Brian Gaynor: Overseas ownership is holding NZ back
Another week and yet another report clearly telling us we have too much debt and investment in existing residential property and too little savings and investment in the productive sector. The latest report is the 167-page OECD 2011 Economic Survey of New Zealand. The report’s overview contains a graph showing the gap between Australia, the [...]
Read MoreA lesson we shouldn’t have to learn again
The proposed sale of the Crafar farms to Chinese interests is an important national issue. Such a sale will establish an important precedent because China has enormous savings and foreign exchange reserves that could be used to buy large tracts of New Zealand farmland. Based on the experience of the forestry industry, which is now [...]
Read MoreNZ fails to make most of agriculture boom
The latest International Monetary Fund World Economic Outlook, which was published this week, highlights the two-speed nature of the global economic recovery. The developing economies, with China and India in the lead, are in full flight while the developed countries, mainly the United States, the euro area countries and Japan, are growing at a more [...]
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