https://t.co/Ce57ekXwuV - and who this surprises should represent the level of shame felt for economic ignorance.
28/05/2016 8:16 AM
RT @ProWorkflow: Tracking of your Progress for #projectsuccess.Check out the new Task Progress https://t.co/2lMGlDCAX4 #proworkflow https:…
20/05/2016 7:03 AM
Tax havens have no economic justification, say top economists https://t.co/tik261cTzs
11/05/2016 7:16 PM
@SelwynPellett - hopes of the middle to get ahead - all that drive to globalisation without much of a care for where the burden fell...
6/05/2016 3:43 PM
@SelwynPellett - Trump existence is down to the failure of existing policy to support the hopes
6/05/2016 3:40 PM
@SelwynPellett - that many?
6/05/2016 3:37 PM
RT @nfergus: "Nothing makes my blood chill more than the thought of Trump and Putin doing a deal." https://t.co/55mw7loND3
6/05/2016 1:00 PM
Australia budget: Multinationals to be hit with 'Google tax' - https://t.co/nmC2omeWRv - come on NZ.
4/05/2016 8:24 AM
RBA cuts rates to 1.75% ahead of federal budget https://t.co/4OD5iXGrqa #SmartNews - wake up RBNZ.
3/05/2016 8:06 PM
Google restructures to avoid hefty penalties in Australia, as tax bill hits $16 million https://t.co/auuLAch6Ms #SmartNews
30/04/2016 1:41 PM
Print-friendly
4
MAR 16

The New Dragons


1 comment(s)

There is an old saying: generals tend to fight the last war; a war they were themselves much exposed to the action forming solid memories of their fights. So it is with politicians and policy makers, confronted by a new world they cling to the learnings and responses of the past, fighting what was once real.

The set piece event that opens each year by the Reserve Bank Governor,...


tags: currency, inflation, growth, turner, gfc, debt, finance, keen, stability
Print-friendly
6
AUG 15

Land, Buildings and the Balance of Trade


0 comment(s)

Housing has been a growing issue in many, but not all, economies around the world. In New Zealand, it has been a standout problem that seems to be getting worse, a problem characterised by the Auckland housing market. Housing and land values underpin an issue that directly affects everyone, through higher living costs, driving higher inequality; asset price inflation can be damaging on...


tags: housing, tax, taxation, land, property, ireland, investment, investors, speculation, land tax
Print-friendly
25
MAR 15

Housing – what can we learn from others?


0 comment(s)

Housing has been a hot topic in recent years, as prices in Auckland and Christchurch continue to rise. Housing is an issue that affects everyone, particularly through its effect on the tradable sector and average wages – drawing investment away from productive enterprise and keeping interest rates and consequentially the exchange rate higher than they otherwise would be. Rampant house price...


tags: housing, lvr, loan to value, loan to income, macroprudential, rbnz, central banks, supply, demand
Print-friendly
24
MAR 15

Technological disruption and the future of work


0 comment(s)

Technological progress leading to mechanical automation has already changed how people work around the world, but advances, particularly in software and computing power are opening up new possibilities of automation and disruption. This change was described recently by Xero Managing Director Chris Ridd, “


tags: exports, manufacturing, innovation, work, employment, automation, competition, education
Print-friendly
19
MAR 15

The best we can be?


0 comment(s)

The following is a speech I gave at farewell functions for my stepping down as Chief Executive of the New Zealand Manufacturers and Exporters Association (NZMEA) at the end of March:

I would like to thank you all for taking the time to be here today.

There is never a good time to leave, my feelings are a mixture of sadness and happiness, and thoughts a mixture of...


tags: nzmea, exports, future, sustainable, debt, productivity, innovation, wealth, r&d, speech, leaders' network
Print-friendly
23
FEB 15

Exporting in 2015


0 comment(s)

The attractive parts of being an exporter, such as greater scale and more opportunities, also come with greater exposure to external risks: exchange rate variations, changing demand from economic cycles in destination markets and even tensions in geopolitics all impact any export business. Managing risk becomes a key skill for exporters.

Such fluctuations can go either way;...


tags: exports, manufacturing, currency, exchange rate, survey, rbnz, uncertainty
Print-friendly
19
FEB 15

State of the Nation and Housing


0 comment(s)

The political year was back in full swing last week as National and Labour leaders delivered their state of the nation addresses - both different in their content and stated purpose.

Andrew Little’s speech aimed to set the direction of the party going forward, while staying away from policy detail. The focus was on jobs, claiming “the next Labour government will make sure that...


tags: rbnz, housing, andrew little, key, sme, jobs, manufacturing, labour, national
Print-friendly
19
DEC 14

Make policy for real, not ideal, humans


1 comment(s)

The following was published in the financial times - to read the full article, click here.

Out of the crooked timber of humanity, no straight thing was ever made. This famous remark of the German philosopher, Immanuel Kant, is particularly relevant to economists....


tags: bias, confirmation bias, behaviour, daniel kahneman, martin wolf, incentives
Print-friendly
19
DEC 14

The decline of the dollar


0 comment(s)


This infographic was originally posted here: www.online-accounting-schools.org/decline-of-the-dollar/


tags: currency, dollar, exchange rate
Print-friendly
5
DEC 14

Currency Viewpoint


0 comment(s)

Since 1985 New Zealand has operated with a floating exchange rate, meaning our currency it is traded on the market, responding to changes in economic conditions here and around the world: subject to global events, interest rates, prices and a range of other factors that affect the demand for our currency. It is normal for the exchange rate to be somewhat over or undervalued for periods of...


tags: currency, new zealand dollar, exchange rate, fair value, exports, manufacturing, rbnz, monetary policy