KiwiSaver

Treasury figures reveal Super folly

Friday 8th of March 2002

In a written answer to a question from Green MP Rod Donald, Treasury secretary Alan Bollard has admitted that the NZ Superannuation fund is only earning 5.2% while Government borrowing is costing between 4.8% and 6.8%.

"Dr Cullen and the Labour-Alliance government have conned the people of New Zealand wit...

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