Superannuation

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This topic contains 48 replies, has 16 voices, and was last updated by Profile photo of Mona Mona > 7 days ago.

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  • #103549
    Profile photo of oldkiwikid
    oldkiwikid
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    Member since: November 26, 2006
    Topics: 58
    Replies: 4750

    I saw a disquietening thing on the news the other day. Bill English was talking about super and said he thought that 66% of the average wage was too high for super. John Key was very non-committal when he was asked for his views. While I don’t like a lot of Auntie Helen’s policies, at least she never cut the super, in fact she raised it (at the insistence of Winnie). All the cuts that have been made to benefits as well as super, have been made by the National Party. I would like to see a change of Government but at this stage I don’t like the alternative. What do you all think?

    #103550
    Profile photo of trogan
    trogan
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    Member since: August 1, 2006
    Topics: 46
    Replies: 1596

    Muldoon cut our super , Macully put our rent up to market rates , they took away our first super plan because todays oldies were yesterdays greedy and were just that GREEDY .You may want a change but please , give serious thought to those of us who went through it before . Sooner the wine I know than poison I knew.

    #103551
    Profile photo of Jens
    Jens
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    Member since: May 3, 2006
    Topics: 24
    Replies: 6056

    trogan – don’t you remember that Muldoon did not cut, but raised our super to a level nearly bankrupting the country? (He reduced the eligibility age to 60, and raised its rate to 80% of the average wage, but had to start cutting it all at the next election. And we were all misled by some professional economists that it was “all right”)!
    At least he gave us back all the money we started accumulating under the Norman Kirk Fund, whose author was, I believe, the then Labour’s Finance Minister youngish Roger Douglas.
    Well, old kiwi kid – since Winnie is the only politician to support all Cullen/Helen’s super- and KiwiSaving efforts, and courageous enough to insist that this is not only the way to better sustainable retirement prosperity, but also the key to accelerate our economic growth rate to catch up with Australia and make everything else we desire more affordable – like higher wages, tax cuts, health and welfare services – why not encourage and support Winnie to carry on for the benefit of New Zealand, not foreign financiers?
    He only needs say 10% of the vote to be an influential coalition partner, and look what he has achieved at present with only 5% support. Cheer up, old kiwi kid – Jens.

    #103552
    Profile photo of bobbity
    bobbity
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    Member since: September 14, 2006
    Topics: 38
    Replies: 5582

    No government can satisfy all of the people all of the time I reckon. National will not only cut Super if they can, but they will definitely try to bring back asset and income testing and reduce us to povefty levels again. History repeating itself.! At least the way it is now, we can have an extra income without beind penalised.

    I do know there are other considerations when electing a government, but every one votes for the one that is going to help themselves and their families the most don’t they? (There are probably exceptions to that)

    Leave well enough alone if things are ok.?

    #103553
    Profile photo of Jens
    Jens
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    Member since: May 3, 2006
    Topics: 24
    Replies: 6056

    bobbity – if we leave things as they are without efforts to meet increasing demands, we will begin sliding backwards again. Please consider to support the future through increasingly widening saving, investment and ownership of what we need and want. – Jens.

    #103554
    Profile photo of trogan
    trogan
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    Member since: August 1, 2006
    Topics: 46
    Replies: 1596

    Please Jens ,don’t put RGs name on this comment , Just the thought of him and Prebble is enough to bring me out in hives .

    #103555
    Profile photo of Jens
    Jens
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    Member since: May 3, 2006
    Topics: 24
    Replies: 6056

    Sorry, trogan, I thought we are relaxed and happy enough to let bygones be bygones, and be thrilled by trying to improve the future instead.
    I better be more careful what I say about the past,if mentioning names in association with ideas, the names might evoke stronger emotions about the idea, than the idea by itself. – Jens.

    #103556
    Profile photo of bobbity
    bobbity
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    Member since: September 14, 2006
    Topics: 38
    Replies: 5582

    Yes Jens..I was meaning that a new government would be just as faulty as the last one anyway, but in different ways iof course. But implementing CHANGES for the better is always good.

    #103557
    Profile photo of Jens
    Jens
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    Member since: May 3, 2006
    Topics: 24
    Replies: 6056

    bobbity – your realistic optimism is the kind of fresh breeze that will do us good now and for the elections in 2008. – Jens.

    #103558
    Profile photo of Bryan
    Bryan
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    Member since: October 28, 2006
    Topics: 14
    Replies: 11584

    I can honestly say I have no idea who I will support in future. At present there is only one man in Parliament that I can say I trust and he is on his first term. It seems to me that they all go in with ideas to change things then get sucked into system of good living and the power struggle. I’m sorry Jens at one stage I thought Winston was about to make a stand, now I find him arrogant and self opinionated. It seems to me that he is only interested in keeping himself in a job rather than helping anyone else.

    At Home, At Peace and Causing Trouble In South Taranaki

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