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26 Feb 2020 8:17
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  •   Home > News > Politics

    A new report says we should scrap the Super fund

    A new report says we should scrap the Super fund


    Authors Michael Chamberlain and Michael Littlewood say the fund doesn't change the cost of national superannuation by a single dollar.

    Chamberlain says the fund is marketed as making the cost of pensions more sustainable... which he says is misleading.

    He says the fund is borrowing to invest... which carries significant risk.

    © 2020 Newstalk ZB, NZCity


     Other Politics News
     26 Feb: A defence lawyer says the Government has an obligation to rehabilitate prisoners, including letting them vote
     26 Feb: The Greens candidate standing in the Prime Minister's Mt Albert electorate, thinks prisoners should have the right to vote
     25 Feb: Wellington's National War Memorial reopened two years ago, despite suspicions it was earthquake prone
     25 Feb: More than five thousand people have signed a petition calling on Queenstown's mayor to make rental car companies accountable for drivers
     24 Feb: China is allocating 99.5 billion yuan -- or 22.3-billion-NZ-dollars -- to curb the coronavirus outbreak.
     24 Feb: The Social Development Minister says boosting benefit payments is an enduring change for Kiwis
     24 Feb: It could be 15 years before a troubled Christchurch psychiatric hospital gets a rebuild
     Top Stories

    RUGBY RUGBY
    NRL talent Kalyn Ponga could sign a long-term deal to remain in the NRL while also trying to make the All Blacks More...


    BUSINESS BUSINESS
    Hopes that the economic impact of the COVID-19 coronavirus outbreak... will only be temporary More...



     Today's News

    Law and Order:
    A man's in custody after fleeing from police in West Auckland 8:06

    Entertainment:
    Chris Pratt considers himself to be a "professional secret keeper" 7:59

    Politics:
    A defence lawyer says the Government has an obligation to rehabilitate prisoners, including letting them vote 7:56

    Golf:
    The Open golf championship will return to Royal Troon for its 152nd edition in 2023 7:46

    Business:
    Hopes that the economic impact of the COVID-19 coronavirus outbreak... will only be temporary 7:36

    Business:
    What it's like in Italy's coronavirus epicentre 7:36

    Entertainment:
    Kristen Bell wouldn't be married to Dax Shepard if they met five years earlier 7:29

    Politics:
    The Greens candidate standing in the Prime Minister's Mt Albert electorate, thinks prisoners should have the right to vote 7:26

    Rugby League:
    NRL talent Kalyn Ponga could sign a long-term deal to remain in the NRL while also trying to make the All Blacks 7:16

    International:
    Indonesia's child rights commissioner apologises for saying women can get pregnant by sharing pool with men 7:06


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