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


Reward Kiwis Who Save, Don’t Hit Them with Taxes

Rt Hon Winston Peters
New Zealand First Leader

30 July 2014

Reward Kiwis Who Save, Don’t Hit Them with Taxes

New Zealand First welcomes the campaign to cut high taxes on New Zealand’s long-term savings.

“New Zealand First has long recognised the excessive taxation facing savers - that is why we have had a longstanding policy commitment to ensure earnings from approved savings schemes will carry a tax advantage,” says Leader Rt Hon Winston Peters.

“In addition, New Zealand First has KiwiFund, an improvement on existing KiwiSaver options that provides low fees and a capital guarantee. Investment in the fund will primarily be made in New Zealand assets and infrastructure to create jobs and lift the economy.

“New Zealand First believes Kiwis should be rewarded for saving, not penalised.

“Many Kiwis work hard, deny themselves trips away and the finer things in life so they can put money in their savings account. They deserve a fair go.

“New Zealand First’s policy is to provide real incentives to save not to pour more fees into the pockets of the financial services sector,’ says Mr Peters.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Environment And Conservation: Changes To Our Oceans Pose Serious Concerns

New Zealand’s oceans, coasts, and marine wildlife are under growing pressure, according to the first national report from the Ministry for the Environment and Statistics New Zealand about the marine environment. More>>


Police Authority: Use Of Taser Was Disproportionate And Unjustified

The Independent Police Conduct Authority has found that an officer’s second use of a Taser on a mentally unwell Hokitika man was disproportionate and unjustified. More>>


Gordon Campbell: On Holidays, Hekia Parata And Badlands

Hekia Parata, adieu. Reportedly, she’s been ‘passionate’ about education. She has “bravely’ led the charge on the government’s education reforms. In the past week , many of the postscripts to Hekia Parata’s career as Education Minister have sounded like a schoolteacher desperately trying to find some reason why a D student can be marked up to C minus. More>>


Minister of Finance: Plan Shows $100 Billion Infrastructure Projects

Finance Minister Bill English has today launched the Government’s Ten Year Capital Intentions Plan (CIP) which shows a pipeline of $100.9 billion worth of infrastructure projects over the next decade. More>>


Werewolf: Safe Landings Gordon Campbell on the safety challenge to the Wellington runway extension.

The safety-related legal challenge revolves around the size of the 90 metre long Runway End Safety Area (RESA) being proposed for the runway extension. More>>


Environment Commissioner: We Need To Work Together On Climate Change And Farming

“The debate around agricultural emissions and the ETS has been polarised for too long,” said the Commissioner. “But the ETS is not the only way forward – there are other things that can be done.” More>>


NZ Super Fund: Seeking To Put A Market Price On Climate Change

Oct. 19 (BusinessDesk) - The New Zealand Superannuation Fund says it will devise a set of rules to assess investment winners and losers under climate change, a strategy that could rule out fossil fuels or producers such as current portfolio member Exxon ... More>>


Rejuvenation: Parata Will Not Contest 2017 Election

Education Minister and National List MP Hekia Parata has today announced that she will not be contesting the next election. She advised the Prime Minister of her decision earlier this year. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news