kiwisaver

Categories under kiwisaver

  • No categories

Cluster f*&k on cluster bombs

Written By: - Date published: 9:34 am, August 19th, 2016 - 64 comments

The Government is refusing to accept there are legal issues with Kiwisaver providers investing in manufacturers of cluster bombs.  But it is also not ruling out there may be a problem.

Check your Kiwisaver

Written By: - Date published: 12:30 pm, August 18th, 2016 - 21 comments

An excellent piece by Matt Nippert, Caleb Tutty, Olivia Carville in The Herald is generating a lot of discussion this morning. Are you unknowingly investing in tobacco and munitions?

We’re going to burn it all, until we burn it down.

Written By: - Date published: 12:11 am, May 20th, 2016 - 173 comments

What does it really mean to reduce NZ’s total fossil fuel use by 50% by 2030: a warm up discussion for an upcoming thought experiment.

Laundering earnings vs laundering money

Written By: - Date published: 4:49 pm, May 13th, 2016 - 35 comments

When a corporation launders its earnings in a tax haven, it is completely upfront about where the money came from and who it belongs to, which differentiates the activity from “money laundering.”

The great big list of John Key’s big fat lies (UPDATED)

Written By: - Date published: 7:00 am, January 27th, 2016 - 76 comments

How many more lies will John Key tell today in his so-called State of the Nation address? Virtual chocolate fish to whomever guesses the closest number.

Another #Keyfib about Kiwisaver

Written By: - Date published: 8:27 am, July 10th, 2015 - 42 comments

The treasury release of budget policy advice suggests that John Key’s claim that changes to Kiwisaver would not have any effect on participation numbers was, ahem, erroneous.

Destroying a savings culture

Written By: - Date published: 10:51 am, June 25th, 2015 - 36 comments

Key: “The removal of the $1,000 kick-start contribution will not make a blind bit of difference to the number of people who join KiwiSaver.” Wrong. Completely and utterly wrong.

The myth of “Retirement Savings”

Written By: - Date published: 10:18 am, June 9th, 2015 - 101 comments

Advocates of Kiwisaver and other funded “retirement savings” schemes perpetuate the fundamental misunderstanding that “conventional” in New Zealand’s case “neo-liberal” economists, speculators, finance companies, politicians and those with a lot of share holding wealth in non-productive enterprises like to perpetuate.

Auto Kiwisaver

Written By: - Date published: 11:54 am, May 29th, 2015 - 60 comments

Nice to see English acknowledging the importance of Kiwisaver – thanks Michael Cullen, thanks Helen Clark! I certainly support default enrollment. But – isn’t this Big Government Nanny State Gone Mad?

Superannuation and Government forecasts

Written By: - Date published: 9:31 am, May 25th, 2015 - 197 comments

National has again refused to consider doing anything about the future of Superannuation.  Yet its policies of increasing Crown debt, stopping contributions to the Cullen Fund and attacking Kiwisaver have made a discussion about the future of superannuation more important than ever.

Media response to Labour’s Monetary Policy Upgrade

Written By: - Date published: 2:32 pm, May 2nd, 2014 - 105 comments

The response to Labour’s Monetary Policy upgrade has been overall very good and it has dominated the policy debate at the same time as a series of scandals start to circle around the National Party.

KiwiFund: nationalisation or competition?

Written By: - Date published: 8:05 pm, October 21st, 2013 - 61 comments

Winston Peters’ KiwiFund proposal would nationalise KiwiSaver.  Russel Norman supports it, but in competition with private schemes.  Cunliffe is open to negotiation.  Key is dismissive, but says Peters is so untrustworthy he is likely to back down & form an alliance with National anyway.

It’s not us: it’s the big banks

Written By: - Date published: 10:01 am, April 29th, 2013 - 30 comments

MSM articles show the big Aussie banks are making record profits, Kiwis can save, and Adam Smith worshiping think tanks are not to be trusted. Cunliffe & Norman said it a while back – NAct policies and government spending cuts are not the answer.

