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

 


Horan launches Save Our Seniors campaign

Horan launches Save Our Seniors campaign


The NZ Independent Coalition is launching a Save Our Seniors campaign, calling for fair incomes for seniors funded through implementation of a Financial Transaction Tax (FTT).

Brendan Horan MP, leader of the NZ Independent Coalition, says urgent and immediate action is required. Speaking in Parliament, he said “Although everyone wants to believe that all New Zealanders are guaranteed security in retirement and that the needs of seniors are well catered for, the reality could not be more different.”

Our seniors are expected to live on as little as $282/week. The reality is that the Govern-ment’s own research shows that for a married couple to have reasonable living, $56,000 pa is needed. Currently a married couple are expected to live on less than $33,000 pa.

What this National Government is doing to our seniors is inhumane. Words cannot convey the deep sense of tragedy when 85-year olds are driven to commit suicide.

Revenue can be found in a currently untaxed area of the New Zealand economy - financial transactions. The NZ Independent Coalition will look to implement a 0.1% Financial Transaction Tax, following the example of 11 European Union nations lead by France and Germany.


The volume of transactions through the banking and foreign exchange systems is enormous and currently untaxed. According to the Reserve Bank, New Zealand’s foreign exchange market handles an average of US$12.4 billion per day. On top of that over $25 billion a day of transactions are processed through the banking system. To put these eye-watering sums into perspective, that’s over $8,000 per New Zealander churned every day.

The NZ Independent Coalition is also looking to use FTT revenue to (1) remove GST on food (2) remove GST on medical costs and (3) support vet costs for seniors pets, recognising that our seniors’ quality of life is enhanced by their pets.

An FTT at the modest rate of 0.1% will result in revenue of around $9.5 billion for the people of New Zealand every year. After all, if the financial institutions make their money by clipping the ticket on every transaction, then so too should the Government.

Save Our Seniors!

NZ Independent Coalition: Safe Children, Safe Whanau, Safe Society
Respecting and serving New Zealanders

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Hager Revelations: Inquiry Into NZSIS Release Of Goff Docs

The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, announced today that she would be instituting an inquiry concerning allegations that the New Zealand Security Intelligence Service (NZSIS) might have released official information to Mr Cameron Slater, regarding briefings provided to the then Leader of the Opposition, for political purposes...

“I am satisfied there is a sufficient public interest justifying the commencement of an own-motion inquiry into the substance of the issues raised with my Office,” said Ms Gwyn. More>>

Goff: Director’s Letter Contradicts Key’s Claims

At yesterday’s media standup, when asked on the topic John Key said ‘I wasn’t told’...
“In a letter dated November 2011 former SIS director Warren Tucker states three times that ‘in accordance with the usual practice of keeping the minister informed’ the Prime Minister had been told. More>>

  • Image Link - Key maintains he wasn't told about OIA (Now with further evidence) - Newstalk ZB

  •  

    Parliament Today:

    Electionresults.co.nz: National and NZ First Rise in Roy Morgan Poll

    National has bounced back in the latest Roy Morgan Poll but the big winner has been New Zealand First who rise to their highest level of support since September 2013. More>>

    ALSO:

    Fish Pun Warning: By Hoki! It’s Labour’s Fisheries Policy

    A Labour Government will protect the iconic Kiwi tradition of fishing by improving access to the coast, protecting the rights of recreational fishers and reviewing snapper restrictions, Labour’s Fisheries spokesperson Damien O’Connor says. More>>

    ALSO:

    It's Official: Governor General Gives Direction To Conduct Election

    The Governor General has signed the writ directing the Electoral Commission to conduct the General Election on 20 September 2014. This is the formal authority to run the 2014 election, and enables candidate nominations to open tomorrow Thursday 21 August 2014. More>>

    Gordon Campbell: No More Mr Nice Guy

    When future historians seek to identify the exact moment when the prime ministerial career of John Key hit the downward slope, they may well point to Key’s interview yesterday with Guyon Espiner on RNZ’s Morning Report. More>>

    ALSO:

    Dirty (Politics) Weekend: Collins’ Admission Reason For Key To Act

    "Despite claiming that the evidence about her in Nicky Hager's book was ‘false’ Judith Collins has now been forced to admit that she did send information about a Ministerial Services staff member to Cameron Slater for him to use in a baseless smear campaign. More>>

    ALSO:

    Potential Disasters: Underground Coal Fire On Denniston Plateau

    Forest & Bird says one or more coal fires have broken out beneath the Denniston Plateau, and that the Department of Conservation (DOC) must stop Bathurst Resources’ preparatory mining work going on there until the fire or fires are extinguished. More>>

    ALSO:

    Bikes: Nats Plan $100 Million For Urban Cycleways

    Prime Minister John Key has today announced $100 million in new funding will be made available over the next four years to accelerate cycleways in urban centres. More>>

    ALSO:

    New Tax Bracket, Child Poverty Fund: Greens Launch Billion Dollar Plan To Reduce Child Poverty

    The Green Party has launched a billion dollar package to significantly reduce child poverty in New Zealand. The details of the plan were released at the party’s campaign launch in Auckland. More>>

    ALSO:

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
    Parliament
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news