Fruit Cakes?

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments The self flagellation-by kiwifruit growers over the appropriate marketing structures they should employ is little more than a distraction for that industry along its path to peasant status. The saga of the Kiwifruit … Read More

On Fine Tuning The Exchange Rate

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments Now that the RB has averted the fall in the TWI below its tolerance level of 53, albeit at a higher level of interest rates, it’s appropriate for them to let us know … Read More

Beyond The Intelligence of Two Planks

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments NZ sawmillers are having to pay more for their logs because of a rise in export prices. According to some this is the epitome of injustice threatening the existence of NZ-based processors. The … Read More

Another Year

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments As 1992 draws to a close and another election year looms in 1993, it’s opportune to reflect on the economy and its likely future. 1992 has seen the beginnings of economic recovery, led … Read More

The Exchange Rate Crisis

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments Reserve Bank Governor Don Brash is defending the value of the currency as vigorously as any of his European counterparts have done in recent months. But will he fail, as most of them … Read More

Taxing Logic

Gareth MorganTax and Welfare

Gareth Morgan, Director of Gareth Morgan Investments Minister of Finance Richardson has overridden private sector objections to her proposed international tax regime which, as it stands, promises to impose NZ tax on the tax paid by NZ firms overseas. The … Read More

A New Opposition

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments Last week’s publication of the Alliance’s policy document raises the question of which opposition party provides the most credible alternative. To date Labour has had the role of opposition as its own preserve, … Read More

In Search of Something To Inquire Into

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The political case for an inquiry into government’s relationship with big business has become compelling even if the judicial one hasn’t. Leaving aside its legitimacy, the Peters campaign with its loose cannon nature … Read More

For A Few Dollars More

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments In the Wellington Central election campaign Labour candidate Chris Laidlaw has extolled the benefits a “small” rise in taxes would deliver in terms of preserving free education and health systems. The idea that … Read More

Political Cycles

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The political change in the US is not a purely domestic phenomenon. To a large degree the policy changes that the US commenced under Reagan have been mimicked in other capitalist economies, including … Read More