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

International Rankings: Student Results 'Show More Resourcing Needed'

NZEI: "For the second time in a week, international assessments show we have a problem... We need to put more resources into schools in high poverty communities to ensure all kids get the support they need."

New Zealand had only held relatively steady in international rankings in some areas because the average achievement for several other OECD countries had lowered the OECD average -- not because our student achievement has improved. More>>

 

Salvation Army Report: Beyond The Prison Gate Report

A new Salvation Army report says changes must be made to how prisoners re-enter society for New Zealanders to feel safe and secure in their homes and communities. More>>

ALSO:

Surprise Exit: Gordon Campbell On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

ALSO:

Q+A: Labour's Michael Wood Wins Mt Roskill

Labour’s Michael Wood, who last night won a 6,000 vote majority in the Mt Roskill by-election, says the reason for the win was simple, clear messaging... More>>

ALSO:

Gordon Campbell: On Anne Tolley’s Callous Folly

Last week’s conflict between Social Development Minister Anne Tolley and District Court judge Carolyn Henwood illustrated quite a few of the flaws in the system. More>>

ALSO:

Members’ Bills: Greens' Domestic Violence And Loans Bills Pulled From Ballot

Jan Logie’s Domestic Violence-Victims' Protection Bill introduces workplace protections for victims of domestic violence, including allowing victims to request paid domestic violence leave for up to 10 days... Gareth Hughes’ Bill allows Kiwis with student loans to defer their student loan repayments into a first home savings scheme. More>>

ALSO:

IPCA: Police Did Not 'Deliberately' Use Pepper Spray On 10-Year-Old

"When spraying the man, the officer did not properly consider the necessity of using pepper spray in a confined space, the likelihood that it would affect the other innocent passengers or the fact that he was using a more powerful spray." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news