Latest / Best of Business / Jenee Tibshraeny: NZ Herald Wellington business editor on Te Pāti Māori saying Māori should receive New Zealand Superannuation early

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Jenee Tibshraeny: NZ Herald Wellington business editor on Te Pāti Māori saying Māori should receive New Zealand Superannuation early · Best of Business

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  Speaker 1: You're listening to a podcast from News talks'd be follow
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  Speaker 2: By the way, on the Trump tariffs thing, obviously there's
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  Speaker 2: been a bit of talk about Trump wanting to put
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  Speaker 2: some tariffs on pharmaceutical products and stuff like that. So
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  Speaker 2: we have a chat to doctor Graham Jarvis of Medicines
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  Speaker 2: New Zealand. He's the CEO there be with us in
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  Speaker 2: around about twenty minutes time or thereabouts. Right now, it's
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  Speaker 2: eighteen past six. Now, as we've been discussing, the Marori
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  Speaker 2: party want Marty to be able to receive the pensionet's
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  Speaker 2: ten years earlier than the rest of us, So all
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  Speaker 2: of us get it at sixty five and they want
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  Speaker 2: Marty to get it at fifty five. Jenatib Trainey is
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  Speaker 2: The Herald's Wellington business editor and with us now, how
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  Speaker 2: do you name hey?
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  Speaker 1: Ever?
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  Speaker 3: All right?
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  Speaker 2: How did the guardians of the Superfund react when they
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  Speaker 2: heard this completely copped idea?
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  Speaker 3: Well, I think when the Tapati Maori co leader Rahwari
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  Speaker 3: Waitetti asked the guardians, they were a bit shocked because
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  Speaker 3: the Superfund is in charge of managing the country's sovereign
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  Speaker 3: wealth fund that will help pay for super in the future.
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  Speaker 3: It's not responsible for setting policy around who should receive
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  Speaker 3: you know, n Z super and when. But as always
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  Speaker 3: happens in these select committee meetings that the politicians run,
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  Speaker 3: they always try to use them to promote their own policies.
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  Speaker 3: And that's exactly what to Party Marti did in this one.
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  Speaker 2: Now, explain to me, because this is this is the
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  Speaker 2: this is the thing that is perplexingly why doesn't Labor
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  Speaker 2: just kill us at idea immediately?
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  Speaker 3: Yeah, Look, that is the key question, and that's what
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  Speaker 3: really makes this an issue. To Party, Marty has had
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  Speaker 3: this policy for some time. It believes that age should
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  Speaker 3: be lower because Marty's life expectancy is lower, you know,
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  Speaker 3: and that is that is correct, It is about eight
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  Speaker 3: years lower than Pakiha. But then also Asian people have
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  Speaker 3: higher life expectancy, the European and others. So it starts
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  Speaker 3: awfully difficult when you look at the different races and
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  Speaker 3: different life expectance. But that's Party Mardi's view. Interestingly, Labor
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  Speaker 3: did not shoot this idea down straight away. Now. The
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  Speaker 3: reason you think it might is because this is a
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  Speaker 3: very controversial view and Labor obviously tries to pitch for
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  Speaker 3: that middle ground. I'm not sure how well this policy
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  Speaker 3: would go down with the middle ground. But interestingly, I
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  Speaker 3: wrote the story that you know said Labor was fairly
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  Speaker 3: tight lipped on the issue. But since then, just short
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  Speaker 3: just this afternoon, the Labor Party came back to me
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  Speaker 3: and said, oh, we're updating our position, and they've categorically
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  Speaker 3: said we have no plans to change the age of
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  Speaker 3: super yeah, and would not support targeting eligibility on the
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  Speaker 3: basis of ethnic So.
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  Speaker 2: I mean fair to say that what this was most
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  Speaker 2: likely is just a kind of I don't want to
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  Speaker 2: say she's green, because she's not green, but just a
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  Speaker 2: reasonably new MP in Barbara Edmonds, trying to feel her
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  Speaker 2: way politically on this right. So just a tiny misstep
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  Speaker 2: from her rather than anything massive.
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  Speaker 3: I'm not too sure happened at the Labor Party side.
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  Speaker 3: I'm not really really too sure. But I think the
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  Speaker 3: bigger picture here is that we have seen with this
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  Speaker 3: coalition government that you know, we if we dismiss minor
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  Speaker 3: parties policies because we think, oh, well, that's never going
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  Speaker 3: to happen, you know, you never know what can happen
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  Speaker 3: if the major parties do end up needing that the
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  Speaker 3: minor parties support going into government.
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  Speaker 2: That's a fair point that you make, actually, Jane. Thanks
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  Speaker 2: very much, Jepherney, the Herald's Wellington Business editor.
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