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.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Urban Planning Report: Momentum Grows To Replace The RMA

A major new report from the Productivity Commission lays the foundation for action on the growing political consensus that the Resource Management Act and associated laws are failing both cities and the natural environment and need a complete rewrite.

Published this morning, the final “Better Urban Planning” report is the culmination of eight years of investigations ordered by the government into the causes of unaffordable housing and urban planning. More>>

 

Vaping: Quitline Supports Decision To Legalise Nicotine E-Cigarettes

Today Associate Minister of Health, Hon Nicky Wagner has announced that Government are taking the proactive step of legalising nicotine e-cigarettes, a move which Quitline is pleased to hear and support wholeheartedly. More>>

ALSO:

Gordon Campbell: On The Labour/Greens Deal (And The NZDF)

If Labour and the Greens were hoping their Budget Responsibility Rules (BRR) agreement would foster an unlikely alliance then hey… mission accomplished! Because it isn’t every day that Sue Bradford, the CTU and Matthew Hooton speak with one voice, as happened yesterday. More>>

ALSO:

Until After The Election: Extension Of Report-Back Date For Havelock North Inquiry

Attorney-General Christopher Finlayson announced today that the report-back date for the independent Inquiry into Havelock North Drinking-Water has been extended at the request of the Inquiry’s Panel. More>>

ALSO:

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Biscuit Tin Of Democracy: World Heritage Site Protection, Ombudsman and Equal Pay Bills Drawn

On Thursday, 23 March 2017 three places are available on the Order Paper for the first reading of a Member’s bill. The ballot was held, and resulted in the following bills being drawn... More>>

ALSO:

Emissions Plan: NZ Needs More Science, More Trees, Fewer Beasts

A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions to a net zero level, according to a new report sponsored by the New Zealand chapter of GLOBE, a multi-party, global parliamentary grouping. More>>

ALSO:

"Backed To Win Seats": Labour Māori Seat MPs Won't Stand On List

The Labour Party is backing a request from its Māori seat MPs to stand as electorate MPs only, says Labour Leader Andrew Little. More>>

OutsKey: John Key's Valedictory Speech

I rise to address this House for the very last time. It has been a huge privilege to have served the people of Helensville as their member of Parliament, and, of course, the people of New Zealand as their Prime Minister. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news