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Tumultuous Times: National economics forum to ask the big questions underway


The two-day conference is the first convened specifically around the economic implications of Covid-19.
“The forum comes at a pivotal time, as we weigh up the long-term effects of our Covid-19 response with other challenges facing our economy including climate change and the housing shortage,” says Professor Neil Quigley, University of Waikato Vice-Chancellor.
Deputy Prime Minister Hon Grant Robertson, Minister of Finance, will present a keynote address sharing his views on using fiscal, monetary and micro-economic policy to build a thriving economy for New Zealand.
Other keynote speakers include Adrian Orr, Governor of the Reserve Bank of New Zealand – Te Pūtea Matua, and Vittoria Shortt, CEO of ASB Bank, who will share their thoughts on the future of monetary policy and banking for a strong New Zealand post-Covid. ....

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Reserve Bank governor Adrian Orr: 'Absolutely a question mark over house prices'


Reserve Bank governor Adrian Orr: Absolutely a question mark over house prices
© RNZ / Claire Eastham-Farrelly
Surging housing and sharemarkets pose some of the biggest risks to economies, according to Reserve Bank governor Adrian Orr.
Speaking at the 2021 New Zealand Economics Forum at Waikato University, Orr said easy money policies from central banks around the world had been a factor in the spike in share prices and the sharp rises in house prices as people made the most from low interest rates.
However, he said the risks to and vulnerabilities of households and investors had increased accordingly.
[There are] big question marks around global equity prices relative to underlying earnings, and absolutely a question mark over house prices globally and in Aotearoa-New Zealand relative to household earnings. so take that on board, he told an economics conference. ....

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