Last week, the Reserve Bank’s Deputy Governor Grant Spencer signalled that he favours more demand-side interventions in the housing market. In a speech and in a radio interview he argued that increasing housing supply, though highly desirable, may take too long to have an effect on house prices. Read more

Last week, I wrote about Ben Bernanke’s critique of Germany’s exorbitant trade surplus (Bernanke’s misguided fix for Germany, April 9). My conclusion may have surprised a few readers: The best way to deal with the German surplus would be to take Germany out of the eurozone. Read more

The Reserve Bank of Australia’s surprise decision not to cut interest rates only postponed the expected 'parity party' between the Kiwi and the Aussie dollars. The way things are going, it is a matter of time until both currencies are of equal value. Read more

The Reserve Bank of Australia’s surprise decision not to cut interest rates only postponed the expected “parity party” between the Kiwi and the Aussie dollars. The way things are going, it is a matter of time until both currencies are of equal value. Read more

Since March 30, former Federal Reserve chairman Ben Bernanke has been blogging on economic policy for the Brookings Institution, where he is a Distinguished Fellow in Residence. His first posts dealt with questions such as why interest rates were so low, the thesis of a ‘secular stagnation’ and the global savings glut. Read more

To begin with an anecdote, a Western diplomat recently told me about a meeting he once had with a Chinese counterpart. They both wanted to discuss issues relating to the Pacific Islands. Read more

Radical leftists like the Greek government under Prime Minister Alexis Tsipras and nationalist right-wingers like France’s National Front do not have many things in common. However, they can both hope to be supported by Moscow. Read more

A higher kiwi dollar could boost New Zealand exporters’ productivity, leaving them better off in the long run. Earlier this month the kiwi reached a record high against the euro, trading at a whisker under 70c – the highest level the kiwi has been valued against European currency since its inception. Read more

Among the most sought after locations you find in Sydney is the inner-city suburb of Pyrmont. It is not only home to headquarters of major companies such as American Express, Accenture, Vodafone, and Google. Read more

Among the most sought after locations you find in Sydney is the inner-city suburb of Pyrmont. It is not only home to headquarters of major companies such as American Express, Accenture, Vodafone, and Google. Read more

If the latest signals coming from the Federal Reserve are anything to go by, it is only a matter of time until the US central bank increases its funds rate. Most likely it is going to happen some time over the northern hemisphere summer. Read more

For years, we have been warned that New Zealand is facing a manufacturing crisis. The Kiwi dollar’s high exchange rate would hurt exporters and drive industrial activities out of New Zealand. Read more

When the new Greek government took office in late January, I wondered whether they might be trying to play the ‘madman strategy’ in a game of chicken (The euro crisis has become a game of chicken, January 29). Behaving erratically and seemingly irrationally, so I wrote, Prime Minister Alexis Tsipras and his finance minister Yanis Varoufakis might just drive the other Europeans to insanity -- and force them to surrender to prevent the worst. Read more