KiwiSaver contribution reminder 2025

This is a friendly reminder to make sure you have contributed at least $1,042.86 to your KiwiSaver account since 1 July 2024 so that you can receive the full government contribution of $521.43 for the current year

Note, the contribution period is from 1 July 2024 to 30 June 2025.

Now is a great time to top up your balance so that you don’t miss out on free money from the government.

The contribution deadline to receive the maximum government contribution this year is 30 June 2025. To ensure IRD receive this money in time, please make your contributions by Friday, 20 June 2025.

If you’re not sure how much you have contributed to your KiwiSaver this year, here’s how you can find out:

• Login to your KiwiSaver provider’s website and check your regular and lump sum contributions made since 1 July 2024.

• Login to myIR and check your contributions.

• Get in touch with us by sending an email to info@trilogyfs.co.nz and asking for your KiwiSaver contributions amount.

To make a voluntary contribution, you can transfer money to your KiwiSaver provider or contact us and we would be happy to assist.

In the Budget announcement, released 22 May 2025, there have been a few changes made to KiwiSaver including changes to the government contribution. These changes will take effect from July 1 2025. The changes will not affect the government contribution for the current year, which will be paid out in July and August 2025.

The benefits of dollar-cost averaging

Dollar-cost averaging is an investment strategy that involves investing the same amount of money at regular intervals over a certain period of time, regardless of price.

The benefits of dollar-cost averaging include:

• Can reduce the overall impact of price volatility. By investing a fixed amount regularly, investors can average out their purchase price over time.

• May lower the average cost per unit. By buying regularly, investors buy more shares at lower prices and fewer shares at higher prices.

• It builds the habit of investing regularly over time. By taking the emotion out of investing, you no longer have to be concerned about the best time to invest and it helps you avoid the pitfalls of market timing.

  
  

If you're on a salary and contributing to KiwiSaver, you're already naturally employing a dollar-cost averaging strategy with your regular contributions. This also applies if you’re self-employed and have regular (i.e., weekly, fortnightly, monthly) contributions set up.

If you have a lump sum that you would like to invest, a dollar-cost averaging strategy may be a prudent approach. Give us a call at 09 553 8928 or email us at info@trilogyfs.co.nz, and we would be happy to discuss if this is the best option for you.

Global market update

United States

• The S&P 500 is trading at about 5% below its all-time high after a swift five-week recovery, despite ongoing concerns about tariffs, a recent Moody’s downgrade of US government credit, and questions about the sustainability of the rally; major tech stocks continue to lead gains.

  
  

New Zealand

• The NZX 50 rose about 6.9% in the past month, supported by positive sentiment from US-China tariff reductions and strong performances from companies like Sanford, Mainfreight, Fonterra, and Auckland Airport; however, retail spending was flat in April and net migration has dropped sharply year-on-year.

• 2025 Growth Budget includes a $577 million boost for the film industry, over $600 million for rail upgrades, and a new $190 million Social Investment Fund, signaling a government focus on infrastructure and social services.

Australia

• The ASX 200 rose about 0.7% in the past week but is expected to lower following a Wall Street selloff driven by rising Treasury yields and deficit fears; energy stocks may face pressure from falling oil prices, while gold stocks are buoyed by a rise in gold prices amid a weaker US dollar and geopolitical uncertainty.

• The IMF has downgraded Australia’s growth outlook for 2025, citing global trade tensions and domestic economic uncertainty, though global growth remains above recession levels

Asia

• Asian markets are experiencing renewed optimism thanks to a significant de-escalation in US-China trade tensions, which has boosted global indices and investor appetite for smaller and emerging companies, particularly in sectors outside the traditional market leaders.

Europe

• European markets have remained volatile in May, driven by ongoing macroeconomic uncertainty and concerns over global trade tensions. UK government borrowing costs have risen, with 10-year gilt yields increasing amid fiscal pressures and cautious investor sentiment. This environment has led to a defensive stance among investors, weighing on market confidence and prompting companies to revise earnings expectations.