Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Wake up call for Finance Minister

Thursday, 13 December – For immediate release

Wake up call for Finance Minister

Finance Minister Bill English met with a select group of 27 young people in Wellington this morning to exchange views on New Zealand’s long-term financial outlook, and to hear about a publication released by the McGuinness Institute today for categorising alternative solutions and choices.

Amongst a wide array of possible choices contained in the group’s statement summarising a week of intense debate, assisted by Treasury officials, were levers such as raising the age of eligibility for superannuation, introducing a capital gains tax or making KiwiSaver compulsory.

“It’s great to see young people, many of them tertiary students, being called on to participate in debates about the looming fiscal crunch that will accompany an ageing population,” said Pete Hodkinson, President of the NZ Union of Students’ Associations (NZUSA), and regular speaker, on similar issues at the release of the youth statement.

“As a 22 year old myself I share the concern of the participants in the McGuiness Institute’s LongTermNZ project (http://longtermnz.org/) that our current economic thinking is not structurally resilient to the challenges ahead – be that climate change, housing affordability or child poverty. I would also join with the view held by 89% of the group that a universal pension isn’t likely to be an option in its current form when I retire in 40 to 50 years’ time.

Jason Armishaw, a project participant who is studying law and economics at the University of Auckland, said arriving at a consensus for what the statement would contain had been a “five day mission”.

“We’re more aware now that there is going to be an increasingly hard future ahead of us, and that we need to band together, with the many ages involved, to find creative solutions … rather than brushing things under the rug”.

Amongst key messages contained in the youth statement on New Zealand’s financial outlook was a call for better engagement with young New Zealanders of all backgrounds, via online platforms and new technologies rather than just traditional media.

The statement signalled young peoples’ willingness to make trade-offs associated with hard economic decisions. It also pointed to the “window of opportunity” New Zealand has to respond pre-emptively to demographic changes and rising health costs.

It was agreed that although spending may be more fiscally constrained in the future, young people are seeking active investment in smart, more visionary long-term options – including lowering unemployment, supporting innovation and entrepreneurship, and provision of affordable tertiary education that balances learning and critical thinking with relevant skills for a changing job market.

In 2013 the NZ Union of Students’ Associations (NZUSA) will be promoting this debate more widely amongst its members and students at tertiary education campuses around the country. In addition, NZUSA is working with the Commission for Financial Literacy to facilitate learner/ student input towards a review of retirement income policies, focusing on key topics such as equal cost sharing across different generations.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
Gordon Campbell: On Chuck Berry (And James Comey, And Bill English)

Back when many people were still treating rock’n’roll as a passing fad – was calypso going to be the new thing? – Chuck Berry knew that it had changed popular music forever. What is even more astonishing is that this 30-ish black r&b musician from a middle class family in St Louis could manage to recreate the world of white teenagers, at a time when the very notion of a “teenager” had just been invented. More>>

Howard Davis Review:
The Baroque Fusion Of L'arpeggiata

Named after a toccata by German composer Girolamo Kapsberger, L'Arpeggiata produces its unmistakable sonority mainly from the resonance of plucked strings, creating a tightly-woven acoustic texture that is both idiosyncratic and immediately identifiable. Director Christina Pluhar engenders this distinctive tonality associated with the ensemble she founded in 2000 by inviting musicians and vocalists from around the world to collaborate on specific projects illuminated by her musicological research. More>>

African Masks And Sculpture: Attic Discovery On Display At Expressions Whirinaki

Ranging from masks studded with nails and shards of glass to statues laden with magical metal, the works are from ethnic groups in nine countries ranging from Ivory Coast to the Democratic Republic of the Congo. More>>

Scoop Review Of Books: We’re All Lab Rats

A couple of years ago, there were reports that Silicon Valley executives were sending their children to tech-free schools. It was a story that dripped of irony: geeks in the heart of techno-utopia rejecting their ideology when it came to their own kids. But the story didn’t catch on, and an awkward question lingered. Why were the engineers of the future desperate to part their gadgets from their children? More>>

  • CensusAtSchool - Most kids have no screen-time limits
  • Netsafe - Half of NZ high school students unsupervised online

  • Obituary: Andrew Little Remembers Murray Ball

    “Murray mined a rich vein of New Zealand popular culture and exported it to the world. Wal and Dog and all the other Kiwi characters he crafted through Footrot Flats were hugely popular here and in Australia, Europe and North America." More>>

    ALSO:

    Organised Choas: NZ Fringe Festival 2017 Awards

    Three more weeks of organised chaos have come to an end with the Wellington NZ Fringe Arts Festival Awards Ceremony as a chance to celebrate all our Fringe artists for their talent, ingenuity, and chutzpah! More>>

    ALSO:

    Wellington.Scoop: Wellington Writer Wins $US165,000 Literature Prize

    Victoria University of Wellington staff member and alumna Ashleigh Young has won a prestigious Windham-Campbell Literature Prize worth USD$165,000 for her book of essays Can You Tolerate This? More>>

    ALSO:

    Scoop Review Of Books: Excerpt - Ice Bear: The Cultural History Of An Arctic Icon

    “During the last decade the image of the polar bear has moved in the public imagination from being an icon of strength, independence and survival in one of the most climatically extreme of world environments, to that of fragility, vulnerability and more generally of a global environmental crisis.” More>>

    Get More From Scoop

     
     

    LATEST HEADLINES

     
     
     
     
    Education
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news