Parliament

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

 

National flip flop on KiwiSaver?

14 March 2008 Media Statement

National flip flop on KiwiSaver?

Reports that the National Party has moved closer to a flip flop on KiwiSaver have been greeted with caution by Finance Minister Michael Cullen.

NZPA reports that Finance Spokesman Bill English yesterday said that:

We certainly won't be dropping KiwiSaver. If you've got a scheme that's successful, that's a good thing.

But we're looking at it to see how it's working. We're looking at all aspects of it to see where it can be improved to make it work better.

Dr Cullen said National needs to clarify exactly what not ‘dropping KiwiSaver’ means, and whether National now supports employer contributions, employer tax credits, and employee tax credits.

“KiwiSaver has been hugely successful, with nearly 500,000 New Zealanders already signed up,” Dr Cullen said. “This success has put John Key and Bill English under pressure to back down on their opposition to the scheme.

“National has voted against KiwiSaver 40 times. John Key said it was a “terribly designed system” and predicted that take up would be low.

“It’s clear that the patented John Key flip flop is coming. But these halfway back-downs from Bill English are nothing more than slippery tactics designed to give his leader some much needed political breathing room.

“Employers around the country are working hard on the 1 April introduction of employer contributions. Nearly 500,000 New Zealanders are already saving through KiwiSaver, with many more considering joining the scheme in the weeks and months ahead.

“All of this is happening now and the National Party’s reluctance to come clean on KiwiSaver is looking more and more foolish by the day.

“Bill English is speaking at a KiwiSaver conference on Tuesday where he is expected to explain his Party’s stance on the scheme. That would be a perfect opportunity to admit that National was wrong and that it is time to get behind KiwiSaver like so many New Zealanders already have.”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>

 
 

Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>

ALSO:

Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>

ALSO:

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election