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Winston Peters is doing his sums on his fingers again

Winston Peters is doing his sums on his fingers again

Press release: ACT New Zealand
August 11, 2014. 3:15pm


“If proof were needed that Winston Peters is making policy on the fly his promise that $1000 deposited in a Kiwi Saver account at birth would accumulate over time to pay for a University degree sheets it home,” said Dr Jamie Whyte ACT Party leader today.

“If Mr. Peters had spent ten minutes checking out the Retirement Commission’s web page he would have learnt the best return from the 'Winston’s buy the baby vote scheme' would be 3 percent a year.

"That means by the time recipients are 24 the 'thousand dollar baby bonus' would be worth just $2,000. The whole idea is just a bonus to the fund managers.

"There is no way Winston’s buy the baby vote bonus will pay for university,” said Dr Whyte.

“With current inflation it will probably buy their first beer.”

ENDS

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Election Day: Make Sure You're A Part Of It!

Saturday 20 September, is election day, and New Zealanders’ last chance to have a say on who leads the country for the next three years.

“The people and parties we elect tomorrow will be making the decisions that affect us, our families and our communities,” says Robert Peden, Chief Electoral Officer. “It doesn’t get much more important than that, and we need all New Zealanders to use their voice and vote.”

Voting places will be open from 9.00am until 7.00pm on election day. The busiest time at voting places is usually 9.00am - 11.00am.

“Take your EasyVote card with you when you go to vote, as it will make voting faster and easier, and vote close to home if you can. But don’t worry if you forget your card, or didn’t receive one, because as long as you are enrolled to vote, your voice will be heard,” says Mr Peden. More>>

 

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