Urgent Debates Declined — New Zealand Superannuation Fund

I have received a letter from Gordon Copeland seeking to debate under Standing Order 376 the investment formula to be used by the New Zealand Superannuation Fund. Disclosure of the formula is a particular case of recent occurrence, and, as the fund is owned by the Crown, I accept that it does involve ministerial responsibility. I do not however consider that a decision of this nature, which will inevitably be implemented over time, requires the immediate attention of the House. I therefore decline the application.