Super Fund overtakes ANZ as New Zealand’s biggest taxpayer

PremiumFran O'SullivanHead of Business·NZ Herald·10 Jun, 2026 05:00 PM7 mins to read‌Nicola Willis’ May 28 Budget staked out an increasingly steep curve for the Government’s contributions to the NZ Super Fund. Photo / Mark Mitchell

The Super Fund is New Zealand’s largest taxpayer, now paying far more in tax than the Crown stumps up each year to help build the country’s retirement nest egg.

The fund’s latest full-year income tax return shows it paid $1.7 billion in the 12 months to June 30, 2025. Already,