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DAVID CHAPLIN: Why NZ Super Fund is under fire (and who’s responsible)

David Chaplin
Wed, 17 Jun 2020

DAVID CHAPLIN: Why NZ Super Fund is under fire (and who’s responsible)
David Chaplin
Wed, 17 Jun 2020
How many global problems can the $45 billion New Zealand Superannuation Fund solve?Never enough is the answer.Established in 2001 by then Finance Minister Michael Cullen, the Super Fund was handed the simple task of investing some tax dollars to partially defray future costs of the universal pension system.The idea was (is) that a professionally managed fund would deliver long-term net returns above the cost of government borrowing, taking the edge off a known big-ticket fiscal item for coming generations of New Zealanders.Some people think the...

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Morningstar picks Spark as omicron refuge
Dan Brunskill | Thu, 02 Dec 2021

Spark’s share price spiked more than 5% early this week as investors reacted to news of the variant, but it had been trending down, sliding more than 10% in the past three months.

Law & Regulation
A crackdown on all your houses: no blind eye to poor privacy practices
Michael Andrew | Thu, 02 Dec 2021

The first year of the new privacy act saw the privacy commissioner flex his powers, publicly rebuking the Reserve Bank. We can expect to see more of the same in 2022, legal watchers say.

Retail FREE
It's happening – Ikea coming to Sylvia Park
Staff reporters | Thu, 02 Dec 2021

Ikea is finally landing in New Zealand. Really.

Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.

Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.