Simon Louisson disagrees with my view on former Reserve Bank governor Adrian Orr so I invited him to write a guest column. This is free to all to read.
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Fiji’s Rabuka failed one of politics’ most basic rules: getting the numbers. He fell short by a single vote of securing the three-quarters majority needed for constitutional change. In politics, failure to add up can be fatal.
Luxon sold multiple houses last year for an estimated (tax-free) profit of $500,000 by around September. Had he done nothing else with that money except put it into a basic share fund (tracking the S&P500 for example), it would have returned approx. $40,000 (as of around 10 days ago (!)). That translates to roughly 25% more than the aver…