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We need to stop asking if NZ can afford its superannuation scheme. It’s the wrong question

Getty Images Like many countries, New Zealand has an ageing population. Retirees are living longer while fertility rates have fallen. The number of workers relative to retirees will decline. If nothing changes, NZ Super will consume an increasing share of GDP and government revenue. The Treasury is therefore right to ask whether current arrangements are sustainable. And Finance Minister Nicola Willis is also right to want a “mature, grown-up conversation” about it. But whether we can afford NZ…

Where: New Zealand

Exact coordinates

new zealand: -40.900, 174.890

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