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Research by financial journalist Bernard Hickey is showing that the wealth gap in New Zealand has widened during the pandemic. Business net worth has increased by more than $300 billion but those businesses that are struggling are being squeezed even further. Read more
Inflation in New Zealand is at a three decade high. Oliver Hartwich talks to Richard Dean on Duba-based radio station, Dubai Eye, about what is causing New Zealand's high inflation. Read more
This is going to be a busy and difficult year for government. It is planning major changes to the health system, tertiary education, local government (the ‘Three Waters’), environmental rules and wage setting arrangements - while also struggling with COVID and the disaster which is housing policy. Read more
New Year’s and Christmas are traditional occasions to reminisce about the past twelve months and wonder what the next will bring. Looking in the back mirror is easier. Read more
Oliver Hartwich joins Ben Craven for the final NZ Initiative podcast of 2021. The pair recap the highlights of the past twelve months, look at how the Initiative has influenced policy, and outline plans for 2022. Read more
US President Herbert Hoover once stated, “Blessed are the young, for they shall inherit the national debt.” Right now, young people have a reason to be concerned. Since Covid-19 arrived 18 months ago, New Zealand’s net public debt has nearly doubled. Read more
Oliver Hartwich joins Ben Craven to discuss the government’s proposal for social unemployment insurance, and the lessons New Zealand should heed from Germany’s experience with social security. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Central bank independence matters. The grand bargain struck between governments and their central banks, coming out of the turmoil of the 1970s, and led by New Zealand in the late 1980s, was simple. Read more
It is easy to squander taxpayers’ money if you are a central bank. The losses amount to a few thousand dollars per household, but hardly anyone is aware of it. Read more
Another Groundhog Day week in our never-ending Covid crisis. We got an announcement on Monday for another on Wednesday. Read more