From RNZ · RNZ | Te Reo Irirangi o Aotearoa · · 1m 10s
David Seymour hints at superannuation age increase
ACT leader David Seymour says raising superannuation age to 67 is inevitable if elected.
In brief
ACT leader David Seymour says raising superannuation age to 67 is inevitable if elected. ACT leader David Seymour states that increasing the superannuation retirement age to 67 is necessary for fiscal health if ACT wins the election. Originally reported by RNZ.
ACT fiscal plan preview
ACT leader David Seymour hints his party's fiscal plan will raise superannuation age to 67 if elected.
Seymour targets fiscal surplus
Seymour claims government's promised surplus in two years relies on 'heroic' revenue assumptions including $12 billion more this year than last.
Seymour criticises past budgets
Seymour accuses Grant Robertson and Nicola Willis of poor fiscal management, saying nz is two thirds closer to peak covid spending than pre-covid.
Superannuation age rationale
Seymour states superannuation bill rises $2 billion yearly, with fewer taxpayers per superannuitant by mid-century.
Seymour's conditions for change
Seymour insists kiwisaver must remain available at 65, early access for physical workers, and tax relief on investments.
Political context
Labour, Greens, and NZ First want superannuation age at 65; National says it should rise to 67 but is softening its stance.
What it means
ACT leader David Seymour states that increasing the superannuation retirement age to 67 is necessary for fiscal health if ACT wins the election.
