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National Starts To Fight Dirty On Superannuation Fund

The National Party has lost its academic argument over the establishment of a superannuation fund and has resorted to trying to scare retired people into believing that their services will be cut, NZ First leader Winston Peters says.

Wednesday, July 25th 2001, 5:19PM
The National Party has lost its academic argument over the establishment of a superannuation fund and has resorted to trying to scare retired people into believing that their services will be cut, NZ First leader Winston Peters says.

Mr Peters was responding to a press release by novice National MP Lynda Scott which said that health, education and welfare services were about to be cut.

"I am absolutely appalled by Ms Scott's release. The National Party has chosen to avoid the real debate about the fund and have instead resorted to trying to scare the most vulnerable members of society.

"This is a sign that the National Party have long since lost the battle of ideas and have resorted to these dirty tactics. We in New Zealand First will continue to talk about the rational reasons to support the fund.

« National's super committee a super cop-outAMP & Good Returns launch superannuation website »

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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 - - -
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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 -
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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
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TSB Bank 6.24 5.10 5.39 5.45
TSB Special - 4.69 4.69 4.99
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Westpac 6.15 4.99 5.19 5.19
Westpac - Capped rates - 6.15 6.15 -
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Westpac Special - - 4.69 -
Median 6.40 5.09 5.25 5.35

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