What to do when they do.
Read MoreHow Financial Institutions Fail

Reserve Bank
What to do when they do.
Read MoreClaims that our current inflation is due to government spending are nonsensical. There is a mantra which goes: if the economy is expanding, cut back public spending; if the economy is contracting, cut back public spending; if the economy is inflating, cut back public spending; if the economy is deflating, cut back public spending. Recognise a pattern?
Read MoreThe crazy Auckland property market needs reining in. Capital gains tax as a way of controlling house prices doesn't work overseas, but what about a land tax?
Read MoreWhat we are witnessing is an old fashioned ideological debate, dressed up as economics.
The high dollar and its causes suit people who have a lot of New Zealand-denominated wealth; a lower dollar is better for producers - people who use capital to earn money.
Read MoreThis year marks 25 years since the Reserve Bank Act 1989 was passed. While it has enjoyed a high degree of cross-party support over that period, the original settlement is unwinding and it is now time for a review. That need not involve throwing the anti-inflation baby out with the bathwater, nor the politicisation of a significant public institution.
Read MoreImagining Reserve Bank Governor Graeme Wheeler as a popular children's book character. Will he learn the lesson of 'what is smart and what is not'?
Read MoreSome have always reckoned National's target of surplus by 2014-15 was "fairyland", but oh no said John Key and Bill English, don't you worry. Now Alan Bollard has joined the naysayers, National has to realise just what's at stake
Read MoreThe Reserve Bank governor has been jumping around on just when he intends to start raising interest rates. For a man who has people's homes in his hands, surely he has to mean what he says and say only what he means
Read MoreThe Great Job Summit Show goes on the road around the regions this week. It played pretty well in the
Farmers hope for lower interest rates after milk payout slashed; Fonterra refuses to release phone minutes; Maori want piece of infrastructure pie; fossils suggest New Zealand may not have been submerged 22m years ago; and more
Read MoreAlan Bollard calls for companies to share the pain; free Herceptin sets "dangerous precedent"; Maori Party opposes 90-day probation bill; Ernest Rutherford's centennial; and more
Read MoreInterest rates expected to keep falling even after record cut; Govt. rejects Treasury advice; another guilty verdict in Glassie case; Japanese climber found dead; Hore is top rugby player; and more
Read MoreGST and taxes could jump in next five years; interest rate to dive; inflation at 18-year high; Key wants to work on lending guarantee; marriage breakdown could cost taxpayers $1b a year; Rings actors finally get payday; and more
Read MoreAnother cash rate cut in store?; National's promised tax cuts take a hit; record number of Aussies move to New Zealand; regional fuel tax approved; maternity system criticised; and more
Read MoreDairy prices to drop; Cullen favours US bailout plan; National and Maori Party "cosy up"; Reserve Bank makes money trading the Kiwi dollar; Agent Orange blamed for veteran's death; and more
Read MoreWorld Cup quarterfinal venues revealed; Teachers want fewer tests in high school; Defence report says military struggling to fly, sail, and fight; NZ First paces possible police probe; and more
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