Parliament

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

 

Fresh questions on National and KiwiSaver

28 May 2008 Media Statement

Fresh questions on National and KiwiSaver

New Zealand employers have been left in the lurch as John Key has this morning refused to commit to fully subsidising them for the cost of their KiwiSaver contributions, Finance Minister Michael Cullen said.

Mr Key’s reluctance to commit to subsidisation, and the full 4 per cent contribution, comes as he invents yet another alternative history of his support for KiwiSaver. Mr Key promised to scrap KiwiSaver as Finance Spokesman in the 2005 election, calling it a ‘terribly designed system’.

Then last year following the Budget 2007 enhancements, Mr Key said:

“we’re looking at all the options around KiwiSaver, we don’t really like the existing scheme in the sense that we think, um, the first mark I version of it worked very, you know, was probably gonna be successful and not too bad..”

Then this morning Mr Key reverted back to his previous position of not having been a fan of the original design saying,

“We’ll we’ve always said that we’ve got concerns about certain aspects of KiwiSaver, we’ve also said that there would be a KiwiSaver, I didn’t like the first version that Michael Cullen had, because there wasn’t really much in it…”

“John Key was against KiwiSaver, then he was for it, and then he was against it again,” Dr Cullen said. “Why should we believe what he said yesterday?

“After yesterday’s accidental announcement about National’s support for KiwiSaver employer contributions, John Key refused to commit to rolling out the full 4 per cent contribution. Now this morning he has refused to commit to the full government subsidy for employers. It’s time to end the confusion.

“Would he keep the $1,000 kick start in place?

“Would he keep the government contribution of up to $1,040 a year in place?

“Would he keep the full employer tax credit in place?

“Would he keep the full support for first homebuyers in place?

“What is the ‘middle class sweetener’ Mr Key has be hinting about for KiwiSaver?”

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election