What role do banks play in the housing crisis?

What role do banks play in the housing crisis?

By Michael Rehm If banks’ lending behaviour is found to have contributed to New Zealand’s housing quagmire, then banks must be held to account and share the pain when the bubble inevitably bursts, writes the University of Auckland’s Michael Rehm. New Zealand’s...
What’s causing inflation? 🔊

What’s causing inflation? 🔊

Since the COVID pandemic, the United States and other countries have faced challenges in terms of economic recovery. This has resulted in issues such as supply chain disruptions and what has been reported as high rates of inflation. What is inflation? What is causing...
Are banks days numbered?

Are banks days numbered?

By Alex Sims The growth of crypto is confounding critics and forcing central banks like New Zealand’s Reserve Bank to investigate their own digital currencies. Last weekend saw Miami host the Bitcoin 2021 conference. While we don’t know the exact numbers of...
How environmentally friendly is cryptocurrency?

How environmentally friendly is cryptocurrency?

By Peter Howson Bitcoin isn’t getting greener: four environmental myths about cryptocurrency debunked. The price of bitcoin has reached US$50,000 (£36,095) – another all-time high. It’s hard to believe that 10,000 bitcoin would only buy a couple of pizzas ten years...
Is the blockchain revolution coming?

Is the blockchain revolution coming?

By Gilbert Wong The technology behind cryptocurrency is going to change the way the world handles information. The tale of the Facebook Cambridge Analytica data scandal has all the ingredients of a Hollywood potboiler: dirty politics, faceless consultants for hire and...
Could a recession be just around the corner?

Could a recession be just around the corner?

By Amitrajeet A. Batabyal The U.S. economy is growing at the fastest pace in five years, and unemployment is at the lowest level in almost half a century. So why are Wall Street and some economists suddenly worried about a recession? The U.S. economy is growing at...