Lisa Marriott PhD, MBA, BSc, BCA (Hons), CA, is an Associate Professor/Honours Programme Director at the School of Accounting and Commercial Law,Victoria University
http://www.stuff.co.nz/business/money/69348442/new-zealand-superannuation-the-facts-and-the-fiction
Posted by Alec Waugh
Thank you, Lisa
People talk about the difficulty of means testing and the many ways it is possible to negate any test of income or assets. The moment we talk about testing, the issues of complexity and cost are raised. Comparisons with Australia are given to show how much cheaper and transparent our regime is. But the problem remains.. we give the same (gross) amount to everyone. Is this political realism or just despair? I can’t believe it is efficient, not to mention just, to pay the rich and the poor the same. Michael