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KiwiSaver Bill

This Bill establishes the KiwiSaver scheme to encourage a long-term savings habit and asset accumulation by individuals who are not currently saving enough. Its aim is to increase financial independence, particularly in retirement. It is designed to complement New Zealand Superannuation.

Bill Events

Event Date Ayes Noes Abstentions
Royal Assent 7 Sep 2006
Third Reading 30 Aug 2006 Bill read a third time. Ayes 71
Labour 50
NZ First 7
Green 6
Maori 4
United F. 3
Progres. 1
Noes 48
National 48
-
In Committee 29 Aug 2006 Bill reported with amendment.

Report adopted.
Second Reading 24 Aug 2006 Bill read a second time. Ayes 67
Labour 50
NZ First 7
Green 6
United F. 3
Progres. 1
Noes 54
National 48
Maori 4
ACT 2
-
SC Reports 21 Aug 2006 The Finance and Expenditure Committee reported on this bill.
Submissions Due 28 Apr 2006
First Reading 2 Mar 2006 Bill read a first time.

Bill referred to the Finance and Expenditure Committee.
Ayes 66
Labour 50
NZ First 7
Green 5
United F. 3
Progres. 1
Noes 53
National 48
Maori 3
ACT 2
-
Introduction 27 Feb 2006

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