NZ Treasury says more over-65 labourers needed to combat costs

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NEW ZEALAND - Treasury deputy chief executive Gabriel Makhlouf said encouraging those 65 and above to work could help make a dent in the country's "unsustainable" superannuation and other budget costs.

Speaking at the Conference on Retirement Income Policy and Intergenerational Equity today, Makhlouf said New Zealand's work force is generally high by international standards, but declines in compa...

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