NZ Herald on economy

The Herald editorial:

The dawn of a new year invites the mind to entertain endless possibilities, especially in a country so lucky. New Zealand enters 2015 with its dollar nearly as valuable as that of the signature “lucky country” next door. Three days ago Infratil and the New Zealand Superannuation Fund bought an Australian retirement village company for $670 million taking advantage of the rising kiwi. One swallow does not signal a summer of investment that would reverse the direction of transtasman ownership but it is another step of confidence.

When people rail against foreign investment, it is worth bearing in mind, that as our economy does well, it will be NZ companies investing overseas, and if we try and restrict foreign investment in NZ, then we risk being blocked ourselves.