BIG NEWS

Sunday, December 02, 2007

AussieSaver


Well we have the Terrorism Suppression Act than nobody can interpret, the Electoral Finance Bill that is being patched up by the week, and now we hear that Aussies who visit here can join KiwiSaver and get the $1000 kickstart subsidy. That's because all Aussies are entitled to be New Zealand residents automatically and therefore qualify when in the country. Even better, they can apply online. That should make a good story in the Sydney Morning Herald.

The Government is to close the loophole - to take effect in about six months. Does that mean that Aussies who enrol for KiwiSaver can also be eligible for the $5000 first home loan?
Scoopit!

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