18 Aug 2025

Is your KiwiSaver invested in weapons companies?

From Nights, 8:10 pm on 18 August 2025

The amount of KiwiSaver money invested in weapons companies has increased 40.9 percent this year, a responsible investment platform says.

Mindful Money chief executive Barry Coates said many New Zealanders might be unpleasantly surprised that their money was being invested in companies producing weapons that could be used in conflicts such as those in Gaza or Ukraine.

He speaks to Emile Donovan,

The TOS-1 Solntsepyok (Blazing Sun) multiple thermobaric rocket launcher shoots during a demonstration of its running and firing capabilities at the ARMY 2020 International Military and Technical Forum at the Patriot Park, in Alabino, Moscow region, Russia.

Photo: Sputnik via AFP