Posts Tagged ‘Superannuation’

Day of Prayer for Migrants – Was Winston the answer? Comments 0

Tuesday, June 19th, 2012

On the day when Catholics throughout New Zealand were praying for refugees and migrants Winston Peters suggested that New Zealand’s superannuation fund could be conserved by making elderly migrants ineligible. He told the the New Zealand First Conference in Palmerston North on the weekend that migrants were taking advantage of the universal pension scheme. Singling out “a Read more

Net wealth of the 55+ has risen 179.5% in 10 years Comments 0

Tuesday, March 27th, 2012

According to the recently released Roy Morgan Report,  State of the Nation Report 4  –  ‘Spotlight on New Zealanders Aged 55+’ –  the net wealth of the 55+ has risen 179.5% since 2002, despite New Zealand’s total net wealth only rising 130.2% over the same period. This group now has over 50% of the nation’s net wealth, despite Read more