Missing benefits of the high dollar

As the New Zealand dollar reached an all-time high against the British pound and keeps rising against the US dollar, the euro and other major currencies, New Zealand manufacturers are renewing their complaints about the damaging effects of our strong currency. However, currency movements usually produce losers and winners. Read more

Dr Oliver Hartwich
Insights Newsletter
8 February, 2013

An FDI good news story

As we hear the litany of doom and gloom about manufacturing in New Zealand, it would be easy to assume that manufacturing is in crisis; that everyone is shutting down, packing up and leaving; and that no new jobs are being created or industries expanded. However, this week there was a positive story in this space – the Chinese-owned Yashili Dairy Company has announced two substantial investments in New Zealand, pending approval from the Overseas Investment Office (OIO). Read more

Luke Malpass
Insights Newsletter
8 February, 2013

Rehab more important than employment

This week, the Dominion Post ran an article under the rather optimistic headline, ‘Fulltime work lined up to keep prisoners happy’. It quoted Prime Minister John Key talking about a “working prisons” proposal designed to get prisoners working full-time in the prison system. Read more

Brigitte Masters
Insights Newsletter
1 February, 2013

New Zealand's uncertain dollar

As the opposition’s parliamentary inquiry into manufacturing gathers pace, it is worth taking another look at manufacturing and the chief culprit blamed for its troubles: the high dollar and the monetary regime. First, the recent decline of manufacturing has been grossly overstated. Read more

Luke Malpass
Insights Newsletter
1 February, 2013

New Zealand's housing crisis

Housing is back in the papers again after the release of the ninth annual Demographia International Housing Affordability Survey. House prices in Auckland have topped their 2007 peak, which sparked comment from Minister of Finance, Bill English, who said if councils didn’t approve more land for development, power to do so might be relocated closer to the Beehive. Read more

Luke Malpass
Insights Newsletter
25 January, 2013

Drink-driving in moderation

This week, we heard news falling straight from the category “Only in Ireland”. What happened? Read more

Brigitte Masters
Insights Newsletter
25 January, 2013

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