Early Edition with Kate Hawkesby

Labour's defending its claim the Government's Kiwisaver changes steal 66-thousand dollars from a young person's retirement savings. The Government's halving its yearly contributions, and bringing in a cap at incomes of 180-thousand. Default employer and employee contributions will also rise to four percent. The party's finance spokesperson Barbara Edmonds told Ryan Bridge halving the Government's contribution will have a big impact. LISTEN ABOVESee omnystudio.com/listener for privacy information.