Key 'comfortable' with Super' costs

Prime Minister John Key said today he was not planning a review of superannuation in New Zealand and was "comfortable" with the costs of superannuation. It was currently costing about 4.5 per cent of gdp and there were many countries where it cost in excess of 7 per cent of gdp. At the peak of baby boomers claiming super, it would cost between 8 per cent and 9 per of GDP.