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19 Apr 2024 14:55
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  •   Home > News > Business

    An economist says National's policy to cut Super Fund contributions is a step in the right direction

    An economist says National's policy to cut Super Fund contributions is a step in the right direction


    The party wants to suspend contributions for four years, claiming it would reduce core crown debt by nine billion dollars.

    The New Zealand Initiative's Doctor David Law, says action like this, is what's needed right now.

    He says debt increased from 19 per cent of GDP last year, and is set to reach 54 per cent in just a few years.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
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     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
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