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nzlabour's profile
New Zealand Labour
New Zealand Labour
New Zealand Labour
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@nzlabour

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New Zealand LabourVerified account

@nzlabour

Let's do this. Authorised by Dianna Lacy, 160 Willis St, Wellington.

New Zealand
labour.org.nz
Joined July 2008

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    New Zealand Labour‏Verified account @nzlabour Feb 2

    ✔️ We’ve restarted payments to the Super Fund. Find out more here: http://nzlp.nz/100days pic.twitter.com/MaGgfONwt7

    8:00 PM - 2 Feb 2018
    • 12 Retweets
    • 59 Likes
    • www.happyops.net Alexa Kennett Clare Hardy RealLiberalism Karen Hurley Fey Hag jocey Janette Gough Shane Henderson
    8 replies 12 retweets 59 likes
      1. New conversation
      2. Andre‏ @NZLAndre Feb 3
        Replying to @nzlabour

        God help us. Even the biggest halfwit knows you shouldn't borrow money to invest as the cost of borrowing money is always greater than the profit on investment. Which one of the Labour idiots is the finance minister?

        1 reply 2 retweets 4 likes
      3. Just Donika‏ @Donderpants Feb 3
        Replying to @NZLAndre @nzlabour

        Normally I'd agree, but superannuation seems to have had very good returns. NZ bond interest rates are relatively low, compared to superannuations returns.

        1 reply 0 retweets 0 likes
      4. Andre‏ @NZLAndre Feb 3
        Replying to @Donderpants @nzlabour

        If you believe that, why aren't you borrowing as much money as possible to invest in your superannuation? Basic economic 102. The return on Investments are NEVER higher than the cost of borrowing money,

        1 reply 0 retweets 0 likes
      5. 3 more replies
      1. Antoin Ó Fearghail‏ @awhikiri Feb 3
        Replying to @nzlabour

        But @jacindaardern I thought you said Capitalism had failed? Apparently not so much that you aren't willing to risk borrowing to invest in the evil equity markets for the benefit of retirees. How about some business friendly get out of the way type policies instead of welfarism.

        0 replies 0 retweets 2 likes
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      1. colin campbell‏ @colinca45113062 Feb 3
        Replying to @nzlabour

        Where's the money coming from?? Nationals kitty must be exhausted by now. You weasel your way into office , put us into debt, just for your ideological claptrap.

        0 replies 0 retweets 1 like
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      1. PK‏ @moravian63 Feb 2
        Replying to @nzlabour

        I'd sooner have my money that is confiscated from me in tax that I could invest for my own super fund.

        0 replies 0 retweets 1 like
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      1. Jim Rose‏ @JimRose69872629 Feb 2
        Replying to @nzlabour

        How much is lost to the health budget to pay for that policy whose aim is to put off putting up the eligibility age to 67 @TaxpayersUnionhttps://utopiayouarestandinginit.com/2017/12/14/instead-of-what-nzsuperfund-contribution-resumption-taxpayersunion/ …

        0 replies 0 retweets 1 like
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      1. Jim Rose‏ @JimRose69872629 Feb 2
        Replying to @nzlabour

        .@NZSuperFund will pay for 12.5% of NZ super, raising its eligibility to 67 reduced cost by 10% @TaxpayersUnionhttps://utopiayouarestandinginit.com/2017/12/15/how-much-saved-by-raising-the-superannuation-eligibility-age-to-67taxpayersunion/ …

        0 replies 0 retweets 0 likes
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