Parliament

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 The Budget

It may seem like Oliver to be so bold as to ask the Finance Minister for more gruel – but what the Dickens, Steven Joyce… is this Budget really as good as it gets?

Supposedly, the public was going to receive significant rewards – an election year lolly scramble no less – for the eight years of belt tightening that they’ve endured, and for the rundown of essential public services.

Well, what Budget 2017 delivered instead in Education and in Health were allocations barely sufficient to maintain the current levels of service delivery More>>

Scoop Full Coverage: of Budget Announcements & Reaction
Latest: Scoop Search

 
 

Carer Settlement: Threat Of Staff Exodus In Mental Health

As a result of the recent pay rise awarded to their aged care and disability sector colleagues, many staff in non-government mental health and addiction organisations are considering leaving to join these workforces. More>>

ALSO:

Climate Policy: New Zealand Set To Blow Its Carbon Budget By 27%

The Government’s Greenhouse Gas Inventory shows New Zealand is set to release 647.5 million tonnes of carbon emissions between 2013 and 2020 – 137 million tonnes more than we are allowed under the Kyoto Protocol. More>>

ALSO:

Earlier:

Christchurch Considers Cathedral, Stadium: Cathedral Working Group Report Released

“About half of Christchurch wants to see the cathedral reinstated, the other half wants something new and more modern, but really, everyone just needs a decision." More>>

ALSO:

Auditor-General Stands Down For Investigation: Gordon Campbell On (Not) Taking Responsibility

So Martin Matthews, our current Auditor-General wishes he could have detected “earlier” the fraud that occurred on his watch at the Ministry of Transport. Hmmm. But he could have detected it earlier, surely? That’s the point. More>>

ALSO:

NGOs Pleased: Govt To Halt Collection Of Client Data

Brenda Pilott, the chair of ComVoices and national manager of Social Service Providers Aotearoa, congratulates the government on its decision to call a halt to the collection of individual client data until the concerns of not-for-profit service providers have been worked through. More>>

ALSO:

Gosh: Blasphemy Law Repeal Struck Down

Chris Hipkins, the MP who tabled a Supplementary Order Paper to add our Blasphemy Law to the Statutes Repeal Bill, said this was a "sad day for freedom of speech, tolerance, and leadership". More>>

ALSO:

 
 
 
 

Opening The Election Supporters

 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election