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Super 12 and superannuation

Thursday, April 26th 2001, 9:49PM

Super 12 and superannuation are the two big games in town at the moment (but you'll only read about one of them in the mainstream media). Currently:

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  • Submissions on the Government's proposal to partially pre-fund NZ Super are underway
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  • Finance Minister Michael Cullen last week made a speech that has been described as one of the most positive made by a government on the topic for years. "It was the most positive speech I have heard for many years on retirement funding," a chief executive of a major financial services company said afterwards.
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  • The National Party has finally made some progress in developing its super policy for the next election.
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 SuperTalk (www.supertalk) has all the news you won't read elsewhere on superannuation, including:

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  • An interview with National Party finance spokesman Bill English click here
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  • A full copy of National's super policy paper, plus commentary click here
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  • A complete copy of Michael Cullen's speech to the Association of Superannuation Funds last week click here
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  • Submissions and comments made to the select committee from AMP, Colonial First State, Michael Littlewood, the ISI and Federated Farmers. Click Here
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SuperTalk's aim is to bring you all the news and happening in the important area of superannuation.

Besides bringing the news, speeches, press releases and resource material (such as the on-going series on the history of super in New Zealand) we encourage You to have Your Say on Super.

The discussion forum is the place you can log into and discuss ideas. Plus you can cast your vote in our latest poll: Do you believe investment decisions made by the board of the Big Cullen Fund will be free of political interference? VOTE HERE
Let's get some debate going! Click here to get to the forum.

If you would like to receive SuperTalk's newsletter sign up here.Please send me your FREE SuperTalk Newsletter
« Industry divided on funding Retirement CommissionerSovereign takes regulation bull by the horns »

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Lender Flt 1yr 2yr 3yr
ANZ 6.24 5.10 5.25 5.59
ANZ Special - 4.69 4.89 -
ASB Bank 6.50 5.05 5.25 5.35
ASB Bank Special - 4.69 4.89 4.99
BankDirect 6.50 5.05 5.25 5.35
BankDirect Special - 4.69 4.89 4.99
BNZ - Mortgage One 6.65 - - -
BNZ - Rapid Repay 6.24 - - -
BNZ - Special - 4.69 4.69 -
BNZ - Std, FlyBuys 6.24 5.09 5.09 5.19
BNZ - TotalMoney 5.99 - - -
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.45 5.75 5.75 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 5.85 - - -
HBS Bank 6.14 5.39 5.39 5.39
HBS Special - 4.69 4.69 4.99
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society 6.45 5.10 5.40 -
Housing NZ Corp 6.49 5.19 5.49 5.59
Lender Flt 1yr 2yr 3yr
HSBC Premier 6.60 4.89 4.89 4.99
HSBC Premier LVR > 80% - - - -
HSBC Special - 4.49 4.49 4.49
ICBC 6.75 5.99 6.39 -
Kiwibank 6.15 4.79 5.49 5.69
Kiwibank - Capped - - - -
Kiwibank - Offset 6.40 - - -
Kiwibank Special - 5.09 4.65 4.99
Liberty - - - -
Napier Building Society 6.50 5.80 6.70 -
Nelson Building Society 6.70 5.65 5.95 -
Lender Flt 1yr 2yr 3yr
NZ Home Loans 6.60 5.39 5.49 6.29
Perpetual Trust 7.70 - - -
Resimac 5.59 5.37 5.40 5.52
SBS Bank 6.14 5.39 5.39 5.39
SBS Bank Special - 4.69 4.69 4.99
Sovereign 6.35 5.05 5.25 5.35
Sovereign Special - 4.69 4.89 4.99
The Co-operative Bank 6.20 4.69 4.79 4.99
TSB Bank 6.24 5.10 5.39 5.45
TSB Special - 4.69 4.69 4.99
Wairarapa Building Society 6.20 5.75 5.95 -
Lender Flt 1yr 2yr 3yr
Westpac 6.15 4.99 5.19 5.19
Westpac - Capped rates - 6.15 6.15 -
Westpac - Offset 6.15 - - -
Westpac Special - - 4.69 -
Median 6.40 5.09 5.25 5.35

Last updated: 18 August 2015 3:39pm

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