Summarised by Centrist
Grey Power is pressing political parties for clearer policies on superannuation, housing, healthcare and the cost of living as more older New Zealanders struggle to meet basic expenses.
Retirees without a mortgage-free home, particularly those relying on New Zealand Superannuation while renting privately, are feeling the pressure.
At a West Auckland meeting attended by representatives of six parties, members described needing supplementary assistance to cover rent and necessities. Community providers also warned that loneliness, isolation and difficulty finding appropriate aged-care placements are compounding the financial strain.
Communicare manager Mike Matthews said New Zealand has more than 900,000 people aged over 65, about 300,000 of whom rely on superannuation as their only income. He expects the older population to reach about 1.3 million within 13 to 14 years.
Waitākere Grey Power identified four priorities: confidence in the long-term sustainability of superannuation; housing policies that help older owners downsize and renters find secure accommodation; better access to aged care and support at home; and relief from power and other living costs.
Retirees who own a mortgage-free property may face rising rates, insurance and maintenance bills, but they still hold an asset. Renters meet many of the same price increases without that buffer.
With older voters likely to be decisive in the November election, parties will be pressed to explain not only whether superannuation remains universal, but whether its current level is adequate for people facing very different housing circumstances.
Re-published from the Centrist with permission
