Our Superannuation fund is seeing great returns, but growth is still needed for the long term. 

The 25-year-old fund is now worth $94.35 billion dollars, excluding tax, with it earning $9.3 billion in the past reporting year – a return of almost 14.2%. 

Infometrics' Brad Olsen told Andrew Dickens that it's useful money to have, but the expectation for the fund is to grow it to $200 billion by 2040. 

He says there's a lot of growth still to come, but it's at a time when the bill is still growing and we have to pay for it in the short term. 

LISTEN ABOVE 

Our Superannuation fund is seeing great returns, but growth is still needed for the long term.&nbsp;
The 25-year-old fund is now worth $94.35 billion dollars, excluding tax, with it earning $9.3 billion in the past reporting year – a return of almost 14.2%.&nbsp;
Infometrics' Brad Olsen told Andrew Dickens that it's useful money to have, but the expectation for the fund is to grow it to $200 billion by 2040.&nbsp;
He says there's a lot of growth still to come, but it's at a time when the bill is still growing and we have to pay for it in the short term.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Brad Olsen: Infometrics Principal Economist on the NZ Superannuation Fund posting a return of 14.17%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/855750bf-426c-4295-a4d5-b4e8017a67f1/transcript