Can the Kiwi fly again?
16 August 2018
The Reserve Bank’s recent announcement was a surprise to financial markets, who were perhaps less concerned about downside trade risks, and more focused on evidence that wages and inflation are rising in our economy. Balancing risks is always a fine judgm...
Pricing at the Margin
20 July 2018
Alfred Marshall was a very influential English economist in the late 19th Century who was first to develop the standard demand and supply graphs now taught at high schools throughout the world....
Winter Insights 2018
13 July 2018
The pace of global growth slowed a touch over the June quarter, but overall conditions remain strong and consistent with global growth remaining above trend levels. Given the backdrop, global equities performed modestly well...
Bangers to Bluff
23 May 2018
Picture the scene. Twelve old cars purchased for less than $2,000 each, to be driven the length of New Zealand over twelve days using little-known highways and byways, stopping overnight at motels, attending formal welcomes and promoting Rotary ...
Autumn Insights 2018
16 April 2018
At the year ended December 2017, we reported that equity markets had closed on record highs, including in New Zealand and the United States. In the March quarter of 2018, we saw a reversal of fortune, with sell-offs in most equity markets...