News | Business
29 Mar 2024 1:35
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The Superfund is predicting troubling times ahead

    The Superfund is predicting troubling times ahead


    After a bumper few years and stable markets, the Superannuation Fund returns are now sitting below the long-run return of 8.7 percent.

    It made 261 million dollars in the past year, and now has 43 billion dollars.

    Chief executive Matt Whineray says the market's becoming more volatile.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     28 Mar: The Government's made a new pay offer to Police
     28 Mar: Local councils are being challenged to back up rising debt with infrastructure revenue
     28 Mar: Employees are being reminded to know their rights and responsibilities this Easter
     28 Mar: The price gap between new builds and existing properties is starting to narrow
     27 Mar: A Bill passed in Parliament today will bring changes to the bright line test
     27 Mar: 'Bizarre' and unbelievable: Gas-rich Australia's looming need for LNG imports draws fire
     27 Mar: A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year
     Top Stories

    RUGBY RUGBY
    The Crusaders' struggles to start Super Rugby have drawn concern from Chiefs coach Clayton McMillan More...


    BUSINESS BUSINESS
    The Government's made a new pay offer to Police More...



     Today's News

    Business:
    The Government's made a new pay offer to Police 21:57

    Entertainment:
    Lily Allen was introduced to Mila Kunis and Ashton Kutcher as Rita Ora - and was too mortified to disclose who she really was 21:53

    Entertainment:
    Mel B's fiance visited her father's grave to "ask permission" to propose to her 21:23

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Law and Order:
    A person has died following an incident at a restaurant in Auckland's Browns Bay 20:27

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53


     News Search






    Power Search


    © 2024 New Zealand City Ltd