Story perspectives
NZ PM Pushes Super Age Raise as Costs Balloon
5/10/2026
33 6
1 of 1
Story summary
- Prime Minister Christopher Luxon announced the National Party will propose raising the superannuation eligibility age.
- New Zealand’s working-age to senior ratio fell from about seven to four and is projected to reach two by 2065.
- Finance Minister Nicola Willis warned NZ Super costs could rise by $6 billion annually, exceeding 20% of tax revenue.
- Labour leader Chris Hipkins said he is open to a bipartisan discussion on means-testing NZ Super.
