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.

Wellington, Nov 10 NZPA - Infrastructure investor Infratil sold its stake in Auckland Airport for tens of millions of dollars less than it paid for the shares.

Wellington, Nov 6 NZPA - The Government has brought the New Zealand Superannuation Fund and infrastructure company Infratil even closer today with a key appointment.

Wellington, Nov 4 NZPA - The worsening financial position in the Government's accounts shows it will take time for the economic recovery to flow through to the Crown's revenue, Finance Minister Bill English said today.

Wellington, Nov 3 NZPA - A consortium of the New Zealand Superannuation Fund and infrastructure investor Infratil has entered into exclusive negotiations with Shell over possibly buying Shell New Zealand's refining, and distribution and retailing businesses.

Wellington, Nov 2 NZPA - Craig Investment Partners is working with Morrison & Co to market a fund targeted at retail investors to invest in schools, prisons, hospitals and other "social infrastructure".

By Ian Llewellyn of NZPA Wellington, Oct 13 NZPA - One of the worst economic years in the New Zealand Government's history will be confirmed tomorrow when the final government accounts for the June year are released.

Wellington, Oct 2 NZPA - The New Zealand Superannuation Fund has said it, like most others, underestimated how much damage last year's financial crisis would do to the world economy.

Wellington, Sept 24 NZPA - The Government Superannuation Fund has recorded a massive hit from the recession, reporting a $672 million loss on its investment activities for the year ended June. Its loss on investments a year ago was $210 million.

Wellington, Sept 22 NZPA - The New Zealand Superannuation Fund has clawed its assets back to the level they were before the recession hit.