The Panel Plus for 8 December 2025

An extra half hour of The Panel with Wallace Chapman, where to begin, he's joined by Nights host Emile Donovan. Then: it's been billed as the biggest mistake a New Zealand politician has ever made. In 1975 Robert Muldoon, newly elected to power, scrapped the previous Labour government's plan to start a compulsory saving scheme; in parts very KiwiSaver-like. It's estimated the collective KiwiSaver kitty would now hold $750 million dollars. Why did he do it and what happened during this pivotal moment in our history?