Articles tagged NZ Superannuation

Former EPMU leader and Labour list MP Andrew Little has announced he will run for the Labour Party leadership, saying he wants a review of all of Labour's policies, including its Capital Gains Tax, its plan for a later retirement age and its New Zealand Power policy.

Despite Australia's new conservative Government flagging a review of its retirement age, Prime Minister John Key has stuck to his view that New Zealand can afford to keep its age of eligibility for an non-means tested New Zealand Superannuation at 65.

Rejecting repeated official advice and critics in the opposition, Finance Minister Bill English has argued New Zealand's economy can absorb the costs of an ageing population in the same way it dealt with a rise in single parent households.