Rod Oram

Rod Oram argues in his weekly column that there's never been a better time to build a high productivity and high wage economy, but there's also a risk the current good times will allow complacency to lock in New Zealand's bad habits.

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For four days over the last weekend, I travelled with friends down from Auckland through the Waikato and King Country to Taranaki, seeking insights from history and hope for the future. Our journey was an early celebration of Waitangi Day, anguish, reconciliation and all.

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Beingmate, Fonterra's troubled investment in China, is blaming the co-op for its losses, according to a formal letter Beingmate has reportedly sent to Chinese financial regulators in response to their enquiries.

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Rod Oram warns in this week's column that Fonterra shareholders should brace for more bad news about the cooperative's disastrous investment in Beingmate Baby and Child Food.

Rod Oram took a close look at the Treasury's fresh forecasts to find some reassuring scenarios. But he points overseas to the risks around Donald Trump and a frothy stockmarket as factors that could turn the Goldilocks view on its head.