News

A Budget for a sustainable, prosperous New Zealand

13 February 2008

 Finance Minister Michael Cullen will deliver his ninth Budget on 22 May 2008. 

KiwiSaver breaks through 40,000 barrier

7 February 2008

The number of New Zealanders joining KiwiSaver continues to beat initial expectations, finance minister Michael Cullen said today.

Merchants of KiwiSaver doom are wrong

30 January 2008

Commentary: Headlines generated by commentators suggesting that KiwiSaver portfolios are taking a beating and that investors would be better keeping their money under the mattress and out of growth assets like shares are financially naive and simply wrong.

Bank tips two more interest rate rises

16 January 2008

The prospect that inflation will continue to rise has prompted Westpac economists to predict the central bank will lift the official cash rate twice this year to an eye-watering 8.75 per cent.

Social and ethical attitudes crucial

14 January 2008

During recent years, investors have increasingly considered environmental, social, and broad governance issues in their investment decisions, over and above a narrow focus on financial return.

Tax Bill’s KiwiSaver provisions to be fine-tuned

11 December 2007

The government has introduced a number of minor changes to fine-tune KiwiSaver legislation in the taxation bill currently before Parliament.

Kiwis keep it real on hopes for retirement

24 October 2007

Research by default KiwiSaver provider Mercer shows that while we would prefer to retire at the age of 57, most of us don't expect to stop working until at least 65.