The Herald has reported on the results of a recent survey which show that New Zealand is now the least affordable place to buy a house in the world. The study reaches this conclusion by examining average wages and house prices. Given the well documented gap between wages in New Zealand and overseas, the housing […]
Author Archive for: agnitio
About Will Taylor
Will loves economics,technology and football. He runs the technical side of the blog and very occasional rants about economics, technology and football....
As a (sometimes) frustrated user of public transport, he has also recently become very interested in the economics of transport.
Entries by Will Taylor
I found this point particularly interesting “it is not possible to conclude that the relevant markets would be more competitive if the Warehouse Extra concept is pursued by the acquirer than if the Warehouse is not acquired” I have always been of the opinion that the Extra concept would be much more effective in the […]
I have always been skeptical of open source software, if Microsoft and all of their highly paid programmers can’t get it right, how can a bunch of guys who work on projects for free in their spare time do any better? As a recent convert to Linux I now realize how wrong I was. In […]
While I am all for supporting the domestic economy, I think that a strict interpretation of the requirements for a good to be labelled “Made in New Zealand” actually harms our exporters. People get upset when they find out that something that is “Made in New Zealand” is manufactured using inputs purchased from another country. […]
So the exchange rate has reached record highs much to the despair of the government, reserve bank and local exporters. There is one sector of the economy that is poised to benefit from this though…. ME Given all the noise coming from the government about the exchange rate being overvalued and the fact that the […]