Dithering Nats

Written By: - Date published: 10:42 am, April 1st, 2013 - 49 comments

Changes to the tax rules that kick in today reverse two decisions made earlier by the government. Dither dither dither.

Greens go red, Labour goes green

Written By: - Date published: 10:08 am, November 7th, 2011 - 67 comments

We live in a time of inter-related crises of the environment and the capitalist economic system. So, I guess it’s not surprising to see Labour becoming more environmentally aware at the same time as the Greens propose economic policies that would normally be out of Labour’s playbook. Don’t worry about them becoming too alike, welcome the solid platform for a new government.

Labour’s savings & retirement policy

Written By: - Date published: 6:37 am, October 28th, 2011 - 99 comments

Well, they said they were going to run this campaign on policy and make the bold moves, and Labour proved that with their savings policy. National is been left floundering. Brand Key is unraveling while Labour starts to dictate the play for the first time since Orewa. But the substance of the savings policy wants a closer look, it has both good and bad aspects.

Compulsory Kiwisaver?

Written By: - Date published: 7:14 am, August 4th, 2011 - 39 comments

Good to see the government considering a move that would significantly boost KiwiSaver uptake – even if it does highlight their ideological inconsistency!

Happy Birthday KiwiSaver

Written By: - Date published: 7:07 am, July 4th, 2011 - 2 comments

John Key’s government celebrated KiwiSaver’s 4th birthday on July 1 with cuts to your entitlements. (Zet mentioned this here, but this is my take…)

Happy Kiwisaver Cuts Day

Written By: - Date published: 1:16 pm, July 1st, 2011 - 26 comments

From today, the government’s contribution to your Kiwisaver has been cut in half. ‘What?’, you say, ‘Didn’t they say that would only come in if they got re-elected?’ Yeah, nah. They were lying to you. From today on, the government contribution is a maximum of $10 a week. Remember, this was the central plank of National’s savings budget.

Encouraging savings the National way

Written By: - Date published: 8:53 am, June 12th, 2011 - 15 comments

Amongst the many vacuous claims made in relation to the last budget, the claim that cuts to KiwiSaver would encourage savings always struck me as the dumbest.  Now the facts are in, and guess what…

So much for seeking a mandate

Written By: - Date published: 10:56 am, May 26th, 2011 - 15 comments

Remember when John Key was promising that he would seek a mandate from the people at the election before starting to sell public assets and cutting Kiwisaver. It was only a week ago. And he’s breaking his promises already: the Kiwisaver cuts actually kick in on July 1, and the privatisation process is underway.

Key’s dodgy scheming

Written By: - Date published: 12:00 pm, May 25th, 2011 - 22 comments

*Key says that we will get to vote on his Kiwisaver cuts in the election. Truth is, they passed the law last week and the tax credits are cut from July 1. *What’s up with the dodgy Kiwibank numbers? Plans for sale? *The govt is importing World Cup workers while 270K are jobless. *Key’s jokes falling flat with pissed off voters.

National reforms Kiwisaver – again

Written By: - Date published: 9:31 am, May 12th, 2011 - 25 comments

John Key has announced National’s third reform of Kiwisaver in 3 years, saying the government’s contribution will be cut and made up with higher minimum contributions from members and their employers. It’s an embarrassing flip-flop from the government that cut default contribution rates and shows no plan for the future.

They cut, we pay

Written By: - Date published: 7:44 am, May 11th, 2011 - 49 comments

The Nats have run this country into the ground and say there’s no option but to slash Kiwisaver. The actual cuts they announce will be less than foreshadowed, and we will then be expected to be grateful. It’s the Nats’ old trick. But the reality is there’s no need for Kiwisaver cuts at all. Not while the rich keep the tax cuts National gave them.

Taking from Kiwisavers & giving to the rich

Written By: - Date published: 6:32 am, May 10th, 2011 - 81 comments

John Key has confirmed he intends to slash Kiwisaver to the bone by cutting the up to $1040 a year government contribution you get as a member. Of course, this is the savings budget according to National’s spin. They’re going to ‘encourage’ savings by taking that money from Kiwisaver and giving it to rich individual savers. It’s just more class war.

