Gareth Morgan (economist)

Morgan worked for the Reserve Bank of New Zealand in the early 1980s, before founding economics forecasting company Infometrics Limited in 1983.[6] That company became one of New Zealand's largest independent economics consultancy and forecasting businesses and for 18 years while under Morgan's leadership (until the end of the 1990s) maintained a regular national circuit of business and public speaking engagements focussed on raising the economics literacy of businesspeople and householders.

In 1984, he and business partner Andrew Gawith launched a twice weekly horse racing form guide, Bettor Informed, based on econometric modelling of all 7,500 gallopers on the New Zealand scene. The publication sought to identify the fair dividend for each horse and to instruct its readers when the odds being paid at the tote were a good return compared to the horse's actual chances of winning in that field. This publication was later sold to Independent Newspapers Limited, the owners of competing titles Best Bets and Turf Digest.

In 2000, Morgan established Gareth Morgan Investments,[7] a personal investment portfolio management service. When the New Zealand Government initiated KiwiSaver in 2007, Gareth Morgan KiwiSaver Limited launched the Gareth Morgan KiwiSaver Scheme.[8]

Morgan is well known for activism against New Zealand's financial services industry.[9] Morgan says that he's been persistent in exposing and criticising the sector, challenging the financial sector to produce safer and more ethical products.

Morgan and his wife Joanne were early investors in Trade Me, founded by his son Sam Morgan. They were paid NZ$50m for their shares when Fairfax Media bought Trade Me in 2006.

Morgan was a member of the Government appointed Capital Markets Task Force[10] (2008–2009) and the Tax Working Group (2009).[11] He is the chair of the Motor Cycle Safety Levy Advisory Council,[12] Patron of Wing 256 NZ Police Cadets,[13] and was North & South's New Zealander of the Year in 2007.[14]

In 2011, as part of a business consortium, Morgan and six other Wellington businessmen joined to take over the licence of Wellington Phoenix FC, the only professional soccer team in New Zealand after its owner was declared bankrupt.[15]

Along with his wife Jo, Gareth Morgan has been a UNICEF NZ Ambassador and major donor since 2007 and has instigated a number of specific programmes in conjunction with UNICEF since that time. They include:

• A water project in Tanzania where the Morgans matched a NZ public appeal dollar for dollar for funding to install boreholes, wells and water tanks in 29 villages, and provide basic hygiene education, directly benefiting over 65,000 people.
• Repairs to 44 tsunami-damaged schools in the Solomon Islands where the Morgans matched a NZ public appeal dollar for dollar. The programme will ensure that 5,400 children have access to safe drinking water, hygienic toilet facilities, modern and relevant teaching and learning materials, and safe bright classrooms.
• Boosting funding for a programme focused on the social adjustment of children in the slums of Bogota, Colombia through funding of the game of peace, Golombiao. This programme will directly benefit 4,000 children, teaching them conflict management skills, promoting peaceful co-existence and preventing their attachment to violence and their participation in illegal armed groups. The Morgans matched dollar for dollar a public appeal run in Bogota for the initiative.
• Boosting funding for a programme of assisting displaced indigenous communities around Asuncion, the capital of Paraguay. This programme will provide improved access to health, education and family protection of 670 children and adolescents working on the streets.

Since 2006 Gareth and Joanne have supported the work of a number of New Zealanders involved in significant foreign aid around the world.[16] They include:

• Edric Baker – an inspirational medical doctor who has worked in northern Bangladesh for over 20 years, establishing the Kailakuri Health Centre.
• Scott and Tracey Dumbleton – a married ophthalmic team who worked at the Gilgit Eye Hospital in remote northern Pakistan.
• Tristan de Chalain and the plastic surgery reconstruction team at Middlemore Hospital who travel to the Philippines every year to surgically repair cleft lips and palates for affected underprivileged Filipino children.
• Judy and Ralph Duley – a retired couple, physical therapists, who work with orphaned disabled children in Western China.
• Rachael Hughes – a woman who has dedicated a decade to assisting the street-kids of Vladivostok, protecting them from violence and helping educate them so they can lead fulfilling lives.
• Mary Taylor and her project to help Sri Lankan victims of the 2004 Boxing Day tsunami re-establish their fishing businesses and get back on their feet.

• 2007 – Gareth and Jo provided the Island Bay National Wildlife Refuge with funding to prevent a property developer encroaching on a native bush area, instead allowing the land to be turned into a reserve for the benefit of the whole community.
• 2010 – Gareth and Jo provided Victoria University's Antarctic Research Centre funding to hire two researchers to work on aspects of climate change in Antarctica.
• 2011 – Gareth helped Wellington Zoo fund the recovery and rehabilitation of Happy Feet, the stranded emperor penguin. He did this by matching dollar for dollar a public appeal for funding.
• 2011 – Gareth organised a major scientific and public awareness programme on the environment and territorial threats to Antarctica.[17] This programme centres around a voyage from Bluff to Scott Base taking place in February 2012. On board was a complement of New Zealand's top scientists and a range of communicators chosen from across New Zealand.[18] The objective was to raise the New Zealanders' awareness of the race for resources, the sensitivity of the continent to climate change and the threat to biodiversity of our subantarctic islands from overfishing, marine pollution and climate change.
• 2013 – Morgan gained international attention for his call for New Zealand's domestic cat population to be eradicated,[19] or rather not replaced when they die, as a means of protecting the country's wildlife.[20] Although the scientific basis for this possible action is disputed,[20] some conservationists were sympathetic.[21] Euthanasia "is an option", according to Morgan's website dedicated to this issue, "Cats To Go".[20]