Complusory Savings Distort Market for Investment

Gareth MorganInvesting

Gareth Morgan, Director of Gareth Morgan Investments The issues relevant to the introduction of compulsory superannuation can be considered under two headings. Is it good for the individual and is it good for the country ? Insofar as the individual … Read More

Council Rates Amount to Social Welfare in Local Form

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments Local councils which levy rates according to a formula whereby higher value properties pay proportionately more, are still muddled in their thinking. To be consistent with recent moves they have made to exit … Read More

Maori TV should be on Mainstream Channels

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The Aotearoa affair confuses me. Or at least the particular focus the Press have taken on it. Sure, the antics of one Tukoroirangi Morgan have popular appeal, not the least because he is … Read More

Student Debt Scheme Bad for Young People

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The idea of removing tertiary education as a public good doesn't seem so bad. The Todd Taskforce recommendation that students should pay 75% of their fees directly by the year 2000 is of … Read More

So We’re Living Beyond Our Means, What Else is New?

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments Monday’s balance of payments result confirmed a worsening trend – hardly a surprise given the speed of the domestic economy and the pressure from the real exchange rate. That Winston Peters should feel … Read More

But The Market Knows Best

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments The tension between market expectations of interest rates and the Reserve Bank’s monetary stance has heightened of late. The yield curve has taken on a fairly sharp ‘L’ shape reflecting this difference, with … Read More

It’s Economics Lecturers who are the Dead Fish

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments In his missive on the demerits of unfettered markets (NZ Herald December 20), Auckland University economics lecturer Tim Hazeldine argues the case for government intervention in the labour market. He suggests that unlike … Read More

Sayonara

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments The recent lurch in Japanese financial markets is one more step on the road to oblivion for the Japanese economy as we’ve come to know and admire it. For years now the apologists have … Read More