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

 


KiwiSaver’s 7th birthday something to be proud of

David
PARKER

Spokesperson for Finance
1 July 2014 MEDIA STATEMENT

KiwiSaver’s 7th birthday something to be proud of

“KiwiSaver celebrates its seventh birthday today with 2.3 million people now enrolled, making it the most popular retirement saving scheme in New Zealand history, Labour’s Finance spokesperson David Parker says.

“KiwiSaver is yet another forward-thinking Labour policy that National vociferously opposed at the time but now supports through gritted teeth.

“On a day when there’s something to celebrate it’s sad National has to resort to myth-making and scare tactics regarding Labour’s capital gains tax (CGT) and KiwiSaver.

“Labour’s CGT will not increase the level of taxation on incomes derived from KiwiSaver or other retirement savings schemes.

“In fact, it is National that is guilty of increasing taxes on KiwiSaver. It slashed the member tax credit in half and imposed a tax on employer contributions.

“Rather than petty tinkering, Labour will build on our past successes by incrementally upping employer and employee contributions to a total of 9 per cent. We will also extend the KiwiSaver member tax credit and KickStart payment to virtually all employees by introducing universal KiwiSaver.

“All National can do is reheat old policies and pretend they are new.

“Labour is the party of innovative and fresh ideas that will help all New Zealanders get ahead,” David Parker says.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Andrew Little’s Debut, Mockingjay, And Drunk Texting

John Key’s credibility has taken a hammering this week – at least among the 50% of the electorate who have always had doubts about him on that score.

The other substantial story of the week has been about Andrew Little’s debut as Labour leader, which has received top marks, especially among the 25% of the electorate still voting Labour. According to some reports, the Labour caucus has been ‘in seventh heaven’ about Little’s success this week in taking it to the government in the House. More>>

ALSO:

 
 

Parliament Today:

Gordon Campbell: On Government Arrogance

Right now, National is ramming anti-terrorism measures through Parliament. This legislation will grant the SIS the power to carry out 48 hour bouts of surveillance on anyone without a warrant, and will bestow on government the power to unilaterally revoke anyone’s passports and thus deny them the freedom to travel. More>>

ALSO:

Glenn Inquiry: Report Offers Solutions To Family Violence

The People’s Blueprint unveiled today by Sir Owen Glenn’s independent inquiry into child abuse and domestic violence outlines a new, more cohesive and effective system for reducing New Zealand’s alarmingly high family violence rates. More>>

ALSO:

Environment Commissioner: Changing Climate And Rising Seas - Understanding The Science

A rising sea will be with us for a long time to come – one way or another we will have to adapt. But how high and how fast the water rises will be influenced by the speed at which the world – including New Zealand – reduces greenhouse gas emissions over the coming decades. More>>

ALSO:

Key Texts With Whale Oil Released: PM Can’t Be Trusted Over Dirty Politics Defence - Greens

John Key’s answers to questions about dirty politics can’t be trusted, after he was forced to admit that he had misled journalists and Parliament about contact with attack blogger Cameron Slater, said the Green Party today.. More>>

ALSO:

Temporary Release Crackdown Continues: Corrections Review Of Phillip Smith Case

“The review by Corrections’ Chief Custodial Officer reveals that the plan for Smith’s series of temporary releases was overly ambitious and misinformed. He’s a highly manipulative and deceptive person who although technically eligible, should not have been considered for temporary release." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news