Kerre McIvor: We need to raise the superannuation age
(Photo / Getty) Tue, 6 Jul 2021, 12:09PM
The sound of flapping you hear in the air is the sound of all our chickens coming home to roost.
Treasury s most recent analysis of the Government s long term finances sees the country facing an interminable cycle of debt and deficits, with debt levels rising to more than two trillion dollars in 40 years if it doesn t get the costs of an ageing population under control.
The cost increases will be driven by the cost of healthcare and superannuation, which will both increase under the weight on an ageing population.
Where did the Fed s 2% inflation target come from? — Quartz
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Where did the Fed s 2% inflation target come from?
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Dileepa Fonseka05:00, Jun 05 2021
ROBERT KITCHIN/Stuff
Judith Collins consoles Sharareh Khojasteh and her son Daniel Ahmadvand (right) during a protest outside Parliament for split migrant families.
OPINION: Accountants are good people to blame when you run out of anybody else to. Still, I find it odd to be blaming this accountant I met at a recent migrant protest for the low-productivity situation we find ourselves in. The word ‘productivity’ has been rearing its head recently, but not the way we once knew it. During the 1980s and 1990s it was used to justify major economic reforms and lift output, but these days it is more commonly heard in relation to migrants who are being accused by various ministers and economists of spreading economic growth too thinly through the mere act of moving here.