Category Archive

Gareth Morgan, Director of Gareth Morgan Investments There has been financial market concern that the rise in German interest rates would lead to other members of the. EMS having to raise their rates in order to preserve the current alignment … Read More

Gareth Morgan, Director of Gareth Morgan Investments The decision to impose a dumping duty on shoes is economic illiteracy at its best. For the purposes of illustration assume the “offending” shoes are being sold here for approximately zero cost. Who’d … Read More

Gareth Morgan, Director of Gareth Morgan Investments Last week’s news that the HLFS (Household Labour Force Survey) unemployment rate was 11.1% rather than nearer 12% which all the forecasters had predicted, looked good news. It confirmed a slowing trend in … Read More

Gareth Morgan, Director of Gareth Morgan Investments The decision by the Australian government to impose a $NZ 16,550 tariff on imported second hand cars is another bonanza for NZ and blow to Australian industrial competitiveness. So long as Australian politicians … Read More

Gareth Morgan, Director of Gareth Morgan Investments The bond rate is currently a shade above 8%. The prospect is for inflation to be held below 2%, say averaging 1.5%. The real rate is then 6.5%, still substantially higher than in … Read More

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

Gareth Morgan, Director of Gareth Morgan Investments Last week’s London “Economist” magazine drew the distinction between Australia’s recovery and our own. The magazine noted the export-led nature of NZ’s upturn and postulated that in contrast Australia’s would be accompanied by … Read More

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

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

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