It would become an issue if the numbers of elderly taking out loans increased.
"Simon William "Bill" English" is the Deputy Prime Minister of New Zealand/Deputy Prime Minister, Minister of Finance (New Zealand)/Minister of Finance and Minister of Infrastructure of New Zealand.
English entered parliament in 1990 as a New Zealand National Party/National party Member of Parliament/MP representing the Wallace (New Zealand electorate)/Wallace electorate. In 1999 English served as Minister of Finance for a brief period until National, under the leadership of Jenny Shipley at the time, lost the New Zealand general election, 1999/election later that year. In October 2001 he replaced Shipley as the leader of the New Zealand National Party/National Party, but after a disastrous result in the New Zealand general election, 2002/2002 election he was replaced as the leader by Don Brash in October 2003. After Don Brash's resignation in November 2006 he became deputy leader of the party under John Key, becoming the Deputy Prime Minister after a New Zealand general election, 2008/November 2008 election victory. English retired as an electorate MP at the New Zealand general election, 2014/2014 general election and became a list-only MP.
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