Support builds for suspending KiwiSaver subsidy
The New Zealand Taxpayers' Union is joining
calls for the Government to suspend its KiwiSaver subsidy
during the economic fallout of COVID-19.
Zealand Taxpayers' Union spokesman Louis Houlbrooke
says, "Surely the Government has greater priorities right
now than helping Kiwis invest in the stock market? $800
million would go a long way to increasing capacity in
frontline health services."
households threatened with job losses would appreciate
having their $512 annual KiwiSaver subsidy in hand today as
an income tax rebate, to increase their financial buffer
during a time of
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I believe in yesterday as much as Paul McCartney, but it was bemusing to see the amount of media attention lavished last week on the pandemic-related musings by former government science adviser Sir Peter Gluckman, former Prime Minister Helen Clark and former Air New Zealand chairman Rob Fyfe. Unfortunately, the Gluckman paper had no fresh insights to offer as to how and when New Zealand should re-open to visitors from places where the Covid-19 virus rages on, virtually unchecked. Instead, Gluckman and Co posed a string of rhetorical questions – I counted 23 of them in a three page document – presented as if no-one has ever considered such matters before... More>>