Fixed that for you
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
NZWarriors.com
I also worked on Auckland light rail and, for the benifit of balance, that project was completely fucked up due to political interference and technical ignorance from Michael Wood and Jacinda Adern.
NZWarriors.com
If it's coming, it has to be before xmas to get a clean start to election yearStuff
www.stuff.co.nz
Think Luxon would be foolish not to take this seriously with national’s recent polling and his leadership seeming largely non existent to many
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- #21,065
Bishops not the one though. Intelligent but like Luxon, lacks the charisma and like ability
Erica Sanford would be my choice but she probably needs more years and experience under the belt.
Wondering if she is part of the fishing industry Sanfords.
NZWarriors.com
Adding t’s for Luxon, removing them for Stanford, all makes sense…Wondering if she is part of the fishing industry Sanfords.
The last two paragraphs of your own post explains a lot. They looking at a user pays system for vessel recovery and I have no idea how that would work. Seems fair enough but haven't heard much more
National doing less for the poor and more for the rich yet again.
Brilliant from Robert McCulloch. This government is shit.
www.rnz.co.nz
Brilliant from Robert McCulloch. This government is shit.
Low income earners biggest losers in Kiwisaver changes - economics expert
The biggest losers in National's bid to super size Kiwisaver are low income earners and small businesses according to an economics expert. If re-elected National is proposing to raise Kiwisaver contributions to a combined 12 percent by 2032. The graduated increase would see contributions split...
www.rnz.co.nz
NZWarriors.com
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- #21,070
Wow, a left wing idea to extract money from employers to employees doesn’t even cut the mustard aye?National doing less for the poor and more for the rich yet again.
Brilliant from Robert McCulloch. This government is shit.
Low income earners biggest losers in Kiwisaver changes - economics expert
The biggest losers in National's bid to super size Kiwisaver are low income earners and small businesses according to an economics expert. If re-elected National is proposing to raise Kiwisaver contributions to a combined 12 percent by 2032. The graduated increase would see contributions split...
I guess KiwiSaver fundamentally favours high income earners and older people as well so you probably don’t like it at all? Let the govt do it all and keep everyone equally poor on the pension?
You can lead a horse to water, but can’t force it to drinkNational doing less for the poor and more for the rich yet again.
Brilliant from Robert McCulloch. This government is shit.
Low income earners biggest losers in Kiwisaver changes - economics expert
The biggest losers in National's bid to super size Kiwisaver are low income earners and small businesses according to an economics expert. If re-elected National is proposing to raise Kiwisaver contributions to a combined 12 percent by 2032. The graduated increase would see contributions split...
If people don’t want to tick the box to embrace higher savings of 6%, they can choose to remain at 3%
Seriously man, it’s not the role of the government to motivate people to look after themselves
Giving people an option to save at 6% isn’t “full of shit”. It’s aspirational
Clearly, those commenting didn't grasp the content of what was being said.
NZWarriors.com
How would you suggest that KiwiSaver would be fairer?
Government contribution to pump low incomes KS balance up so everyone retires with a minimum amount in their KiwiSaver? Higher tax on KiwiSaver for people with a higher balance? Government to take funds from people with a balance over a certain amount?
Making it so the percentages are staggered so only those with a balance under say 25,000 get the 12% combined contributions from themselves and their employer while those between 25,000 to 75,000 get the combined 9%, drop it down from 75,000 to 150,000 to 6% combined and those with balances over 150,000 are only allowed 3% contributions.
Make it so people on certain incomes aren’t allowed to join KiwiSaver?
Make it so there’s a maximum amount that can be contributed to KiwiSaver in one year based on what the lowest full time employed person contributes each year….. ie, the current minimum wage is $23.50 per hour so gross of $940 per week or $48,880 per annum. At 3% contribution by the employee is $1,466 per year while the employers after tax contribution is $1,250. That means the maximum anyone would be able to contribute to their KiwiSaver is any year would be $2,710.
Or should we make sure there’s no disparity between the self employed and those in full time employment? A lot of self employed people only pay around $110 per month into KiwiSaver so they can get the government payout and don’t receive any contribution their employer. Should the maximum that can be paid into KiwiSaver be $1,320 each year?
Means test NZ Super?
Ban all other managed funds so there’s a maximum rich don’t pump their extra disparity making money in there?
Because, the problem as I see it is that the higher the income, the more a saver and their employer will contribute meaning their balance will be higher than someone on a lower income. In other words, it’s easy to say increasing contribution rates will increase the disparity between those on higher incomes and those on lower, it’s much harder to manufacture a solution that doesn’t increase the disparity.
Ever since KiwiSaver started, there has always been comments about how it will cause disparity, but no one has offered a solution to stop it.
Three News today ran an item comparing KiwiSaver and NZ Super to Australia and had an educationist on there saying that we need to have a system more like they do in Australia to reduce the disparity between those with high retirement savings and those with low. Problem with that, is Australia is also battling with the disparity in retirement savings. Why? Because those who earn, save more, whether the contributions are split between the worker and employer like is NZ or made just by the employer as in Australia.
