PremiumThomas CoughlanPolitical Editor·NZ Herald·23 Jun, 2026 08:11 AM6 mins to readLabour leader Chris Hipkins says the party will set out its fiscal plan for the next term of Parliament in due course. Photo / Mark Mitchell
Labour says it thinks it can make the cost of superannuation sustainable in the future without changes to entitlements, despite Treasury previously warning superannuation would rise to about 8% of GDP by 2065, a sum worth about $13 billion a year if calculated in terms of today’s economy.
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