Yen Ocide

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments This year’s chronic appreciation of the Yen begins the final chapter of what’s been a long history of international trading “success”. That the rise in the Yen that has already occurred over the last … Read More

Overcooking The Figures

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments I’m a wage earner with a mortgage and interest rates rise. That rise drops the spending power of my income since interest is one of the costs I face. My sister’s a wage earner … Read More

Happy New Year

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments As the major economies struggle to regain the momentum of recovery last enjoyed collectively in 1989, and the emerging economies expand exponentially, NZ has over 1993, at last regained 3% economic growth. That achievement … Read More

The Discomfort of a Growing Economy

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments The prospect of a sustained period of strong economic growth is one facing New Zealanders. While such a scenario might appear more comfortable than the alternative of scratching a living in an economy incapable … Read More

Importer of the Year

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments The annual Kiwi ritual of bestowing Exporter of the Year trophies has confirmed once again the reverence with which the business and government establishment regard exporting activity. Over many years now New Zealanders have … Read More

Sly Diggers

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments A certain smugness pervades the air when New Zealanders discuss the Aussie economy. Those poor Aussies are struggling to prevent the Budget deficit exploding under the pressure of pre-election promises. Their notorious “add-ons” … Read More

Yen Ascendancy Unreal

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments Last week’s move by the US Fed to cap the yen's rise was significant. Until then the Clinton administration had been quite happy to let the yen keep soaring thus putting market pressure … Read More

Bellhop Time

Gareth MorganEconomics

Gareth Morgan, director of Gareth Morgan Investments Globally, interest rates continue to fall as economic recovery in the expensive economies of the industrialised world – remains meek, and inflation slowly ebbs. This fall in rates can be put squarely down … Read More

Education Sector Prejudice

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The announcement last week by Lockwood Smith of tertiary sector funding constraints and the subsequent educationalist reactions of threatened fee rises, demonstrates the need for greater competition in the sector. The cost plus … Read More

What Value NZ Universities ?

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The government continues to fund second rate university education for NZ students. The recent spectre of university staff protesting about levels of pay and the commonplace occurrence of university lecture halls filled to … Read More