07/07/2021
Judith Collins on The AM Show. Credits: Video - The AM Show; Image - Getty Images / The AM Show
Judith Collins thinks Kiwis will be on board with raising the age of eligibility for superannuation because they love working.
The age is currently 65, but a new report from Treasury has cast serious doubt on whether that s sustainable. Kiwis are living longer, spending more of their lives eligible for the no-strings-attached payment, and an increasing number of us are over 65.
On current trends, Treasury estimates the cost of universal super will increase by more than 50 percent over the next 40 years, contributing to a Budget blowout and sending debt into the stratosphere. It recommended either upping the age to 67 or taxing recipients more on their other incomes to help pay for it.
Collins says Kiwis want to keep working into their late 60s msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Netanyahu s exit a chance for Aotearoa to reset relationship with Israel stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
New Zealand government rejects experts’ plan to fully investigate Pike River mine disaster
On May 27, New Zealand’s Labour Party-led government formally rejected a Conceptual Development Plan submitted by international mining experts to investigate further the Pike River underground coal mine, to uncover the precise causes of the 2010 disaster that killed 29 workers.
The Independent Technical Advisory Group (ITAG) produced the plan on behalf of 23 of the 29 families of the men who died at Pike River. The group includes former chief inspector of mines Tony Forster, UK-based mining engineer David Creedy and mines rescue expert Brian Robinson. They have all studied the disaster for years and provided advice to government agencies on how the mine can be safely explored to recover evidence and potentially human remains.