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Superfund Archive
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Should the Govt profit from growing the prison muster? - by Russel Norman
News that the Government’s New Zealand Superannuation Fund could be poised to invest $100 million jointly with Lloyd Morrison’s investment company will create the perverse situation where one part of Government will now profit from higher levels of incarceration. The Superfund currently invests in several major private prison operators overseas (Corrections Corporation of America, GEO Group, [...] read moreApril 16, 2010 12:48 pm - 23 Comments -
Our Superfund continues to invest where angels fear to tread - by frog
Four months have passed since the Government made a commitment to divest the New Zealand Superfund from companies involved in manufacturing nuclear weapons and cluster bombs. This wise old toad notices that we’re still sitting on a $25 million investment in these multinational baddies: BAE Systems ($10.9M), Boeing ($3.6M), United Technologies ($7.0M), European Aeronautic Defence [...] read moreMarch 10, 2009 4:33 pm - 5 Comments
