This week's budget from Finance Minister Bill English has already been labelled the most important budget since Roger Douglas brought down his first Rogernomics budget in 1984.
Wellington, Sept 29 NZPA - New Zealand Superannuation Fund went backwards by 4.92 percent in the year to June 30 because some of its international equity managers underperformed benchmarks and also because it built up a stake in Auckland International Airport.
Wellington, Sept 29 NZPA - New Zealand Superannuation Fund, known as the Cullen Fund, reported a negative 4.92 percent return in the year to June 30.
Wellington, Sept 26 NZPA - The Government Superannuation Fund (GSF) has recorded an after-tax deficit of $260.9 million in the year to June 30, which it puts down to falling share markets. The deficit represents a minus 6.7 percent return on average assets.
By Simon Louisson of NZPA Wellington, June 20 NZPA - It seemed like a worse week than it actually was. Each day this week the NZSX-50 gross index fell and it sank to its lowest level in 28 months. However, the percentage fall for the week was only just over 3 percent.
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