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No Time For Silly Politicians To Play Silly Politics

NZ First says Labour's super policy is better than nothing.

Sunday, June 3rd 2001, 9:24PM
Responding to media requests on superannuation, New Zealand First Leader Rt Hon Winston Peters today said that New Zealanders would be disappointed if New Zealand Politicians choose to continue to play silly politics on this issue.

"New Zealand had negative savings last year, is totally dependent on foreign savings for development, and owes in excess of $106 billion in total debt. These are not the fundamentals of an economy which would tolerate political backbiting and point scoring for some selfish advantage at the expense of the people and their economy.

"Whilst New Zealand First is not happy with Labour's superannuation cost smoothing plan it is nevertheless better than nothing. We are in serious discussion with Labour about their proposal and if we are convinced that it will stand up and have some potential to endure then New Zealand First will support it.

"Dr Cullen has approached New Zealand First seeking discussions and we have agreed pending further work by officials. The Party has a full day Caucus on Monday 11 June in which we will be discussing this matter further," said Mr Peters.

« Fund's rules present problemsAMP & Good Returns launch superannuation website »

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  • Where are the financial advisers?
    “my criteria of an adviser either as a client or recruiter will be: 1. someone in mid-30s upwards. 2. financially stable...”
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  • Where are the financial advisers?
    “Not sure a 20-30 something year old adviser would generally have the necessary experience or skills to service a bank's investment...”
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  • Super Fund files proceedings
    “Hmmmm..... a Goldman Sachs led consortium of global investors suing the Portugese government in a Portugese court of law....”
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    “Nice story Regant....but it is all in the telling. Try it this way around. At my local school there are 300 kids....”
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  • Where are the financial advisers?
    “In my experience, potential clients are mainly mature people who have accumulated a "nest egg" and want sound, solid advice...”
    3 days ago by traveller
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Lender Flt 1yr 2yr 3yr
AMP Home Loans 7.24 5.69 6.19 6.55
AMP Home Loans $200k+ 7.14 5.59 6.09 6.45
AMP Home Loans LVR <80% - - 5.75 6.09
ANZ 6.74 5.89 5.99 6.29
ANZ Special - 5.39 5.39 5.79
ASB Bank 6.75 5.99 5.99 6.39
ASB Bank Special - 5.59 5.39 5.59
BankDirect 6.75 5.99 6.09 6.39
BankDirect Special - 5.59 5.39 5.59
BNZ - Classic - 5.69 5.39 5.69
BNZ - GlobalPlus 6.74 5.89 6.19 6.29
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.15 - - -
BNZ - Rapid Repay 6.74 - - -
BNZ - Std, FlyBuys 6.74 5.89 6.19 6.29
BNZ - TotalMoney 6.74 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.45 5.95 5.99 -
Credit Union North 6.45 - - -
Credit Union South 5.75 - - -
eMortgage 6.04 6.15 6.69 7.19
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 6.45 - - -
Lender Flt 1yr 2yr 3yr
General Finance 5.95 6.25 6.50 7.10
HBS Bank 6.65 5.69 5.39 5.69
HBS Special - 5.59 5.19 5.49
Heartland 6.70 7.00 7.25 7.85
Heretaunga Building Society 6.70 5.70 5.80 -
Housing NZ Corp 6.74 5.70 6.09 6.29
HSBC Premier 6.84 5.65 5.65 5.65
HSBC Premier LVR > 80% - - - -
HSBC Special - 5.29 5.29 5.29
ICBC 6.75 5.99 6.39 -
Kiwibank 6.65 5.69 6.09 6.29
Lender Flt 1yr 2yr 3yr
Kiwibank - Capped - - - -
Kiwibank - Offset 6.55 - - -
Kiwibank LVR > 80% - - 5.55 5.55
Liberty - - - -
Napier Building Society 5.80 6.00 6.70 -
Nelson Building Society 6.95 6.15 6.60 -
NZ Home Loans 6.85 6.09 6.40 6.65
Perpetual Trust 7.70 - - -
Resimac 6.59 6.03 6.10 6.19
SBS Bank 6.65 5.69 5.39 5.69
SBS Bank Special - 5.59 5.19 5.49
Lender Flt 1yr 2yr 3yr
Silver Fern 5.95 6.10 6.55 7.05
Sovereign 6.85 5.99 6.09 6.39
Sovereign Special - 5.59 5.39 5.59
The Co-operative Bank 6.70 5.59 5.39 5.59
TSB Bank 6.74 5.70 5.70 6.00
TSB Special - - 5.35 5.60
Wairarapa Building Society 6.20 5.75 5.95 -
Westpac 6.59 5.99 6.19 6.39
Westpac - Capped rates - 6.74 6.99 -
Westpac - Offset 6.59 - - -
Westpac Special - - ▼5.39 5.89
Median 6.70 5.82 5.99 6.19

Last updated: 23 February 2015 11:03am

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