INDEPENDENT NEWS

Super Too Important For Politicking

Published: Thu 20 Jul 2000 12:39 AM
New Zealand First has today urged Labour to maintain its course and deliver on its Superannuation undertaking.
“If Labour intends to create a new political environment where promises to the electorate are kept they must do everything they can to get the numbers to get their policies through. That is what MMP is all about.
“The development of a tax based, stand alone superannuation scheme is vitally important. It is time to stop the politicking and start saving,” said Leader Winston Peters.
“I will be seeking a meeting with Jim Anderton and urging the Alliance to support the development of Labour’s original plan. We cannot afford to undermine future certainty.
“That is why personalised accounts, like Prime Minister Kirk’s scheme, is important. A pool fund can easily be attacked by the National Party as Mr English threatens whereas even the National Party would not be so stupid as to attack over 3 million personalised accounts. In short, any entrenched clause protection is superficial whereas attacking personalised accounts would be political suicide for any group of politicians.
“We repeat our pledge to actively work for the establishment of a desperately needed savings base for this country and achieving adequate retirement incomes for the elderly,” said Mr Peters.
Mr Peters said that politics must be put aside so that New Zealand, in line with other Western democracies, can pursue the “personalised” dedicated tax funded option.
“Politics wrecked Prime Minister Kirk’s visionary plan and it wrecked the compulsory super scheme in 1997. It must not be allowed to wreck another good idea,” said Mr Peters.
ENDS

Next in New Zealand politics

Teachers unions to take legal action against Novopay
By: RNZ
Consensus reached on reducing agricultural emissions
By: New Zealand Government
Gordon Campbell on what’s wrong with Wellington
By: Gordon Campbell
$1m Compensation To Christchurch Gun Owners In First Event
By: RNZ
Youth Parliament 2019 Event Kicks Off in the Capital
By: New Zealand Government
Foreign Minister to visit United States of America
By: New Zealand Government
Gordon Campbell on the Aussie banks’ latest fee hike excuse
By: Gordon Campbell
Long delay in pay increase for teachers unacceptable
By: NZEI
Greater role for gas in electrification of transport
By: BusinessDesk
UPDATE: Govt eyes 2025 for farm-level emissions pricing
By: BusinessDesk
Govt won't "die in a ditch" for 100% renewable target
By: BusinessDesk
Time for action on reducing agricultural emissions
By: Interim Climate Change Committee
Committee calls for accelerated electrification
By: Interim Climate Change Committee
NZ embracing renewable electricity future
By: New Zealand Government
National supportive of primary sector’s ambition
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media