Step up Winston Peters.
He wants to steal your money and use it to buy back State "assets". And what happens when you retire and want your money? Oh, Winston says your money he has stolen has a government guarantee. In other words, taxpayers give you back your Kiwisaver funds stolen by Winston to buy back State "assets"!! I'm not making this up, read the article.
But the best is yet to come - this idea of his to steal your money is a bottom line in next year's election!
I look forward to support for this from the Greens and Labour. After all, they support the buy-back of assets too. And to do so they either had to fund it through cash or debt. Until Winston came along; now they will just use your money.
I am heartily sick of politicians stuffing around with superannuation policy to suit their own agenda. This one takes the cake. Winston and his ilk will steal your money placed in fund managers by you, and put it in a fund managed by, effectively, politicians.
So if we elect a Green/Labour/NZ First government next year, we will have a return to an economic model that will make Muldoon look hands-off.
Cunliffe and the other two parties will not only control monetary policy (all three of these parties agree to that mostly), but they will also control superannuation and retirement savings. The Greens will support this
New Zealand will be a frightening place to live if private money is stolen by politicians in order for them to play around with and buy votes.