The Shock Doctrine

Written By: - Date published: 11:31 pm, March 1st, 2011 - 141 comments

I’m really pissed off that politics has come into the Christchurch earthquake so quickly. But make no mistake, the Nats are pursuing a strongly ideological agenda. They’re using the quake as cover for radically cutting important policies and making other extreme decisions, while preserving the tax cuts for the rich. It’s called the Shock Doctrine.

Brethren taking subsidies for illegal discrimination

Written By: - Date published: 10:16 pm, January 13th, 2011 - 64 comments

Another great piece of work from I/S at No Right Turn: “the Exclusive Brethren have set up their own KiwiSaver scheme… The scheme will only be offered to members of the cult. This is, of course, illegal.” They’re trying to take taxpayer money for a business that illegally discriminates on the grounds of religion. It must be stopped.

Killing the golden geese

Written By: - Date published: 9:26 am, October 16th, 2010 - 42 comments

National is developing an agenda for privatisation.  It’s crazy.  State owned assets are generating some rare bright spots in an otherwise dismal sea of poor economic news.  So why would any rational government sell ACC (or other state owned assets)?  Why would any rational government be cutting back on the Cullen Fund?  Why are the Nats determined to kill the golden geese?

Compulsory super savings welcome but…

Written By: - Date published: 10:07 am, August 16th, 2010 - 17 comments

Odd to see in the Sunday-Star Times that the Government is looking at introducing compulsory superannuation savings. After all, this is the same government that gutted Kiwisaver and the Cullen Fund just a year ago. Hmm, have they seen the light? Somehow I doubt it. The Nats see compulsory super savings as a replacement for the universal superannuation we have now.

KiwiBank boss wants leadership from National party

Written By: - Date published: 7:34 pm, July 2nd, 2010 - 6 comments

KiwiBank boss, Sam Knowles wants the Government to step up to the plate and improve NZs saving rate, through making KiwiSaver compulsory.

Don Brash, Rogernomics, and Huljich

Written By: - Date published: 8:24 am, March 16th, 2010 - 19 comments

The New Zealand economic reforms of the 1980s and 1990s were largely a failure.  This can be seen from the large negative divergence post 1984 in New Zealand’s real output per capita in comparison to Australia, our usual benchmark. New Zealand’s comparative position vis-à-vis unemployment also worsened. Poverty and social inequality increased. Australia undertook various […]

