We want to make sure New Zealand has a flexible and fit for purpose superannuation system, one that not only provides the care people need, but one that gives it when they need it. That’s why we would introduce flexi super, a superannuation scheme that would allow people to cater their superannuation so that it suits them.
We would introduce income sharing for couples with dependent children, to reflect the fact that the family is generally the economic unit and not an individual earner in a family. Income Sharing means that, for tax purposes, the income of both parents is combined and then divided equally. Income Sharing will give couples with children the option of having a parent work fewer or more flexible hours, be at home raising their children, and able to retain more of their combined after-tax income.
Currently, people who have not already got their foot on the property ladder are facing ever increasing barriers to achieving a home ownership goal. We, therefore, need to open new avenues for people to gain access to a home.
The rent-to-own policy opens this new avenue. We would see houses that are already committed to be built by the Government offered as rental properties where part of the rent goes to pay the cost of a deposit on the house.
There needs to be a comprehensive approach to the housing crisis, and sadly, we are not seeing that at present. That is why UnitedFuture is calling for a National Housing Summit, bringing together central and local government, home construction companies, the banking sector, and social agencies to develop a coordinated national housing policy, that deals with making land available for home construction; ensuring we build the number of new houses required; making sure we have the finance packages available to assist families into their new homes; and that the social agencies have support for helping the homeless.
UnitedFuture proposes a bold new approach to tertiary education policy, which would see New Zealand finally offer free education to its citizens from the age of 3 years old, right through to university and beyond.
We propose a zero-fees policy for tertiary education in New Zealand in place of Student Allowances, accompanied by a push to increase the quality of tertiary education and protect the value of New Zealand degrees.