PM right on NZ First super promises

The PM is correct in saying the promise by to boost payments to 72.5 per cent of the average wage is a bad thing.

The current superannuation scheme is already the most generous in the world. It is barely sustainable into the future with an ageing . Promising to increase payemnts even further is the height of irresponsibility, as it will in fact increase the chance of requiring major changes in the future.

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