Recent Comments

Recent Posts

  • Government caves to multi-national tax avoiders in the shadows
    News that the Government has secretly caved in to the demands of multi-national tax avoiders come as no surprise, but will disappoint Kiwi taxpayers, says Labour’s spokesman for Revenue Michael Wood.   “It has been revealed that a United States ...
    12 hours ago
  • Cheaper to stay at The Langham than emergency housing motels
    Labour’s comprehensive plan to fix the housing crisis and ensure there’s enough state housing, means we won’t be paying through the nose for emergency accommodation like the current Government has to, says Labour’s Social Development spokesperson Carmel Sepuloni. “National has ...
    14 hours ago
  • Government must come clean on water
      News that the National Government is secretly working behind closed doors on its own water charging schemes shows their utter hypocrisy on this issue, says Labour’s water spokesperson David Parker.  “They have been carping on about Labour’s plan for ...
    18 hours ago
  • Government pays twice the price for emergency housing motels – with two more on the way
    Under Labour’s plan to build at least 1000 state houses each year, New Zealand wouldn’t be paying more than double the valuations for motels to house Kiwis needing emergency housing, says Labour’s Social Development spokesperson Carmel Sepuloni. “Under questioning today, ...
    2 days ago
  • HAM shows country needs Labour on housing
    The latest Housing Affordability Measure report shows affordability dramatically worsening for Auckland first home buyers, says Labour’s Housing spokesperson Phil Twyford. ...
    2 days ago
  • Canterbury kids get more support for mental health
    Children in Canterbury and Kaikoura will get dedicated mental health support to help them overcome the trauma of the earthquakes, says the Leader of the Opposition Jacinda Ardern. “We’ll fund an extra eighty mental health professionals for the next three ...
    2 days ago
  • Statement on Julie Bishop’s comments
    It is highly regrettable that the Australian Foreign Minister Julie Bishop has chosen to make false claims about the New Zealand Labour Party. I have been utterly transparent about this situation. I stand by my statements this morning that I ...
    3 days ago
  • Labour stands with Pike families
    A Labour Government will stand with the families of Pike River and reaffirm its commitment to safe workplaces by ensuring there will be a Minister responsible for Pike River, says Leader of the Opposition Jacinda Ardern. “The Pike River disaster ...
    3 days ago
  • Yes to Sallies – Labour will build more state houses
    The Salvation Army’s latest report ‘Taking Stock’ shows why New Zealand needs a Labour-led Government committed to a massive house building programme, says Labour’s Housing spokesperson Phil Twyford. “When the Sallies say the country needs 2000 extra state houses a ...
    3 days ago
  • New Zealanders deserve better than scaremongering over water
    New Zealanders need to hear from National about how they will fund the clean-up of our rivers and lakes for future generations. Instead, National has broadened its scare-mongering, says Labour’s Water spokesperson David Parker. ...
    4 days ago
  • School Leavers’ Toolkit to equip young people for adult life
    Labour will give school leavers the practical skills and knowledge they need for adult life with a new School Leavers’ Toolkit, says Leader of the Opposition Jacinda Ardern. “Our teachers and schools do a great job of teaching our children ...
    4 days ago
  • Pay equity to be a priority for Labour
      Labour will make sure that the country’s mental health workers are a priority when it comes to pay equity negotiations, says the Leader of the Opposition Jacinda Ardern.  “It is very important for me to right the wrong created ...
    6 days ago
  • Labour’s positive education plan
    Today’s announcement on learning support is more tinkering and proof that only a Labour Government will deliver the resources that schools and parents are crying out for, says Labour’s Education spokesperson Chris Hipkins.  “We have a positive vision for a ...
    7 days ago
  • Pike footage raises questions over government’s actions
    The Government’s seeming determination to turn a blind eye to new questions about what happened at Pike River Mine is troubling, says Labour’s West Coast-Tasman MP Damien O’Connor. ...
    7 days ago
  • Solution to rent rises lies in building houses and stopping speculators
    The spread of rental increases from the big cities to the surrounding regions shows why we need to get on top of the housing shortage build homes our families can afford, and lock out the speculators, says Labour’s Housing spokesperson ...
    1 week ago
  • Clean rivers don’t cost $18 a cabbage
    National is falling into a bad pattern of promising the world and not saying how they will fund it, says Labour’s Water spokesperson David Parker. ...
    1 week ago
  • Time for honest answer on transport funding
    National needs to explain how they will fund the $6 billion funding gap in their 10-year Auckland transport plan, says Labour’s Auckland Issues spokesperson Phil Twyford. ...
    1 week ago
  • Time for true numbers on overseas speculators
