The United States celebrated its 250th birthday this weekend. Like all those who are told that their glory years are behind them, my country showcased its youth and inexperience with much rejoicing. Read more
Among prosperous nations, New Zealand is relatively a low-income country. That hurts. Read more
Nostalgia is a wonderful state of mind but, almost by definition, it glorifies the past while ignoring things that were not so good. Many older New Zealanders are nostalgic for the 1970s. Read more
In 1973, 843 people died on New Zealand roads. Last year, with far more people driving far more cars, the provisional toll was 272. Read more
| GDP Quarterly Change: | 0.30% |
|---|---|
| GDP Annual Change: | 1.73% |
| Inflation: | 3.12% |
| Optimal OCR: | 2.06% |
| Optimal OCR Gap: | -0.19% |
| Forecasted OCR Change: | 0.25% |
