3. CHARLES CHAUVEL (Labour) Link to this
to the Minister of Finance
Has he received any recent reports on the merits of the KiwiSaver scheme?
Hon Dr MICHAEL CULLEN (Minister of Finance) Link to this
I have received many, many reports on the merits of the KiwiSaver scheme, including, of course, full inclusions in the New Zealand Herald of major reports, and a range of other reports from people such as financial commentator Mary Holm, who said today that “practically all individuals will be better in than out.”, and senior Fairfax journalist Bernard Hickey, who said last week that “Enrolling in KiwiSaver is a no-brainer.” for just about everyone.
Hon Dr MICHAEL CULLEN Link to this
Yes. I have seen reports that at various times challenge the existence of a savings problem, endorse KiwiSaver, criticise KiwiSaver, promise to keep KiwiSaver, promise to abolish KiwiSaver, and promise to keep some bits of KiwiSaver and abolish other bits of KiwiSaver. These reports all come from Mr Key and Mr English. I have also seen Jo Doolan’s assessment that “National’s grandstanding and lack of a definite policy is also less than helpful”.