What did NZ do with the trillion dollars we could have had in retirement savings?

Roger Partridge
NZ Herald
27 November, 2025

A familiar lament has resurfaced in recent weeks: that Robert Muldoon’s decision to cancel Norm Kirk’s 1975 compulsory superannuation scheme cost New Zealand a trillion-dollar nest egg.

The Government’s weekend signal of higher KiwiSaver contributions has given that argument new life, encouraging some to reach again for the comparison.

To read the full article on the NZ Herald website, click here.

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