News

Super fund is the cornerstone

Thursday 15th of May 2003
Finance Minister Michael Cullen has put a bit extra, a mere $80 million, aside for his mammoth superannuation fund.

A flush-with-cash Dr Cullen announced in the Budget that the contributions to the New Zealand Superannuation Fund this coming financial year would be $80 million more than initially forecast.

Earlier forecasts had contributions to the fun...

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