Retirement Commissioner's reply to Wakeman, by-election
Monday, 20 February 2017, 5:13 pm Press Release: Peter Wakeman
The Retirement Commissioner's role was established under the
New Zealand Superannuation and Retirement Income Act 2001.
The Retirement Commissioner is appointed by the Minister of
Commerce.
The cost of funding NZ Super in my view needs a
Financial Transaction Tax of 25 cents per $100 to pay for
it. Could you advise me how much this could cost and the
amount of tax this @ 25cent per $100's of movement would
collect. Reply:
"We can advise that the Retirement
Commissioner is aware of the principles of a financial
transaction tax (FTT), however, the Commissioner has not
been asked to, nor investigated the implementation of a FTT
to fund retirement income."
Peter Wakeman views this
is the best way to fund NZ Super which is facing questions
around the future age increasing beyond 65 years
old.
If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!
Depictions of Islam in Western popular culture have rarely been positive, even before 9/11. Five years on from the mosque shootings, this is one of the cultural headwinds that the Muslim community has to battle against. Whatever messages of tolerance and inclusion are offered in daylight, much of our culture tends to be hostile to Islam when we’re sitting in the dark, with popcorn. Any number of movie examples come to mind, beginning with Rudolf Valentino’s role (over a century ago) as the romantic Arab hero in The Sheik... More
Government: One-stop Shop Major Projects On The Fast Track The Coalition Government’s new one-stop-shop fast track consenting regime for regional and national projects of significance will cut red tape and make it easier for New Zealand to build the infrastructure and major projects needed to get the country moving again... More
Government: GPS 2024: Over $20 Billion To Get Transport Back On Track Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government’s plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely... More
Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More
Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More