
Storm clouds over the global financial system – an update
Last November we published a report, Walking the Path to the Next Global Financial Crisis. Public debt ratios in many major economies are alarming. Read more
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Last November we published a report, Walking the Path to the Next Global Financial Crisis. Public debt ratios in many major economies are alarming. Read more
The controversial Credit Contracts and Consumer Finance Act came into force from 1 December 2021. It has significantly changed how Kiwis gain access to credit. Read more
It’s the standard critique of local government, and it’s often right. Councillors and mayors are more interested in spending a lot of money on flashy convention centres than on maintaining the pipes. Read more
If you thought central planning was buried with the fall of communism, you should look at the European Union. In recent years, the EU has been working on its so-called taxonomy. Read more
Since last week’s announcement, Finance Minister Grant Robertson’s proposed social unemployment insurance has been criticised across the political divide. Some complaints relate simply to timing. Read more
A dark part of me hopes the government’s employment insurance scheme is enacted exactly as proposed. It will be terrible. Read more
The OECD’s country report for New Zealand always reveals sobering home truths. This year’s was no exception. Read more
Officially, New Zealand governments welcome overseas investment. In practice, they do much to thwart it, for no good reason. Read more
Toward the end of the classic Vietnam war film Apocalypse Now, Captain Willard finally found the object of his quest: the mad Colonel Kurtz. Kurtz asked whether Willard agreed with their superiors who believed that Kurtz’s methods were unsound. Read more
We are still five days ahead of Groundhog Day (celebrated on 2 February each year), yet we feel like we have been here before. Only Punxsutawney Phil and Andie MacDowell are missing. Read more