Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


National continues fight against KiwiSavers

4 December 2007

National continues fight against KiwiSavers

The National Party’s vote against legislation today to enable KiwiSaver makes it clear they intend to go into the next election with a promise to make it harder for New Zealanders to save for their retirement, Finance Minister Michael Cullen said.

Legislation enabling the employer contributions and tax credits for KiwiSaver announced in Budget 2007 passed its second reading in Parliament today.

“John Key and Bill English think Labour’s investment in support for retirement is too generous,” Michael Cullen said.

“John Key is on record as personally supporting raising the retirement age and Bill English seems to support slashing the rate of superannuation as well, just like National did last time they were in office.

“John Key promised to scrap KiwiSaver altogether at the 2005 election and Bill English has railed against it ever since becoming the Party’s finance spokesman.

“Both men have criticised the New Zealand Superannuation Fund.

“And now with over a quarter of a million New Zealanders enrolled in KiwiSaver, the National Party has again voted against the scheme’s progress.

“National only cares about what they cut, what they can sell off, what they can borrow, and what responsibilities they can fob off to the private sector.

“Against that approach, the Labour-led government happily front up to the electorate next year as a government that focuses on investing in New Zealanders and generating the big ideas – like KiwiSaver – that New Zealand needs for the future.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news