Investment Woes ?

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Gareth Morgan, Director of Gareth Morgan Investments Over the current financial year investment expenditure by businesses is likely to be 17% lower in real terms than in 1990/91. This projection is supported by import figures, which show capital plant and … Read More

Secondary and Tertiary Commodities

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Gareth Morgan, Director of Gareth Morgan Investments Those exporters who have been calling for a lower dollar to bolster their incomes would have to have had one of their better Christmases in some years. The currency kept falling right through … Read More

The Balance of Payments Not All Black

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Gareth Morgan, Director of Gareth Morgan Investments During their World Cup campaign All Black sagacity evaporated. This, rather than any lack of fitness or individual skills was apparent through all of their games. The strategic inadequacy was predominant in the … Read More

An Accord Or Simply Over A Barrel?

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Gareth Morgan, Director of Gareth Morgan Investments The Growth Agreement stitched together by the CTU and the Government was heralded as an overdue moderation of Rogernomics. Dispassionate examination suggests that it is little more than desperate cobbling by two parties … Read More

Remuneration Reductions

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Gareth Morgan, Director of Gareth Morgan Investments Traditionally spring has been the season for much posturing by politicians employers and unions as they jostle for a position on where wages should go. Remember the tri-partite conferences and the need to … Read More

The Good The Bad and The Muddled

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Gareth Morgan, Director of Gareth Morgan Investments In providing forceful forecasts of where the economy is likely to lurch economists with only one hand run the risk of being gunned down by people who are irked by hearing views that … Read More

Inflation – Curing an Addiction

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Gareth Morgan, Director of Gareth Morgan Investments Many people have decried the infatuation some have with achieving low inflation. There is no denying that taming our delinquent inflation performance has been a bitter battle prompting calls for less stringent targets, … Read More

Balancing Policy

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Gareth Morgan, Director of Gareth Morgan Investments The last week has seen serious cracks emerge in the government’s ability to continue the reform process. Health Minister Upton demonstrated an inability to effect supply process reform in that industry with his … Read More

Ready For Recovery?

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Gareth Morgan, Director of Gareth Morgan Investments The release last. week of the December quarter’s Producers Price Index con firms inflation is running at very low levels in comparison to other economies. With the falls in oil prices yet to … Read More

Thank Goodness, War

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Gareth Morgan, Director of Gareth Morgan Investments Last week may have been the best week NZ has had since the recession bit in 1987. The reasons? The Gulf war began at last, and NZ’s ex-oil inflation for the past year … Read More