Treasury bangs the drum on ‘unsustainable’ superannuation

The Treasury has issued a warning that the Government’s finances are on an unsustainable path due to the country’s ageing population. Treasury chief economic adviser Dominick Stephens highlighted the increasing number of people over 65 in New Zealand, emphasizing the need for policy changes to address this demographic shift. The speech was delivered at the Chartered Accountants Australia and New Zealand annual tax conference in Wellington.

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