Rprc April13 Kiwisaver

958 views

Published on

Interest.co.nz editor Bernard Hickey argues for a debate on NZ Superannuation at a Business Breakfast hosted by the Retirement Policy Research Centre at the University of Auckland.

Published in: Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
958
On SlideShare
0
From Embeds
0
Number of Embeds
248
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Numbers at end of 2007. Net worth tripled since 1997. House value tripled since 1997. Mortgages tripled. Shares doubled.
  • Rprc April13 Kiwisaver

    1. 1. Why de-leveraging and the costs of retiring baby-boomers will spark a Super debate<br />RPRC Breakfast, University of Auckland, April 13<br />
    2. 2. We (and the world) can’t afford our gold plated pension schemes<br />RPRC Breakfast, University of Auckland, April 13<br />
    3. 3. It’s all about de-leveraging<br />RPRC Breakfast, University of Auckland, April 13<br />
    4. 4. Deposits and LVRs<br />RPRC Breakfast, University of Auckland, April 13<br />
    5. 5. With 95% LVR Leverage 20 to 1$50k = $ 1mlnBut 80% LVRLeverage 5 to 1$50k = $250k<br />RPRC Breakfast, University of Auckland, April 13<br />
    6. 6. Giant debt boom<br />RPRC Breakfast, University of Auckland, April 13<br />
    7. 7. The growth was false<br />RPRC Breakfast, University of Auckland, April 13<br />
    8. 8. Bigger than 1929<br />RPRC Breakfast, University of Auckland, April 13<br />
    9. 9. Lending collapse<br />RPRC Breakfast, University of Auckland, April 13<br />
    10. 10. Big fat ATM<br />RPRC Breakfast, University of Auckland, April 13<br />
    11. 11. Same here too<br />RPRC Breakfast, University of Auckland, April 13<br />
    12. 12. Bubble pumped up<br />RPRC Breakfast, University of Auckland, April 13<br />
    13. 13. Way too much air<br />RPRC Breakfast, University of Auckland, April 13<br />
    14. 14. So what happens now? Deleveraginghas only just begun <br />RPRC Breakfast, University of Auckland, April 13<br />
    15. 15. Pass the parcel<br />RPRC Breakfast, University of Auckland, April 13<br />
    16. 16. 7 years long25% of GDP= NZ$45 bln<br />RPRC Breakfast, University of Auckland, April 13<br />
    17. 17. Not sustainable<br />RPRC Breakfast, University of Auckland, April 13<br />
    18. 18. Not sustainable<br />RPRC Breakfast, University of Auckland, April 13<br />
    19. 19. Indebted future<br />RPRC Breakfast, University of Auckland, April 13<br />
    20. 20. Saving more<br />RPRC Breakfast, University of Auckland, April 13<br />
    21. 21. Weak spending<br />RPRC Breakfast, University of Auckland, April 13<br />
    22. 22. Weak lending<br />RPRC Breakfast, University of Auckland, April 13<br />
    23. 23. Slow turnover<br />RPRC Breakfast, University of Auckland, April 13<br />
    24. 24. House price fall?<br />RPRC Breakfast, University of Auckland, April 13<br />
    25. 25. House price fall?<br />RPRC Breakfast, University of Auckland, April 13<br />
    26. 26. Beep Beep<br />RPRC Breakfast, University of Auckland, April 13<br />
    27. 27. Rising interest rates<br />RPRC Breakfast, University of Auckland, April 13<br />
    28. 28. Variable cheaper<br />RPRC Breakfast, University of Auckland, April 13<br />
    29. 29. Mind the Gap<br />RPRC Breakfast, University of Auckland, April 13<br />
    30. 30. One big boom<br />RPRC Breakfast, University of Auckland, April 13<br />
    31. 31. Battle of generations<br />RPRC Breakfast, University of Auckland, April 13<br />
    32. 32. So many old, sick people<br />RPRC Breakfast, University of Auckland, April 13<br />
    33. 33. Indebted future<br />RPRC Breakfast, University of Auckland, April 13<br />
    34. 34. Indebted future<br />RPRC Breakfast, University of Auckland, April 13<br />
    35. 35. A debate is required<br />RPRC Breakfast, University of Auckland, April 13<br />
    36. 36. Who will pay and how?<br />RPRC Breakfast, University of Auckland, April 13<br />

    ×