Interest rates are an expression of the time value of money. The article discusses the elements involved in calculating rates in two categories of interest. The first category is interest as the return the lender requires for the use of money advanced in secured or unsecured transactions. The...

The article reviews the efforts by Governments, Courts and professional accounting bodies to mitigate the hugely damaging effects of the high inflation of the 1970s and 1980s on the economy and the wider public. The Consumer Price Index brings out that impact recording that in 1990 a New Zealand...

This paper considers the mutuality principle in tax law and the effect that s 145 of the Land and Income Tax Act 1954 has had on this principle. The mutuality principle is the doctrine that, in the absence of special legislation, a payment to oneself cannot constitute income. The paper first...

In this paper Sir Ivor Richardson discusses the role and possible methods of work of lawyers assigned to law reform tasks outside their home jurisdictions. In particular, he relates his comments to his own experience in preparing fiscal and banking legislation for Mauritius, Tonga and Western Samoa

Economic analysis of law is an important field of study for the courts. This is because court decisions affect the use of society's limited resources. Therefore, the economic efficiency of a particular course must be taken into account. However, without adequate data there is a risk that...

This foreword remarks that the publication of a book on Competition Law and Policy is particular timely due to recent changes in New Zealand society and the economy as well as the closer linking of the New Zealand and Australian markets. It notes the extent to which the New Zealand Courts and...

This address was given by Sir Ivor Richardson to the Family Courts Conference, held in Auckland in October 1999. In it, Sir Ivor first discusses the need to develop family law expertise at the appellate court level. He then briefly looks at the potential for inequality arising from the equal...

This paper focuses on the Government-Servant relationship in the United States. First, the article distinguishes between officers and employees. Then, incidents of this relationship in relation to officers, employees and military servants are explored. These are: the right to a salary, rights...

In the preface to this collection of essays on the Estate and Gift Duties Act 1968, the editor defines the purpose of the collection as providing an introduction to selected aspects of the new legislation