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Member since 03 May 2006
Member from Point Chevalier
Posts: 1873
Hi All - especially the unemployed, low wages earners, and those who would really like to do something effective to see New Zealand emerging from the current depression faster, and economically stronger than before!
Now is the time to urge Govt. and political parties to come up with some universal systematic (retirement) savings and investment scheme as an election issue in 2011 - for without it, we will depend too much on foreign (IMF? etc.) savings,and the vagaries of intetrnational trade and trading cycles.
Compulsory KiwiSavings have been mentioned by some commentators already, but - unless someone comes up with something even better - isn't there much more going in favor of the simple amendment of the NZ Super Fund into a permanent institution of Personal Accounts?
The time for clarifying discussions is now - or do we really prefer the status quo, as if nothing could be done about it?