High Country Cry Babies

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments The kerfuffle whipped up by Rob Storey over Mobil’s refusal to accept differential pricing of petrol, highlights another policy contradiction. The same Cabinet is considering a public enquiry to establish why NZ Post … Read More

Fiscal Vigilantes

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments For our politicians, so often the butt of abuse, the opportunity to pillory Treasury officials over their tax forecasting skills, must be as welcome as the chance impoverished Angelenos have had to rebel, … Read More

Country Risk Premium

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments One of the oft-heard points of dissatisfaction expressed by the Reserve Bank, is the persistance of high real interest rates in NZ, despite their obvious commitment to price stability. Despite this official frustration, … Read More

Managers are the Bottleneck

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The Porter report on New Zealand identified lack of education as one of this economy’s major shortcomings. The government is aware of the issues and has held a conference on them. Human capital … Read More

Something To Crowe About

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments The success of New Zealand’s World Cup cricket squad was a surprise to many followers of the game. Conventional wisdom, as espoused by the many commentators on the game, had it that New … Read More

What Threatens The Recovery?

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments While there is growth in export sector incomes, most households are still struggling with static to declining incomes. In their latest economic forecasts Infometrics notes that the increasing burden of compulsory charges for … Read More

Migrant Improvement

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments The economic debate on immigration centres most often on whether raising numbers is likely to be of net benefit. Just as legitimate an issue is whether present immigration levels add, detract or don’t … Read More

Education Bucks: Use Welfare Monies

Gareth MorganPolitics

Gareth Morgan, Director of Gareth Morgan Investments 70% of French 18 year olds are in full time education or off-the-job training; in West Germany 81%, in the US 79%, in Japan 77%, and in Australia 60% of 18 year old … Read More

Terms of Endearment

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments The recent study by Alan Bollard and Ian Duncan concluding that corporatisation and privatisation has been a commercial success, is not surprising. However, it would be surprising if a parallel study to determine … Read More

Employment Policy

Gareth MorganEconomics

Gareth Morgan, Director of Gareth Morgan Investments While the effective cost of employing labour in the home- to produce outputs like meals, child care, repairs and maintenance- remains beyond the scope of most householders thanks to the tax wedge that … Read More