New Zealand’s average income, defined as GDP per capita, is now three quarters that of Australia and even lower than in Australia’s poorest state, Tasmania. Over the last seven years, New Zealand has grown slightly faster than Australia,but at these rates, it would still take 140 years to...

As we emerge from a deep and long recession, the debate must shift again to how New Zealand can lift its productivity growth rate. New Zealand has already done much work in getting the economic environment right for business growth. The reforms of the 1980s and early 1990s removed many of the...

New Zealand is ageing. The number of old people will increase three-fold and will soon comprise a very large segment of society. Ageing will shrink the labour supply relative to the size of the population and the existing supply of capital. That has implications for wages and interest rates....

Along with most of the Organisation of Economic Cooperation and Development, New Zealand has experienced significant changes in local and regional development policy and practice since the wide-spread adoption of neoliberal reforms in the 1980s. Policy interventions have restricted the powers of...

Purpose – The purpose of this study is to explore whether the present measures being taken by the New Zealand (NZ) government are strengthening its non-banking sector effectively to address the recent financial crisis and ensure better financial stability to the economy....

Fama and French’s (1999) internal rate of return method is applied to Datastream data from 1993-2001 for 81 non-financial firms listed on the New Zealand Stock Exchange. The nominal return on value is 7.09%. The real return on value is 5.07%. The nominal return on cost is 11.59%. The real...

Rapid dairy industry expansion in the South Island of New Zealand during the 1990’s increased demand for agistment and supplementary feed. Consultants and retailers recognised the ability of whole-crop cereal silage to provide the extra feed required. The local arable industry had...