John Berry: Kiwisaver provider Pathfinder's CEO says GST tax tidy up is quite brutal

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Recorded30 Aug 2022

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An attempt to tidy up the GST charged on different investment products. The Government is planning to impose GST on Kiwisaver fees, which will give it an extra $225 million a year. Kiwisaver provider Pathfinder's Chief Executive John Berry told Kate Hawkesby unfortunately for investors, the tidy up is quite brutal. Modelling suggests it will raise fees and mean $103 billion fewer saved in accounts by 2070. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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