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Greg Smith

πŸ‘€ Speaker
1199 total appearances
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Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

And we just go around asking people, how much is in it?

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Do you think it's enough?

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Get that conversation going.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

It's not about trying to embarrass people or anything like that or people sort of upstanding themselves.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

It's just, yeah, and they go, oh, my God, yeah.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Do you think there'll be enough for retirement?

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

The general, you know, people are getting better prepared for retirement, but, you know, it was still not, I think it was still not perfect just yet.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

But, yeah, that awareness has certainly grown.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

and that's why you know um they get their superannuation there's probably a bit of misunderstanding there and it's not gonna it's not gonna be enough it was you're quite right the the onset of it was and you know i've seen plenty of talks and um superfund over the years is the baby boomer sort of uh yeah i suppose gap that we've got in terms of sort of time and that's going to be needed in the next sort of few years right so

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

To date, the sub fund hasn't paid government dividends.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

There hasn't been a distribution.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

So, yeah, it's just investing and investing quite well.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

But there has been no benefits as yet in terms of a distribution.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

But that will be a part of the solution, but certainly not the partial one.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Just like...

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

There's uncertainty over NZ Super.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Is the age going to go up?

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Will it even be around in 10 to 20 years' time?

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

Yes, and then we also have the Super Fund.

Keep The Change
NZ Budget 2026: What Every Kiwi Needs To Know

which will help.