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Economy Matters
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Can we afford our ageing population?

ANALYSIS: As fiscal burden on the state of providing care and superannuation grows, age of eligibility for superannuation will not be sustainable at current levels.

WATCH: NBR columnist Hillmarè Schulze speaks with Jonathan Mitchell.

Superannuation makes up just over half of New Zealand’s total social security and welfare spending. This number is projected to reach 56% by 2027.

Government spending on social security and welfare, which includes superannuation and other types of benefits, has almost quadrupled since 2005.

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Hillmarè Schulze Tue, 19 Sep 2023
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Can we afford our ageing population?
Economy Matters,
100845