Long Jump, Bankers and Culture

Long Jump, Bankers and Culture

Many years ago, in my penultimate year of high school, I had a friend, Roger*, who at his first attempt became the best in the school at Long Jump. He was 16 at the time. He jumped a record 7.85 metres at the school during trials and 7.25 metres in competition. He...
The Future

The Future

Just imagine you’re a waiter in a restaurant. You’re paid $25 per hour and rack up a forty hour week. Tips are split between all staff. Now imagine if your boss informed you last night that by July next year you would be receiving a 19% pay cut. You spring into...
Rate Cuts By Stealth

Rate Cuts By Stealth

You may have read recently about various economic facts and figures as they have been made public by our economic sleuths. For instance, you may have heard about the levelling out (in some cases, a fall) in various housing markets around the country. You may have...