Kiwisaver? That's the actual name of the program? Oh man, that's great! Kiwisaver!
Anyway our government is well on the way to rewarding the failure of our no-account auto industry. It is really more of a gigantic bribe for the autoworker's union. If it passes, I will be expecting a free car, and if I don't get one I intend to steal one GM car, one Ford and one Chrysler off of the lot.
The .gov has also doled out hundreds of billions of dollars to banks and lenders. This makes slightly more sense than the auto industry bribe out... er, bailout, because banks lend money to everyone else and are the engine of the economy. However, the government is not making sure that the money is being used as intended. Basically we have no idea what they are doing with our money. That is an admission by the GAO, which is itself a government agency.
http://online.wsj.com/article/SB122891702630494623.html