RT @PositiveMoneyUK: Unlike QE, Sovereign Money Creation works by injecting newly created money directly into the real economy... https://t…
7/03/2017 9:13 PM
@Omearanz @rnz_news - nothing new about debt to income - DTI held 3x price to earnings ratio, without that link debt drives prices
7/03/2017 9:12 PM
I liked a @YouTube video from @profstevekeen https://t.co/kghx2pSwtG Presentation at UDLAP Mexico City on why Trump happened, credit
3/03/2017 7:09 PM
I liked a @YouTube video from @acdcleadership https://t.co/Ac8FOvWMvz The Economics of TRUMP with Jacob Clifford- Part 1: Trade
3/03/2017 7:07 PM
RT @martinwolf_: Martin Wolf: Simple-minded economics distorts the debate over education https://t.co/LFd9Fvo5Gi
24/02/2017 8:41 AM
RT @newscientist: What immigration really means for jobs, economies and cultures #1DayWithoutUs https://t.co/AWwNrA5SFS https://t.co/hATSd…
21/02/2017 11:10 AM
RT @newscientist: For every 1% increase in a country’s population caused by immigration, its GDP grew between 1.25-1.5% #1DayWithoutUs http…
21/02/2017 11:04 AM
RT @TheEconomist: For Donald Trump to “lie”, he has to have known the truth. It is possible, however, that he believes his own guff https:/…
19/02/2017 3:57 PM
RT @martin_anota: Le graphique qui explique la tentation protectionniste (@gcalignon) https://t.co/unKJwxcSGL https://t.co/18sSM8azHc
19/02/2017 11:22 AM
RT @RealProgressUS: "“Printing money.” You hear it all the time in economics discussions — from economists in every phylum of the... https:…
18/02/2017 2:44 PM
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16
FEB 17

On the Land February 2017


9 comment(s)

Fair bit has happened since my last visit, a change of Prime Minister, an election date, and we can look forward to a change in Reserve Bank Governor. A the end of all certainties with the inauguration of Donald Trump, it's a pretty heady mix for us all.

No certainties but a few guesses the we are likely to see a resurgence of bilateral trade agreements rather than more multilateral...


tags: debt, currency, housing, keen, trump, whitehouse
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30
NOV 16

Talking to Rob again - On the Land


157 comment(s)

The end of year interview with Rob finished a bit more positive and probably more uncertain than the year opened Brexit, Trump and and the pacific rim with the TPP most places we depend on are a worry.

As mentioned in the interview closer to home are the comments from the RBNZ, here is the November MPS:


tags: rbnz, mps, financial stability, gdt auction
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11
OCT 16

On The Land October 2016


0 comment(s)

Background for the interview with Rob.

See the interview here:

https://www.youtube.com/watch?v=C8Ow2lYjsBQ&feature=youtu.be

There is a lot happening in the world, try and keep an open mind, many argue we are at the end of history but there are many things that are not settled and need...


tags: economics, housing, dairy trade, tax havens, political economy
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27
SEP 16

Thirty Years of Manufacturing New Zealand


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Thirty Years of Manufacturing New Zealand

See presentation here:

https://1drv.ms/p/s!AoCNln6gsG1Tik6N8KqUEWpoy3ft

New Zealand was the first country to embrace inflation targeting, along with a raft of other polices that have come to be known as the broad neoliberal policy approach....


tags: manufacturing, exchange rate, currency, policy, debt, exports, complexity, value
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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
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6
AUG 15

Land, Buildings and the Balance of Trade


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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
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25
MAR 15

Housing – what can we learn from others?


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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
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24
MAR 15

Technological disruption and the future of work


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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
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19
MAR 15

The best we can be?


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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
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23
FEB 15

Exporting in 2015


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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