Not we would be even richer since we didn't sell our assets for scrap.
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Which leads me to ask when is she going to step down as leader?
Ms Ardern did not want to be Labour leader prior to the overthrow of Mr Little, so therefore not PM either.
When Winston installed her as PM, she has since appointed some equally reluctant or incompetent Ministers such as Clare Curran, Kris, Poto, David Clark etc and the cross between Father Christmas & Robin Hood, David Parker.
I believe she wants out, and the Sharma and now Parker debacles have meant she has had to delay the announcement, as she doesn't want to be seen to be leaving a sinking ship, but just as equally won't want to abandon her pay rate, till a sweet UN type position is available.
Helen, can you help?
Nominations please for her departure month, and also her replacement.
The correct answer receives 2F 1C.
Credit where credit is due. She remains the most popular politician in the country, which is quite remarkable, and says much about her likeable personality. But not surprising she's made it to leader given the hopeless bunch of riff-raff in her Labour caucus. I certainly wouldn't want her replacement to come from their current ranks. Imagine Kelvin Davis, David Parker, Nana Mahuta, Phil Twyford, Willie Jackson, Tamati Coffey, Greg O'Connor etc - as Prime Minister? Be honest --- you couldn't, could you!
See if you could pick a better leader from this sad bunch.
https://www.labour.org.nz/ourteam
There's only one who could replace her from that lot.
FP doesn't like the look of diversity it seems (having a team which looks like NZ).
Still on the GST on managed fund fees saw this headline.
https://www.newshub.co.nz/home/polit...ax-u-turn.html
Amelia Wade must have not liked the thought of her Kiwisaver being affected.
And the fallout from the plan to wipe $103 billion from KiwiSaver funds
The main people undermining Kiwisaver are people like Amelia with sensationalist statements. The $103 billion by 2070 (a lot of people on this site will be dead by 2070) is the GST the fund managers will have paid to the people of NZ. She makes it seem like we will all lose our savings and we will lose some as managers pass on the GST to customers but the way it has been framed does not seem right to me.
Amelia makes no attempt to educate the ignorant but add fuel to the fire of outrage. No attempt to educate or inform because apparently that is not the media's role anymore. Once we leave school or university most of the information we get is through the media (or worse social media, a place where even I can have an opinion) so it is unfortunate that it is focused on attracting attention rather than providing anything close to informed debate or useful context.
There's more than one way to skin a cat!
Attachment 14119
Cullen did create a PIE tax grabbing KiwiSaver in the first place though. NZ did not get a tax concessionary pension scheme, unlike in many other countries. Yet Cullen was happy to leave those with real estate to keep their leveraged capital gains mostly untaxed. So Cullen may have had red thoughts but he was pale pink in effect.
It was until National removed it (they are against low and middle class people having savings).
Kiwisaver contributions could have been an attractive incentive in today's job market if it remained untaxed. There's no incentive to provide more than the absolute minimum now.