Can you just imagine...







Can you just imagine the amount of money that would be available if Kiwisaver was made compulsory. We would be back to the scenario we were getting to when Muldoon scrapped the old NZ Super Scheme. We would have a domestic fund for housing and not need so many bank mortgages. That is why Muldoon acted - complaints from the banking sector. If you are old enough you would remember the 1975 election Marching Cossacks adverts - about creeping socialism.. We would have had a pool of billions available to domestic businesses. Compulsion might be difficult, but use the carrot over the stick and make Kiwisaver really worthwhile.

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