Wellington, May 7 NZPA - New spending will be reduced in the upcoming budget, but it will not be all doom and gloom, Prime Minister John Key said today.
Wellington, May 7 NZPA - The New Zealand Superannuation Fund recorded its second positive monthly return in April since the world wide recession sent it into a nose dive, the fund's chief executive Adrian Orr said today.
By Ian Llewellyn of NZPA
Wellington, May 5 NZPA - Crown entities have been told the Government is going to have a greater say in how much risk they take in making investments, Finance Minister Bill English said today.
Wellington, May 1 NZPA - The New Zealand Superannuation Fund is investing $50 million in Direct Capital IV Fund, which will invest in New Zealand companies.
Wellington, April 30 NZPA - The Government wants Crown entities to take a more cautious approach to how they invest.
Finance Minister Bill English today pointed out to MPs that the Government has built up almost $30 billion worth of investments in financial markets.
Wellington, April 22 NZPA - The Government's proposal that at least 40 percent of the assets of the New Zealand Superannuation Fund be invested in this country has been met with reservations from the fund's guardians.
By Ian Llewellyn of NZPA
Wellington, April 5 NZPA - Finance Minister Bill English has given his strongest hints yet that he intends suspending or reducing payments into the New Zealand Superannuation Fund until the economy improves.
Wellington, April 2 NZPA - Banks should not expect to continue to make large profits when taxpayers are taking on their business risk, Finance Minister Bill English said today.