Key & English lose us $21mil in 3 months
Back in February, former currency speculator John Key and former Treasury adviser Bill English started talking about suspending contributions to the Cullen Fund, […]
Economy
superannuation
Exchange rates, Kiwisaver, breaking promises, & the art of doing nothing
A range of interesting political/economic comment today in the Herald: Fran O’Sullivan joins the left-wing and groups like Federated Farmers in calling on […]
John and Bill cost us $7 million in two months
You’ll remember that in the Budget National decided to suspend payments to the Cullen Fund, which is designed to help fund the future […]
Nats ignored Treasury’s warnings on cancelling Cullen Fund payments
In the newly released Budget papers Treasury acknowledges that cancelling the Cullen Fund contributions would only reduce debt by 5% (more than offset […]
Cullen’s two cents
Quite rightly, Michael Cullen has avoided getting involved in the debate over National’s starvation diet for the New Zealand Superannuation Fund, known as […]
Super projections
I’ve had a crack at working out how much we lose by cancelling the Cullen Fund contributions according to the Treasury’s figures in […]
DPF agrees, cancelling Cullen Fund rips off NZ
DPF writes on the cost of cancelling contributions to the Cullen Fund: First of all, it is true that under the 11 year […]
Journalists not falling for Nats’ $8 billion con-job
This part of Vernon Small’s article today deserves an extended quote: “The numbers are stark. If full payments resume in 2020, contributions will […]
No super contributions = worse net debt
I’ve had a dig into Treasury’s numbers and worked out that they expect the Superannuation Fund will make a 13% return next year, […]
What would Key the Investor do?
Here’s a question for Mr Key but you can play along too. What if you could buy into an asset that performs well […]
Suspending the Cullen Fund
Bill English seems set to suspend the government’s contributions to the Cullen Fund. Here’s a little-known fact, one that Bill English probably doesn’t […]