Recent Posts

Vale Sir Wilson Whineray 1935-2012

All Blacks legendary captain and captain of business Sir Wilson Whineray passed  away yesterday aged 77. Sir Wilson played 32 tests for New Zealand, and was captain in all but two of them. He rose to great heights in his business career chairing Carter Holt Harvey for a decade and also National Bank. Auckland International Airport chairman Joan Withers said today, …

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Hugh Fletcher: The status quo is not good enough

For thirty years New Zealand has run a current account deficit, averaging around 5% of GDP.   To cover this cash outflow, New Zealanders have sold assets to, or borrowed from, foreigners.  As a result New Zealand’s net foreign liabilities are around 75% of GDP, a very high ratio by international standards. Despite recent years having enjoyed higher prices for our exports and …

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