Labour leader Chris Hipkins has defended using a private superannuation scheme, supported by substantial taxpayer-funded contributions available to MPs, to help pay down the mortgage on his family’s holiday home in Raumati.
Hipkins told legacy media the funds represented his personal retirement savings and argued he was simply investing money set aside for retirement. He confirmed he contributes the maximum amount allowed under the parliamentary scheme, where taxpayer contributions can reach more than $36,000 annually, while also contributing to KiwiSaver.
Questioned about whether directing retirement savings into property conflicted with Labour’s calls to shift investment away from housing and towards productive businesses, Hipkins said the holiday home had been in his family for decades and distinguished it from owning multiple rental properties.
He declined to comment on whether MPs’ superannuation arrangements were fair but said he would like to see stronger retirement savings rates for New Zealanders in general.
Hipkins – – – Raumati…..interesting.
Yes I was thinking the same thing.
I’ve been out of the country for a while so I’m not sure what the reference is. I suspect you can’t say directly but can you point me in the right direction?
CREEPY LYING SCUMBAG. Charges, prosecution, sentencing and jail for this slippery punk ASAP.
A pig with its snout deep in the trough.
Generous Subsidies: Under current Remuneration Authority guidelines, MPs are entitled to an employer superannuation subsidy. If an MP contributes at least $14,496 of their own pay per year, the taxpayer matches it to provide the maximum contribution of $36,240
These ***** get rich for screwing over the country while evryone else gets poor
It’s Howdy Hipkins Time…(with overinflated rent..)
https://99percentinvisible.org/episode/581-its-howdy-doody-time/
https://www.youtube.com/watch?v=ysLl9Bp_Ur8
“…owning multiple rental properties.”
That should say it all!
BTW- have you seen the number of Human Dog Kennels that have been built in Christchurch since the quakes?
Property that once yielded only one set of rates from the Kiwi Quarter Acre now has 10 units average, thus increasing rate wealth for the Council times ten for the same property after the Human Dog Kennels were erected…!
What did the money get spent on?
A new stadium that has no public parking…a new aqua & sports centre, and roads that have impacted noise, air and property values nearby the right-of-way!
And everyone else who is struggling and wants to take some out to pay the mortgage etc, gets turned down. What a rort.
He still needs to “ face the music” after defaulting on Covid commission grievances.
No accountability for the crap we are currently in.
He could use some of this money to pay for the damage done to 1000’s of New Zealanders health.
Disgusting, $36K of our money just for this creature, forget the rest. They need to go and the system replaced.
36K… per year.
OK, and the huge numbers of kiwis who are a. Sick due to coerced injections b. Financially maimed due to loosing jobs or having businesses destroyed c. Now living abroad deliberately to escape the 6th Labour tyranny and economic hellfire….can we put our hand in our retirement fund Chippy to fund our families recovery from YOUR evil? This my friends is corrupt tyranny, Kiwi style.
Just another money grubbing scumbag.
Hipkins truly is scum! 🤮🤮🤮
As dirty as that fled exiled hairy arsed whore Ardern.
Hipkins is simply a typical self-serving sociopathic lying corrupt government ars*hole.
Evil twat.
NZ clearly needs a French Revolution style event. It’s the only way to rid ourselves of these evil blood-sucking parasites.
Hunt you down Hipkins is a criminal.
After being told teenagers were at a high risk of blood clots, he ordered our teenages to be injected.
A vote for Hipkins is a vote for genocide.
Little wonder teenagers are now revolting. They know there is a chance a few of them won’t be living ten years from now and it’s the adults to blame.
Sadly soon we will all have a digital id. Same numder for all activitie on the internet.
Every comment made
Every emila semt or received
Every single dite visited
Every kilometre driven
Every step taken.
All email and text message sent or receive.
Every photo and video made.
Ai will award you withe social score.
When we pay tax, we expect that money to be spend on this nation. To help the sick in the poor, tobuild infrastructure and facilitie. To provide retirement for people. Hospitals, roads, An education system. Fair police and courts. Other things along those lines.
Politicians voting on their own income, is repugnant. Especially went the job they do is less that average. Significantly less.
In full view Hipkins and other like him are filling their own pockets at a time when most are struggling to keep a roof over their heads and food in their tummy,s.
Hipkins thinks this is fair and lawful. His ideology is on full display. Do not vote for those arrogant little man.