KiwiSaver Government contribution
Free money? Yes please!
Don’t miss out on giving your KiwiSaver account an extra boost with up to $521 from the Government while you still can.
Budget 2025 changes
From 1 July 2025, the Government contribution will drop to 25c for every dollar you contribute, up to a maximum of $260 each year. It will also only be available for members earning under $180,000. Contribute before 30 June 2025 to make the most of the $521. Read about Preparing for KiwiSaver changes.
Please note the information below remains correct for the current Government contribution year 1 July 2024 – 30 June 2025.
Annual cut-off date
If you plan to contribute to your KiwiSaver account, do it by 30 June for it to be counted towards the current Government contribution year. It's also worth reviewing the timing of any direct debit or automatic payments to make sure these are received before then.
What is the Government contribution?
If you’re eligible, the Government will contribute 50 cents for every dollar you contribute to your KiwiSaver account, up to a maximum of $521.43 each year.
The Government contribution is calculated based on your employee and voluntary contributions— between 1 July to 30 June each year.
It’s paid directly into your KiwiSaver account, usually by the end of August. Employee and voluntary contributions received after 30 June will be counted towards the next KiwiSaver Government contribution year.
How to maximise the Government contribution
If you’re employed, earning at least $35,000 per year and contributing at least 3% of your salary or wages, you should qualify for the maximum Government contribution automatically.
If you’re not contributing from your salary, or if your contributions may not reach $1,042.86 by the end of June, there are a number of ways you can top up your own contributions to get the maximum each year:
- Increase your contribution rate
- Make small regular voluntary contributions
- Make one or more lump sum contributions.
It’s a good idea to set up automatic transfers so you don’t forget.
Use our Government contribution tracker
Track your progress towards receiving the full amount you’re eligible for.
If you joined before 1 July, our Government contribution tracker will show:
• How much you’re on track to receive
• How much more you need to contribute to unlock the full $521.43.
To find it, log in to the ANZ goMoney app or Internet Banking, select your KiwiSaver account, and scroll to the Government contribution section.
Who is eligible?
You're generally eligible for the annual Government contribution if you:
- Are aged 18 to 64
- Contribute to your KiwiSaver account, and
- Mainly live in New Zealand.
You won't be eligible for the Government contribution if you make a life-shortening congenital conditions withdrawal.
Part-year eligibility
You can still get part of the Government contribution if during the year 1 July to 30 June you:
- Turned 18
- Turned 65
- Joined KiwiSaver for the first time (and are aged 18 to 64).
The calculation of the Government contribution you can get will be based on the number of days in the year you were eligible. For more information about how this is calculated, see our part-year eligibility case studies.
How to make a contribution
Payment from a non-ANZ bank account
Remember to include your surname, date of birth and investor number (or ANZ customer number) in the payment details so we can credit your KiwiSaver account with the amount you contribute.
OneAnswer KiwiSaver Scheme: OneAnswer KiwiSaver Clearing Account 01-0102-0952731-01
ANZ KiwiSaver Scheme: ANZ KiwiSaver Clearing Account 01-0102-0952766-01
ANZ Default KiwiSaver Scheme: ANZ Default KiwiSaver Clearing Account 01-0102-0952803-01
Tip: You can check which KiwiSaver scheme you’re in by logging into ANZ Internet Banking or the ANZ goMoney app, checking your account statements or letters you’ve received from ANZ Investments, or by getting in touch.
Need some help?
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Important information
ANZ New Zealand Investments Limited is the issuer and manager of the OneAnswer KiwiSaver Scheme. Download the guide and product disclosure statement or ask at any branch.
ANZ Investments is not an authorised deposit taking institution (ADI) under Australian law and investments in each scheme aren’t deposits in or liabilities of ANZ Bank New Zealand Limited, Australia and New Zealand Banking Group Limited, or their subsidiaries (together ‘ANZ Group’). ANZ Group doesn’t stand behind or guarantee ANZ Investments. Investments in the schemes are subject to investment risk, including possible delays in repayment, and loss of income and principal invested. ANZ Group won’t be liable to you for the capital value or performance of your investment.
This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure