KiwiSaver

Report Proves Govt's Super Fund Flawed

Wednesday 31st of October 2001
A National Bank report into how the Government's super fund will be a drag on growth proves the scheme is all pain and little gain, opposition Leader Bill English says.

"Analysis by National Bank economists shows that the rising debt consequences of the super fund will lead to a permanent increase in New Zealand's risk premium on long term interest rates.

"This will, in turn, lower New Zeala...

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