Lewis Clareburt has made waves at the World Championship in Doha by clinching the gold in the 400m individual medley. This victory marks a significant turnaround for the 24-year-old New Zealander, who confessed to having faced challenging times recently, doubting his capabilities. However, his latest win, a first-ever World Title for him and New Zealand’s […]
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Explained: Why the Govt is getting money from the Super Fund in 2028
SummaryFinance Minister Nicola Willis announced that the Government is forecast to make its first withdrawal from the NZ Super Fund in 2028, a modest $32 million, marking the fund's first payout since its establishment in 2001. The fund was created to help cover future superannuation costs and is colloquially known as the “Cullen Fund” after its founder, Michael Cullen. Importantly, this withdrawal is mandated by a funding formula in the fund’s founding legislation and is...
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