Why young Kiwis must reject compulsory savings

With both parties making noises about introducing a form of compulsory savings scheme, one thing is clear: young people in New Zealand are about to get the short end of the stick. Again.For years 20 and 30-somethings have watched as “smart growth” policies put in place by baby boomer politicians inflated house prices beyond our reach.Now, as a result of the mountain of debt accumulated by our parents selling leaky cardboard boxes to each other, politicians are starting to fret about New Zealanders' poor savings habits.

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