Labour likes to talk about National looking after their rich mates and the top end of town. David Cunliffe even used the term in his stand up on Tuesday after his rather testy and some say shouty caucus meeting.
But could it be that Labour are the ones looking after their rich mates in the finance industry…I mean if the accusation is good enough for Labour to use it should be good enough for anyone else to use. The Herald reports:
Labour would raise the age of eligibility for New Zealand Superannuation to 67, make KiwiSaver compulsory for employees and increase the KiwiSaver contribution rate if voted into power.
Deputy Labour leader David Parker told members of the superannuation industry his party was not afraid to tackle the age of eligibility issue despite it being politically challenging.
“I am willing to deal with the age of eligibility for superannuation. This is not populist politics.” Read more »