The Dim-Post

May 28, 2009

Quick post budget prediction

Filed under: Politics — danylmc @ 2:37 pm

The next election will be about superannuation and very little else.

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8 Comments »

  1. You are bold, but I think National will be sharpening the knives. They’ll hope to sell this on the basis that they’ve been prudent and careful for the past 3 years. Mwa-ha-ha.

    Comment by StephenR — May 28, 2009 @ 2:49 pm

  2. [...] May 28, 2009 by JakeQuinn To raise the age of national superannuation entitlement from 65 to 67. Like Australia are gonna do. ¬†We are living longer. We can retire older too can’t we? That debate has now been kicked for touch (to the next election?). [...]

    Pingback by Budget 09 – an opportunity lost « Life and Politics.co.nz — May 28, 2009 @ 3:17 pm

  3. If you are right Bernard Hickey’s comments in the post above are relevant. So Gen X, Y, Z, and then Geb AA & AB will be paying for the good time Baby Boomers Super Time have had since the 60’s. Boy it sucks to behind them in line and find they have eaten all the pies.

    Comment by pkiwi — May 28, 2009 @ 3:45 pm

  4. And by not renewing the super fund National will be killing their vote for the people it will affect the most: babyboomers.
    P kiwi: im not sure you can say that babyboomers have had a grea time of it. My parents are boomers, and they went through the oil shocks in the 70’s, muldoon in the late 70’s and early 80’s almost bankrupting the country, interest rates at 18%, unemployment at over 10% etc etc. I’m one of the people who is in ‘gen Y’ but you can hardly say the baby boomers have had it cushy. Maybe growing up in the 60’s but certainly not after that.

    Comment by jumpingonabandwagon — May 28, 2009 @ 4:26 pm

  5. Note to Opposition parties: spend time now honing the message around the benefits of a smoothed pay as you go Super plan (i.e. the Fund).
    Because it’s been very rare to find a concise and accurate defence of it recently.

    Comment by Gareth — May 28, 2009 @ 4:51 pm

  6. Next election about super? The war between the generations you mean. The baby boomers, after having killed morals, are now going to kill the few children they managed to get to be able to retire in comfort? Something like that perhaps.

    Comment by Berend de Boer — May 28, 2009 @ 5:59 pm

  7. Superannuation? Tariana Turia has the answer: a cull.

    From today’s Herald:

    She said the party had no concerns about the decision to drop payments for the superannuation fund.

    “Most of our people hardly live to be 65. I don’t think it’s going to have a huge impact on our people.”

    That’s reassuring.

    Comment by sammy — May 29, 2009 @ 8:42 am

  8. Well, maybe they should be paying less tax if they’re never going to get it back in the form of super ;-)

    Comment by StephenR — May 29, 2009 @ 8:48 am


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