pass 300,000 Mark

The number of people joining KiwiSaver continues to defy initial expectations with more than 316,000 New Zealanders signing up in just the first five months, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said in a joint statement today.

People Fear Living Expenses Squeeze As A Result Of KiwiSaver

By Alister Thomson of NZPA Wellington, Oct 24 NZPA - A study of 508 workers found half expected to join KiwiSaver, but feared they would have difficulties paying their household expenses as a result.

KiwiSaver Enrolments Pass 200,000 Mark

KiwiSaver enrolments have broken through the 200,000 mark in the first three months of the scheme's operation, the Government said today.

New Zealanders Want Tax Cuts But Not At The Cost Of Social Services

Wellington, Oct 5 NZPA - Listen up Michael Cullen - nearly eight out of every ten New Zealanders want a personal tax cut, according to research commissioned by the New Zealand Business Council for Sustainable Development. But there was some respite for the finance minister who has held

Companies Abusing PIE Rules to Avoid Tax: Govt

Wellington, Sept 5 NZPA - The Government is moving to close a loophole which it says enables land-owning companies to abuse new investment rules to avoid tax . Changes to the PIE (portfolio investment entity) rules introduced last year, will come into force in October.

Minister Announces New Disclousure Rules For KiwiSaver Schemes

Finance Minister Michael Cullen and Revenue Minister Peter Dunne said people enrolled in the schemes had the right to know about the environmental and social credentials of the investments made on their behalf.

KiwiSaver Uptake About 130,000, Cullen Says

About 130,000 people have so far enrolled for the KiwiSaver scheme, Finance Minister Michael Cullen told Parliament today.

Employers Claim They Were Ambushed Over KiwiSaver Changes

A business lobby group say employers were "ambushed" by changes to the KiwiSaver scheme which will create industrial unrest for years to come.

100,000 KiwiSaver Investors By The End Of This Month - Cullen

Finance Minister Michael Cullen says he is "absolutely certain" there will be more than 100,000 people enrolled in the KiwiSaver scheme by the end of this month.

Early Indications KiwiSaver Is Exceeding Expectations

The number of people signing up to the KiwiSaver appears to be far exceeding the Government's expectations.

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