WILLING TON: Financial Statements of the Government of New Zealand for the six months ended 31 December 2017 Net investment gains of $4.3 billion were recorded to 31 December 2017, $1.8 billion higher than forecast. Partially offsetting these investment gains were net losses on non-financial instruments of $2.0 billion. ACC recognised an actuarial loss of $1.6 billion on its outstanding claims liability, mainly due to the discount rate used to calculate this liability being lower than expected.
New Zealand shares fall as mainland Chinese markets reopen
New Zealand shares fell as the coronavirus outbreak continued to weigh on investor confidence, however, it weathered a savage reopening...