National·Party policy·Election 2026 policy

Compulsory KiwiSaver for all workers

What it actually does

If re-elected, National would require everyone in work to contribute to KiwiSaver or an equivalent scheme from 1 July 2028, with employee and employer default rates each rising to 6% by 2032. The package also includes automatic enrolment and a $1,500 payment for babies born from July 2027, and a government top-up for parents on paid parental leave.

Source: national.org.nz · 2026-06

The Trump take

“Forcing everybody to save? Very bossy, very European. But a $1,500 baby bonus and a trillion-dollar fund? I'd call it the Trump Baby Account. Tremendous branding opportunity, frankly.”parody

Why it scored this way

  • Red tape

    A new mandate on every worker and employer

    -1

    Dislikes it

  • Welfare

    Government cash for newborns and parents looks like a handout

    -1

    Dislikes it

  • Deals & property

    A giant pile of money flowing into investment funds

    +1

    Likes it

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