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New Zealand Superannuation Fund

Super Fund Payments Need To Go Up $400m To Keep Pace With Losses

Super Fund Payments Need To Go Up $400m To Keep Pace With Losses
Wellington, March 22 NZPA - Recent poor returns by the New Zealand Superannuation Fund means the Government should by law increase its contribution by at least $400 million in the coming year.

Unclear Whether Super Fund Contribution Issue To Be In Budget

Unclear Whether Super Fund Contribution Issue To Be In Budget
Wellington, Feb 26 NZPA - The possibility of suspending contributions to the New Zealand Superannuation Fund remains unclear, as is the chance any possible suspensions will be included in this year's budget, s ays Finance Minister Bill English.

English Cannot Rule Out Suspending Super Fund Contributions

English Cannot Rule Out Suspending Super Fund Contributions
By Ian Llewellyn of NZPA Wellington, Feb 25 NZPA - Finance Minister Bill English says he can not rule out suspending contributions to the New Zealand Superannuation Fund.

Labour Calls For Clear Policy On NZ Super Fund

Labour Calls For Clear Policy On NZ Super Fund
Wellington, Feb 24 NZPA - Labour is calling on the National Government to make clear its long term policy on the New Zealand Superannuation Fund. Labour leader Phil Goff said the fund was intended to create certainty about retirement income and tinkering was not acceptable.

Labour Warns Against `Tinkering' With Super Fund

Labour Warns Against `Tinkering' With Super Fund
Wellington, Feb 23 NZPA - Prime Minister John Key says the Government will continue to put money into the New Zealand Superannuation Fund but Labour is questioning its commitment.

Government Warned To Watch F&P Appliances

Government Warned To Watch F&P Appliances
Wellington, Feb 16 NZPA - New Zealand Shareholders' Association chairman Bruce Sheppard is advising the Government it may have to bail out Fisher & Paykel Appliances even though the company is a global leader in its field.

English Says Nzers Coping With Recession

Finance Minister Bill English said while the recession was hurting New Zealanders they were resilient and not paralysed by fear. "You get the sense right across the board in New Zealand that people are pretty resilient around this recession," he told reporters.

English Says NZers Coping With Recession

English Says NZers Coping With Recession
Wellington, Jan 29 NZPA - Finance Minister Bill English said while the recession was hurting New Zealanders they were resilient and not paralysed by fear.

Crown Accounts Slip Further Into The Red

Wellington, Jan 29 NZPA - The Government's books have plunged $5.7 billion into the red -- $7.1 billion worse than forecast.

Super Fund Divests From Cluster Bombs And Nuclear Weapons

Super Fund Divests From Cluster Bombs And Nuclear Weapons
Wellington, Dec 12 NZPA - The New Zealand Superannuation Fund is to divest from seven companies involved in cluster munitions and nuclear explosive devices. Fund chief executive Adrian Orr said the divestment amounted to $37 million, or 0.3 percent of its portfolio.

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