EPISODE · Feb 11, 2025 · 3 MIN
Cameron Bagrie: independent economist on whether New Zealand's Superannuation needs to be reformed
from Best of Business · host Newstalk ZB
An economist says New Zealand needs to have a tough conversation about superannuation. Finance Minister Nicola Willis yesterday told Newstalk ZB the scheme needs to become sustainable and a debate about age eligibility will be needed eventually. Bagrie Economics says raising the age makes sense, with the average life expectancy up a lot. Cameron Bagrie says we can't keep kicking the can down the road. "More than 50 percent of all welfare spending is going towards New Zealand's Superannuation - and some people need that money, but there's a chunk of society that I don't think need that money and they're double dipping." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Cameron Bagrie: independent economist on whether New Zealand's Superannuation needs to be reformed
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