The Compliance costs of the Kiwisaver Scheme

Sue Yong, Noel Cox

Research output: Chapter in Book/Report/Conference proceedingConference Proceeding (Non-Journal item)


The New Zealand KiwiSaver scheme is a work-based retirement scheme, anindividualised savings account managed by the private investment providers.KiwiSaver will cost taxpayers an estimated $3 billion over four years beginning 1July 2007. The cost includes hiring of additional Inland Revenue Department (IRD)staff, and administration and financial incentives granted to employees andemployers. Employers, IRD and the investment providers will absorb the increasedongoing administration costs. The long-term survival of the scheme is dependent onthe costs of the scheme, for taxpayers, Government, employees and employers, beingmanageable.
Original languageEnglish
Title of host publicationAccounting and Finance Association of Australia and New Zealand/International Association for Accounting Education and Research Conference 2008
Place of PublicationSydney
Publication statusPublished - 31 Aug 2008


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