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


Government Ignoring Advice On Retirement Age

Government Ignoring Advice On Retirement Age

ACT New Zealand Spokesman Hon Heather Roy today condemned Finance Minister Bill English for continuing his Government’s refusal to even consider raising the retirement age beyond 65 and ignoring, even ridiculing, the advice of several experts who are recommending raising the age.

“I asked Mr English whether former Treasury Secretary John Whitehead, Retirement Commissioner Diana Crossan and commentators Bernard Hickey and Gareth Morgan are all wrong in calling for the retirement age to be raised – as is being done by Labor in Australia – his answer was simply that these people should run for office,” Mrs Roy said.

“The Government pays experts like Mr Whitehead and Ms Crossan to give free and frank advice. It is unacceptable for Mr English to tell them to ‘run for office’ merely because he does not want to hear the home truths they are quite rightly telling him.

“A retirement age of 65 is unsustainable. Treasury predicted that by the mid-2020s New Zealand would have to either increase GST to 19 percent or raise income tax by an average of $30 a week just to continue paying for existing entitlements. Faced with such dire numbers the least Mr English could do is consider advice on the matter.

“All demographic figures suggest that raising the age is inevitable, the very worst that the Government can do is delay the inevitable and leave the problem for future generations to deal with. ACT believes that it would be far more caring for the Government to give retirees time to plan for their future by raising the age over a long transition period than it is to take the head in the sand approach that we are left with at the moment,” Mrs Roy said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Erebus Memorial In Parnell

Social media can be a wonderful tool for bringing people together in a common cause. It can also be a seedbed and spreader of mis-information on a community-wide scale. To which category do the protests against the siting of an Erebus memorial (to the 257 New Zealanders who died in that tragedy) in a secluded corner of a Parnell park happen to belong? IMO, it is clearly the latter, and the reasons for thinking so are explained below... More>>


National: Proposed Hate Speech Laws A Step Too Far

Reports of the Government’s proposed new hate speech laws go a step too far and risk sacrificing the freedoms New Zealanders enjoy, National’s Justice spokesperson Simon Bridges says. “The reforms are supposedly including protections to every ... More>>


Agriculture: Government To Phase Out Live Exports By Sea

The Government has announced that the export of livestock by sea will cease following a transition period of up to two years, said Agriculture Minister Damien O’Connor. “At the heart of our decision is upholding New Zealand’s reputation for high ... More>>


Norman Gemmell: New Zealand’s New Housing Policy Is Really Just A New Tax Package — And It’s A Shambles

Norman Gemmell , Te Herenga Waka — Victoria University of Wellington Economists like to talk about “optimal policy instruments” — essentially, policies that achieve their objectives more effectively or efficiently than the alternatives, and ... More>>

Claire Breen: ACC’s Policy Of Not Covering Birth Injuries Is One More Sign The System Is Overdue For Reform

Claire Breen , University of Waikato Recent media coverage of women not being able to get treatment for birth injuries highlights yet another example of gender bias in healthcare in New Zealand. More>>

Police: Police Accept Findings Of IPCA Report Into Photographs Taken At Checkpoint

Police accept the findings of a report by the Independent Police Conduct Authority (IPCA) relating to photographs taken at a checkpoint in Northland. On November 16, 2019, Police set up a checkpoint down the road from a fight night event in Ruakaka ... More>>


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>>




InfoPages News Channels