The Dominion post had a good set of articles on Thursday illustrating that there are winners and losers from interest rate cuts. I’m not sure how happy I would be able having a picture of myself in the paper with the title LOSER on top of it – but haven’t got all that much in …
Monthly Archive: January 2009
Permanent link to this article: http://www.tvhe.co.nz/2009/01/31/two-sides-to-every-interest-rate-cut/
Jan
30
2009
Keeping things in perspective
Colin Espiner is back from his Christmas break and he is surprised to see how panic stricken New Zealander’s are. It was the same for me when I came back from the US in mid-November – sheer panic had seemingly overtaken people view of what a recession was. Lets keep in mind that people currently …
Permanent link to this article: http://www.tvhe.co.nz/2009/01/30/keeping-things-in-perspective/
Jan
30
2009
An issue with the idea that our debt stems from housing finance
Yes we have borrowed a lot to buy houses – but if people in New Zealand have been borrowing to buy houses off each other, why does that increase our net international debt position? Someone must have been paid a good sum for their properties – what has happened to them? This fact makes me …
Permanent link to this article: http://www.tvhe.co.nz/2009/01/30/an-issue-with-the-idea-that-our-debt-stems-from-housing-finance/
Permanent link to this article: http://www.tvhe.co.nz/2009/01/29/test-post-apologises/
Jan
29
2009
Do those who pay with cash subsidise credit card users?
At the Freakonomics blog Steve Levitt mentions how high credit card fees are for retailers. Now as consumers when we make our purchases we only make a decision on whether to use a credit card or cash/eftpos based on the relative cost to us and the whether the option of different types of payment are …
Permanent link to this article: http://www.tvhe.co.nz/2009/01/29/do-those-who-pay-with-cash-subsidise-credit-card-users/
Jan
29
2009
Jan 09 OCR decision: Cut 150bp to 3.5%
Big cut – bigger than the market expected, bigger than I expected. The deteriorating outlook for world economic activity appears to have been the primary factor driving this reduction in the official cash rate. Now lets keep an eye on the dollar and on mortgage rates …
Permanent link to this article: http://www.tvhe.co.nz/2009/01/29/jan-09-ocr-decision-cut-150bp-to-35/
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