KiwiSaver

Column: Cullen finds a different way to skin the Super cat

Wednesday 19th of July 2000
For all that Finance Minister Michael Cullen's new formula for creating a universal pension scheme will be reported as a change wrought in negotiations with the Alliance and the Greens, the new version is virtually identical in its effect to his original proposals.

By calculating contributions to the fund as a proportion of GDP rather than as a defined portion of the tax take, Dr Cullen is...

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