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Government shortsighted over future of superannuation

Scrapping the independent Superannuation Taskforce in a month’s time is shortsighted," Opposition Superannuation spokesperson Simon Upton said today.

Thursday, January 27th 2000, 12:00AM

by Philip Macalister

"Scrapping the independent Superannuation Taskforce in a month’s time is shortsighted," Opposition Superannuation spokesperson Simon Upton said today.

"It makes no sense at all to remove the only independent mechanism to explore the facts on superannuation on an impartial basis.

"The country faces big challenges in superannuation. Political parties don’t have all the answers.

"The Taskforce was set up to find a non-partisan long term durable solutions to our superannuation problems.

"There are calls from all sectors of the community for superannuation to be removed from the political arena. The Government is foolish to ignore them and is about to repeat all the mistakes of the past."

« Disestablishment of the Super 2000 Taskforce announcedAMP & Good Returns launch superannuation website »

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build ▼3.34 - - -
AIA - Go Home Loans ▼5.89 4.49 4.49 4.79
ANZ 5.69 5.09 5.09 5.39
ANZ Blueprint to Build 7.39 - - -
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BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.49 4.49 4.79
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans ▼3.95 - - -
CFML Home Loans ▼6.05 - - -
CFML Prime Loans ▼6.25 - - -
CFML Standard Loans ▼6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Lender Flt 1yr 2yr 3yr
Co-operative Bank - First Home Special - 4.35 - -
Co-operative Bank - Owner Occ 4.99 4.45 4.49 4.79
Co-operative Bank - Standard 4.99 4.95 4.99 5.29
Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.79 4.95 -
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ICBC 5.39 4.25 4.59 4.79
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Kainga Ora - First Home Buyer Special - - - -
Kiwibank 5.65 5.39 5.39 5.65
Kiwibank - Offset 5.65 - - -
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Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank ▼5.84 5.09 5.09 5.39
SBS Bank Special - 4.49 4.49 4.79
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SBS FirstHome Combo ▼3.29 4.29 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank ▼6.59 5.19 5.29 5.59
TSB Special ▼5.79 4.39 4.49 4.79
Unity First Home Buyer special - 3.99 - -
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Westpac Choices Everyday 5.99 - - -
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Westpac Special - 4.49 4.45 4.75
Median 6.15 4.67 4.85 4.85

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