The Government has highlighted issues within the KiwiSaver Act that have prevented a number of Kiwis from using their accounts to buy a home.

Many workers in rural areas, like farm workers, rural police and teachers, are often required to live in housing provided by their employer - which stops them from being able to withdraw their KiwiSaver for a first home as they're unable to live in it.

These issues have also stopped farmers from being able to purchase their own farm as it's not covered by current legislation.

Changes announced this morning would remove those barriers.

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A joint US–Israeli strike on Iran overnight has triggered retaliatory missile attacks from Tehran, raising fears of a wider regional escalation.

Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in the strikes - a claim Iran denied until half an hour ago, with officials saying he was “safe and sound” and “actively commanding the field”.

International reaction has been mixed, with some governments condemning the strikes, others urging restraint, and many calling for urgent diplomatic talks.

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On Saturday Donald Trump announced a 10% levy on all goods coming into the US in response to the Supreme Court ruling his other tariffs unconstitutional.

The new global tariffs were updated to 15% on Sunday.

Economist Cameron Bagrie joined Tim Beveridge to talk about the implications for kiwi businesses.

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