elocal Magazine

In 2015, Don began writing articles for elocal, a monthly magazine focused on the Franklin county/Karaka area of South Auckland. In recent years, it has been available both in print and digital editions (the latter at www.elocal.co.nz). In reverse chronological order, these are those articles.

The outlook for the economy

elocal Magazine, ed. 174. 28 August 2015

One of the standing jokes during the 14 years during which I was Governor of the Reserve Bank was that, every time the Monetary Policy Committee met to advise me on whether to tighten, ease, or hold monetary conditions, there was an “unusual degree of uncertainty” about the future outlook...

Who really caused the Global Financial Crisis?

elocal Magazine, ed. 173. 31 July 2015

The great majority of New Zealanders – indeed the great majority of people in most countries – think they know the answer to this question. Greedy and unscrupulous bankers caused the Global Financial Crisis (GFC), and most of them should be serving long prison sentences instead of living in the...

Who owns the Reserve Bank?

elocal Magazine, ed. 172. 27 June 2015

Doris Munche asked two questions: Who exactly owns the Reserve Bank of New Zealand, and who exactly owns the New Zealand currency?

Should the age of eligibility for New Zealand Superannuation be raised?

elocal Magazine, ed. 171. 29 May 2015

Last year, I published a book called “Incredible Luck”. The book covered a lot of issues, but at one point I criticised the present Government for its unwillingness to forewarn the public of the inevitable need to increase the age of eligibility for NZ Super.

House prices in Auckland

elocal Magazine, ed. 170. 30 April 2015

Almost every time I pick up the Herald it seems to carry another story of rising house prices in Auckland. It’s either a story of a happy home owner reflecting on how much they have “made” by buying a house a few years ago, or a story of a desperate...

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Copyright © 2020 Don Brash.