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The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand.New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ...
Regal and vice-regal Government Other party leaders in parliament Judiciary Main centre leaders Regal and vice-regal Head of state – Charles III Governor-General – Cindy Kiro Charles III Cindy Kiro Government Legislature term: 54th New Zealand Parliament. The Sixth National Government, elected in 2023, continues. Speaker of the House – Gerry Brownlee Prime Minister – Christopher Luxon ...
Notable for being the first ever New Zealand government to have three parties in cabinet. A further five National MPs would sit outside of Cabinet, along with two ACT MPs and one NZ First MP. [280] [281] In a first for New Zealand, the Deputy Prime Minister role will be split for the term, with Winston Peters holding the office until 31 May 2025.
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
[1] [12] National Superannuation was renamed New Zealand Superannuation in 1993. The age of eligibility became 61 in 1992, then gradually increased to 65 between 1993 and 2001. [12] [14] Those receiving New Zealand Superannuation can receive some subsidised goods and services through use of the SuperGold Card. [15]
In late January, the Government chartered an Air New Zealand aircraft to assist in evacuating New Zealand, Australian, and Pacific Island nationals from Wuhan. [81] On 2 February, temporary travel bans were imposed on COVID-hit countries like China and Iran. [82] [83] New Zealand's first COVID-19 case was confirmed on 28 February 2020. [84]
Created the New Zealand Superannuation Fund (2001); KiwiSaver retirement savings scheme (2007); Purchased a majority stake in Air New Zealand (2001); Renationalised New Zealand's national rail network (Under ONTRACK) (2004), and in 2008 the rail and ferry operations of Toll New Zealand (renamed KiwiRail). KiwiRail and ONTRACK were then merged ...
Fitzgerald v Muldoon and Others is a 1976 New Zealand Supreme Court [a] case concerning whether press statements by Robert Muldoon had breached section 1 of the Bill of Rights 1688. In its decision, the court ruled "That the pretended power of suspending of laws, or the execution of laws, by regal authority, without consent of Parliament , is ...