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New Zealand Superannuation Fund

Government December Trade Deficit Better Than Expected

Government December Trade Deficit Better Than Expected
Wellington, Feb 19 NZPA - Getting the Government books into shape in the long-term remains a tough challenge despite improvements in the Crown accounts out today, Finance Minister Bill English says.

NZRC Reports Fall In Annual Net Profit

NZRC Reports Fall In Annual Net Profit
Wellington, Feb 16 NZPA- New Zealand Refining Company Ltd reported an 81 percent fall in annual net profit, reflecting weak refiners' margins and a high exchange rate.

NZ Super Investing In Catastrophe Bonds

NZ Super Investing In Catastrophe Bonds
Wellington, Feb 2 NZPA - The New Zealand Superannuation Fund is investing between $US125 million and $US250m ($NZ176.4m-$NZ353.4m) in "catastrophe bonds".

NZ Superfund Has 10.11 Percent Of Auckland Airport

NZ Superfund Has 10.11 Percent Of Auckland Airport
Wellington, Jan 28 NZPA - The New Zealand Superannuation Fund has a 10.11 percent stake in Auckland International Airport Ltd, according to a notice filed to the NZX today.

NZ Super Fund Records Another Positive Month

NZ Super Fund Records Another Positive Month
Wellington, Dec 10 NZPA - The New Zealand Superannuation Fund reported another positive performance in November in what it described as a "year of two halves".

Goff Calls On Govt To Scrap ACC Changes

Goff Calls On Govt To Scrap ACC Changes
Wellington, Dec 6 NZPA - ACC's higher than forcecast investment return has exposed the Government's "scaremongering" about the corporation's financial situation, Labour leader Phil Goff says.

Recession Will Be Felt `For Some Time', English Says

Recession Will Be Felt `For Some Time', English Says
Wellington, Dec 4 NZPA - The latest Crown accounts show the impact of the recession will be felt for some time, Finance Minister Bill English says. The accounts, released today, show the Government is continuing to pull in less tax than it forecast in this year's budget.

Tax Take Slows Up For Government

Tax Take Slows Up For Government
Wellington, Dec 4 NZPA - The latest Crown accounts show the Government is continuing to pull in less tax than it forecast in this year's budget due to the recession.

Productivity Report Too Radical To Be Implemented In Full: Govt

Productivity Report Too Radical To Be Implemented In Full: Govt
Wellington, Dec 1 NZPA - A report advocating slashing taxes and government spending is too radical to be implemented fully, Finance Minister Bill English says.

Catching Oz Not Possible Without Slashing Govt Spending: Brash

Catching Oz Not Possible Without Slashing Govt Spending: Brash
Wellington, Nov 30 NZPA - It will not be possible to catch Australia in the wealth stakes without slashing Government spending by $9 billion, productivity taskforce head Don Brash said today.

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