ryan bridge complaint...

 AM cohost Ryan Bridge stated on Am, Thursday 1st September 2022 that the NZ Government Cabinet made the decision to introduce a tax on your retirement savings.

Clearly that is a false statement because Cabinet did not agree to introduce a tax on any New Zealander's retirement savings.

Instead Cabinet agreed to propose a law change that would "even up the playing field" so that all Fund Management Providers would play GST on their service fees.

An increase to service fees is not a tax on retirement savings or contributions.

Instead a Fund Management company may choose NOT to pass on the costs so it is wrong for Ryan Bridge to refer to a tax on retirement savings.

It's important Discovery Inc do not conflate an optional fee increase by Fund Managers with a Cabinet decision to introduce a tax on retirement savings but this is exactly what Mr Ryan Bridge has done on AM today.

Clear distinctions exist between a tax on KiwiSaver contributions ( retirement savings ) versus - applying GST to the service fees of Managed Fund companies.

Such distinctions were made in NZ Parliament by the Prime Minister and by other media on Wednesday 31 August 2022, the day before Ryan Bridge chose to make these misleading and false statements.

Therefore the remarks made by Ryan Bridge on AM are likely to be deliberate misinformation ( disinformation ) because there was an abundance of awareness in the public domain in the 24 hours before Mr Bridge made his misleading statements.

The Broadcasting standard breached is accuracy.

This was clearly misinformation and probably disinformation.

I object to Ryan Bridge making false misleading claims on AM that the NZ Government Cabinet introduced a tax on the retirement savings of New Zealanders and I wish to take this matter to the BSA if it is not addressed satisfactorily by Discovery Inc in the first instance.

Yours sincerely