A warning there'll be problems, if no changes are made to superannuation.

Outgoing Treasury boss Dr Caralee McLiesh has made it clear there's a need for a Capital Gains Tax and changes to super, as the population ages.

She points out an increasing share of Government transfers are going to the wealthy.

Former Reserve Bank economist Michael Reddell told Mike Hosking there's a need to increase the age of eligibility.

He says however, it could take another crisis for someone in elect policy circles to make the move.

LISTEN ABOVE

A warning there'll be problems, if no changes are made to superannuation.
Outgoing Treasury boss Dr Caralee McLiesh has made it clear there's a need for a Capital Gains Tax and changes to super, as the population ages.
She points out an increasing share of Government transfers are going to the wealthy.
Former Reserve Bank economist Michael Reddell told Mike Hosking there's a need to increase the age of eligibility.
He says however, it could take another crisis for someone in elect policy circles to make the move.
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Michael Reddell: On problems if no changes are made to superannuation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e954f4d8-8525-4ef2-a7ed-b1de0150665f/transcript