Parliament

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

 

Richard Prebble Letter To PM On Superannuation

21 August, 2000

Rt Hon Helen Clark
Prime Minister
PARLIAMENT

Dear Prime Minister
Re: Superannation
The ACT NEW ZEALAND Party has been approached by the media and asked if we as a party would be prepared to enter into no-precondition multi-party talks regarding the future of superannuation.
As you know, the ACT party has always been willing to sit down with all the other parties and discuss superannuation.
ACT applied to join the Accord talks but were refused.
ACT did join the superannuation task force headed by Angela Foulkes - and found the talks very useful. We regret that the coalition disbanded the task force as some useful work had been done on the sustainability of different options.
This letter is to invite you as Prime Minister to call all the parties together to discuss superannuation.
It is important for us all to recognise that:
1. Over 80% of the electorate wants the political parties to reach a lasting consensus on super;
2. Having every new government change superannuation is very unsettling; and
3. We have a short window of opportunity before the baby boomers retire to put in place a sustainable scheme.
ACT has strong views on superannuation. As the party of fiscal prudence, ACT feels strongly that any scheme must be actuarially sound.
As the party of choice and individual responsibility, ACT favours a savings based scheme in people's own names.
Nevertheless, to achieve the objective of removing superannuation from party politics and to achieve the goal of a long term sustainable scheme ACT is prepared to come to the talks without preconditions. ACT recognises that to achieve a cross-party consensus there must be some compromise.
ACT understands from media statements that the Minister Of Finance Dr Cullen, has some proposals to pre-fund superannuation from taxation. If the government is genuinely seeking a consensus it would be advisable to call multi-party talks where this proposal can be examined. On the face of it pre-funding superannuation makes no more sense than pre-funding the DPB. I note that economists and authorities on superannuation have been almost universal in expressing reservations about the finance minister's proposal.
If the government is prepared to call multi-party talks on behalf of the ACT party I give an undertaking that we will examine every parties proposals, including Dr Cullen's, with an open mind. ACT believes that such talks would increase public confidence if we were to publish the officials' advice for public scrutiny and comment. We need to take the public with us on any proposal we determine upon.
I look forward to a positive response from yourself. I am forwarding a copy of this letter to all other party leaders.
Yours sincerely

Hon Richard Prebble CBE
LEADER, ACT NEW ZEALAND

CC: Rt Hon Jenny Shipley, Leader, The National Party
Hon Jim Anderton, Leader, The Alliance
Rt Hon Winston Peters, Leader, New Zealand First
Rod Donald & Jeanette Fitzsimons, Co-Leaders, The Greens
Hon Peter Dunne, Leader, United New Zealand

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Our Weird Ways Of Funding Care For The Dying


National Party leader Judith Collins thinks the government’s traffic light system for emerging from Covid lockdowns is “confusing.” Perhaps she could be looking in the mirror because in recent weeks, National has hardly been a model of crystalline clarity. On RNZ this morning Collins was calling for the scrapping of all vaccine certificates and mandates once we hit 90% double dose vaccination. Yet in recent weeks, Chris Bishop, National’s Covid spokesperson has been indicating that vaccine certificates and employment mandates will be, and should be, part of our new Covid landscape... More>>

Covid-19: Two Cases Notified In Christchurch Last Evening


The Ministry of Health was notified last evening of two positive COVID-19 cases in Christchurch from the same household. One member of the household had recently returned to Christchurch from Auckland. The local public health unit is gathering information from the cases to identify close contacts and exposure events, including any locations of interest... More>>





 
 


Government: Considers Regulatory Safeguards For Three Waters Services
Public feedback is being sought on the regulatory safeguards required to ensure consumers and communities receive three waters services that meet their needs, Commerce and Consumer Affairs Minister, Dr David Clark announced today... More>>


Three Waters: Government To Protect Vital Public Water Services For Future Generations
Local Government Minister Nanaia Mahuta today confirmed the Government will create four publicly owned water entities to ensure every New Zealander has access to affordable, long-lasting drinking, waste and storm water infrastructure... More>>

ALSO:



Government: Responds To Independent Review Into WorkSafe

The Government has clear expectations that WorkSafe must action the recommendations of the independent review into the regulator to improve its management of adventure activities following the tragedy at Whakaari White Island, Workplace Relations and Safety Minister Michael Wood says... More>>



Government: First Step In Managed Isolation Changes; Expanding QFT With Pacific

The Government is starting a phased easing of border restrictions that will see the time spent in an MIQ facility halved for fully vaccinated overseas arrivals from 14 November and home isolation introduced in the first quarter of 2022 at the latest, Chris Hipkins said today... More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels