Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Innovative Proposals on Workplace Super

15 September 2004

Innovative Proposals on Workplace Super

“The ‘Harris’ Report on Workplace Savings has made some innovative recommendations to address low levels of savings and high levels of debt”, said Peter Conway, CTU Economist today.

The recommendations on modernising the regulatory requirements, establishing a central registry and collection system, using the tax system to calculate standard payments, and apply an opt out rather than opt in arrangement all add up to a significant reform package.

Peter Conway said that there will need to be some incentives to make sure that schemes under this set of proposals will be successful.

In addition, we need to see wages rise and a greater willingness from employers to make contributions before workplace savings will really lift off.

Peter Conway said that the CTU is encouraging employers to take a positive approach to this report as the Group has gone to considerable lengths to take employer concerns on board.

Peter Conway said that “we will now carefully analyse these recommendations and address in particular such issues as the length of time before a worker can opt out, the application of the proposals to firms with fewer than 5 workers, and the incentive options”.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news