Posts Tagged ‘superannuation’

Peters in super trouble

Written By: - Date published: 7:24 am, August 28th, 2017 - 207 comments

Newsroom and Newshub have broken a story about Winston Peters receiving, for the last 7 years, a single person’s super payment that he was not entitled to because he was living with an (undeclared) other person. Peters denies this but has already payed back the excess from an “innocent mistake”.

English a shambles

Written By: - Date published: 7:52 am, March 7th, 2017 - 43 comments

English isn’t going to be very happy when he opens the papers this morning.

English proposes raising age of super to 67 (eventually)

Written By: - Date published: 4:08 pm, March 6th, 2017 - 123 comments

In what seems to have been a panicked reaction to a disastrous series of interviews, English has just announced that the age of eligibility for super will rise from 65 to 67, phased in from 2037.

English puts super back on the line

Written By: - Date published: 1:41 pm, March 4th, 2017 - 93 comments

In what was apparently a pretty dire interview on The Nation this morning, Bill English dropped one bombshell, possible changes in superannuation. For the record I think English is right on this. For a change.

Time for cross party accord on super

Written By: - Date published: 1:24 pm, December 12th, 2016 - 87 comments

English is not making the same stupid pledge as Key, to let superannuation consume the future. Time for a cross party accord. Take it off the table as a political football and solve the damn problem.

War on the poor: flexible super

Written By: - Date published: 10:20 am, August 27th, 2013 - 94 comments

Dunne’s proposal for flexible superannuation is a U-Turn for Key, while he hides behind it being a Dunne and flexible initiative & good for low income people.  Sue Bradford argues against Dunne’s initiative, saying it will benefit those on higher incomes.  She prefers better and universal benefits.

Don’t blame MMP for Nat stupidity

Written By: - Date published: 9:32 am, December 18th, 2012 - 18 comments

Recent pieces by Bernard Hickey and John Armstrong both highlighted the problem of our aging population and the unsustainability of super – in Hickey’s memorable words we are “consuming our future”.  Armstrong tries to balme MMP, but that won’t wash, it’s just the usual short-sighted Nat stupidity…

National split on super?

Written By: - Date published: 7:09 am, October 19th, 2012 - 26 comments

Foss has effectively challenged the PM’s stance on ruling out changes to the age of eligibility for NZ Super. A minor rebellion? A faint flickering of independent and rational thought form within the National caucus?

Peters smacks down Key

Written By: - Date published: 9:57 am, June 17th, 2012 - 52 comments

John Key started preparing the ground to work with NZF, looking to forge a “Save Super” platform for 2014. But Winston Peters smacked him down hard.

The super disaster

Written By: - Date published: 7:09 am, June 12th, 2012 - 191 comments

On Superannuation Key is in a very strange position indeed, where keeping his word is doing him more harm than breaking it. It’s a disaster for the country.

ImperatorFish: Key’s Secret Super Plans

Written By: - Date published: 2:43 pm, June 1st, 2012 - 5 comments

Why does John Key appear so confident that we are not facing a future superannuation crisis? It seems unlikely that the government would allow a cull of the elderly, due to the usual complaints from liberal hand-wringers. So where are the solutions to the problems caused by an ageing population?

Super sized problem

Written By: - Date published: 10:32 am, February 6th, 2012 - 38 comments

The superannuation problem isn’t going away. The Nats will be fuming that Treasury have just dropped in their laps again.

Your PM at work for you

Written By: - Date published: 10:30 am, October 1st, 2011 - 19 comments

Another in what looks like becoming a regular series.

Your PM at work for you

Written By: - Date published: 7:35 am, September 20th, 2011 - 38 comments

Two news snippets yesterday seemed to me to capture the essence of John Key PM.  First, his response to recommendations about super, and second his prognostications on the Christchurch insurance market.

The case for raising super age

Written By: - Date published: 8:22 am, July 9th, 2011 - 69 comments

We are going to have to have this debate some time.  Maybe it will be possible now that Labour has shown how to stare down supposed “electoral suicide”.

Retirement age

Written By: - Date published: 7:18 am, July 23rd, 2010 - 17 comments

Brash’s call for a “flexible pension” is the thin end of the wedge leading to a rise in the age of eligibility for super. At the moment National are rejecting his call, as Key would be obliged to resign if the age is raised. But the problem remains. National have weakened Labour’s Cullen fund and KiwiSaver, and they seem to have no ideas of their own…

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