Parliament

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

 

National's Super Committee A Super Cop-out

"After promising us a policy on superannuation, all National has managed to deliver is a committee," Finance Minister Michael Cullen said today.

Dr Cullen was commenting on the Supplementary Order Paper lodged yesterday by National's superannuation spokesperson, Bill English.

The SOP proposes the formation of a 10-member New Zealand Superannuation Authority which would be responsible for overseeing the delivery of New Zealand Super.

"The proposed authority is a cop-out to hide National's lack of a credible alternative to the government's partial pre-payment scheme.

"But it also reveals National's real agenda as the authority's primary task would be to review all pension entitlements at least once every six years to ensure the continuing medium-term sustainability and affordability of New Zealand Superannuation.

"That is fancy language for cuts," Dr Cullen said.

"National should have the courage of their convictions. If they do not think the pension is affordable on current terms, they should vote against Part I of the New Zealand Superannuation Bill.

"Instead they will show the kind of weasel politics the country has come to expect of them on this issue. They will vote for Part I and even as they do, they will be conspiring to find a way to defeat the legislation's intentions.

"That is despicable," Dr Cullen said.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Raising Corporate Taxes Has Become A Hot New Political Cause

Surprisingly, “raising taxes” has become a very fashionable political idea in 2021. That’s right. After decades of being seen (at best) as a necessary evil, higher corporate taxes are now being treated as the Great Good Thing that will revive the US economy, re-distribute wealth productively, help to build neglected and decaying public infrastructure, fund public health, address social inequality, restore a sense of community and generally make everyone feel better about the society in which they live... More>>

 

Government: Delivers Next Phase Of Climate Action

The Government is delivering on a key election commitment to tackle climate change, by banning new low and medium temperature coal-fired boilers and partnering with the private sector to help it transition away from fossil fuels. This is the first ... More>>

Government: Independent Experts To Advise On Post-Vaccination Future

The Government is acting to ensure decisions on responding to the next phase of the COVID-19 pandemic are informed by the best available scientific evidence and strategic public health advice. “New Zealand has worked towards an elimination ... More>>

Travel: Trans-Tasman Bubble To Start 19 April

New Zealand’s successful management of COVID means quarantine-free travel between New Zealand and Australia will start on Monday 19 April, Prime Minister Jacinda Ardern announced today. Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris ... More>>

ALSO:


Health: Drug-Testing Law To Be Made Permanent

Interim legislation that is already proving to keep people safer from drugs will be made permanent, Health Minister Andrew Little says. More>>

World Travel: New Zealand Temporarily Suspending Travel From India - PM Jacinda Ardern

Travel into New Zealand from India - including for New Zealand citizens and residents - is being temporarily suspended because of high numbers of Covid-19 cases. More>>

Finance: Crown Accounts Again Better Than Forecast

Hon Grant Robertson Minister of Finance The economic recovery from COVID-19 continues to be reflected in the Government’s books, which are again better than expected. The Crown accounts for the eight months to the end of February 2021 showed both OBEGAL ... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels