dc.contributor.author |
St John, S |
en |
dc.date.accessioned |
2012-03-25T22:10:01Z |
en |
dc.date.issued |
2007 |
en |
dc.identifier.citation |
The Economic and Labour Relations Review 18(1):27-52 2007 |
en |
dc.identifier.issn |
1035-3046 |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/15247 |
en |
dc.description.abstract |
In the light of the financial consequences of longevity, the potential for widening living standards as the population ages, and the perception of an increased burden by the working age population, recent policy changes in New Zealand appear far from ideal. For nearly twenty years, the retirement system has comprised just a universal state pension, called New Zealand Superannuation, and voluntary unsubsidised private saving. The decision in the late 1980s to promote tax neutrality for saving was critical to attaining a cost-effective, adequate, equitable and sustainable retirement income for all in an uncertain future. Nevertheless, a level playing field was only partially achieved and by the early 2000s large imbalances in the economy were apparent. Strident calls to promote saving gradually undermined the accord around tax neutrality for retirement saving leading in 2007 to the reintroduction of tax incentives for certain types of saving, and other types of state intervention in private provision. This paper examines how the twenty year experiment with tax neutrality is coming to an end and the implications this has for the support of an aging population experiencing increased longevity. |
en |
dc.publisher |
University of New South Wales Centre for Applied Economic Research |
en |
dc.relation.ispartofseries |
Economic and Labour Relations Review |
en |
dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
en |
dc.title |
Farewell to tax neutrality: the implications for an aging population |
en |
dc.type |
Journal Article |
en |
pubs.issue |
1 |
en |
pubs.begin-page |
27 |
en |
pubs.volume |
18 |
en |
dc.rights.holder |
Copyright: University of New South Wales Centre for Applied Economic Research |
en |
pubs.author-url |
http://go.galegroup.com/ps/retrieve.do?sgHitCountType=None&sort=DA-SORT&inPS=true&prodId=AONE&userGroupName=learn&tabID=T002&searchId=R2&resultListType=RESULT_LIST&contentSegment=&searchType=AdvancedSearchForm¤tPosition=1&contentSet=GALE%7CA201212647&&docId=GALE%7CA201212647&docType=GALE&role= |
en |
pubs.end-page |
52 |
en |
dc.rights.accessrights |
http://purl.org/eprint/accessRights/RestrictedAccess |
en |
pubs.subtype |
Article |
en |
pubs.elements-id |
77869 |
en |
pubs.org-id |
Business and Economics |
en |
pubs.org-id |
Faculty of Bus. & Eco Admin |
en |
pubs.org-id |
Faculty of Bus. & Eco Admin |
en |
pubs.record-created-at-source-date |
2010-09-01 |
en |