    It’s time for the Government to give accurate figures on the number of houses being bought by overseas speculators, says Labour’s Land Information spokesperson Raymond Huo. ...
    1 week ago
  • Fair and sustainable trade: A Green Party vision for New Zealand’s trading relationships
    Trade is a cornerstone of the New Zealand economy. It provides us with the things we want and need, and enables us to pay for those with exports that generate business opportunities and jobs. However, it should be recognised that ...
    GreensBy Barry Coates
    1 week ago
  • Clean rivers for future generations
    Labour will lead a nationwide effort to restore our rivers and lakes to a clean, swimmable state, says Leader of the Opposition Jacinda Ardern. ...
    1 week ago
  • New Zealand really can do better on health
    Labour’s commitment to affordable access to high quality healthcare will provide a better service for New Zealanders than the current Health Minister, who will not apologise for statements that he made that wrongly criticised hard-working staff in the Southern DHB’s ...
    1 week ago
  • Labour’s plan the answer to motorway chaos
    Labour’s plan to build a light rail network and improve heavy rail and bus services across Auckland is the only answer to the kind of motorway congestion Aucklanders endured this morning, says Labour Transport spokesperson Phil Twyford. ...
    2 weeks ago
  • Labour to build rail to Auckland Airport
    A world class city needs a rail connection from the CBD to its international airport – that’s why Labour will build light rail to Auckland Airport as a priority, says Leader of the Opposition Jacinda Ardern.  “Let’s get Auckland moving ...
    2 weeks ago
  • Is pay equity just too hard for this Govt?
    You are hard pressed these days to find someone that openly admits their misogyny, that men should still be paid more than women. Politicians proclaim that they want to see women paid more, but do their actions back it up? ...
    GreensBy Jan Logie
    2 weeks ago
  • Labour’s commitment to our Rainbow nation
    The Labour Party has reaffirmed its commitment to New Zealand’s rainbow community with its 2017 Rainbow policy, featuring the goal to end HIV in New Zealand by 2025. Grant Robertson says Labour continues a long and proud tradition of advocating ...
    2 weeks ago
  • Labour’s vision for Auckland more than reheated roads
    Labour is more ambitious for Auckland than the reheated set of transport projects proposed by National, says Labour’s Auckland Issues spokesperson Phil Twyford. ...
    2 weeks ago
  • Waiting urology patients are the tip of the iceberg
    The 10 patients waiting for urology surgery at Dunedin Hospital are just the tip of the iceberg, says Labour’s Health spokesperson David Clark.  "Hundreds of patients are waiting for follow-up appointments, but they are not deemed serious enough to be ...
    2 weeks ago
  • Maori Landowners Misled by Maori Party
    Māori landowners are being misled by Government hui being held throughout the country promoting the troubled Māori Land Service (MLS), which underpins the Crown’s unpopular Ture Whenua reforms, says Labour’s Ikaroa-Rāwhiti MP Meka Whaitiri. ...
    2 weeks ago
  • Government’s Johnny-come-lately approach to multinational tax won’t wash
    It’s a case of baby steps for a Government that still allows multinational companies to avoid paying their fair share of tax, says Labour’s Revenue spokesperson Michael Wood. “After nine years in government, five years after the issue of multinational ...
    2 weeks ago
  • Auckland congestion up there with the world’s worst
    Traffic congestion is costing Auckland up to $2 billion in lost productivity according to the latest report from the New Zealand Institute of Economic Research, says Labour’s Transport spokesperson Michael Wood.  “This is a disaster and underlines the need for ...
    2 weeks ago
  • Experience in Youth Parliament 2016
    Being a Member of Youth Parliament was an unexpected, but fabulous opportunity for me. It provided me a way to connect with other young people who have some things in common, and to learn what it is like to be ...
    GreensBy NZ Green Party
    2 weeks ago
  • Labour backs renters’ call for warm, healthy homes
    80 per cent of renters wish their home was warmer and drier, and that’s what Labour will deliver, says Labour’s Housing spokesperson Phil Twyford. ...
    2 weeks ago
  • We can – and must – do better for Kiwi jobs
    Labour has the plan to get more young New Zealanders into jobs and tackle concerns raised in the latest statistics which show an extra 3000 young Kiwis are neither earning or learning compared to the same time last year, says ...
    2 weeks ago
  • Statement from Jacinda Ardern, Leader of the New Zealand Labour Party
    I want to start by giving my thanks to Andrew. His announcement today and the situation we have found ourselves in is not what anyone expected or wanted In my time working with Andrew I know one thing to be ...
    2 weeks ago
  • Better homes for Maori under Labour
    Labour’s vision is that Māori enjoy an equal playing field and have the same home ownership opportunities as non-Māori, says Labour’s Māori Development spokesperson Kelvin Davis. “Today Labour is proud to announce a detailed Māori housing policy from South Auckland’s ...
    3 weeks ago