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Adam Smith warned that meetings of people of the same trade quickly turn into conspiracies against the public or contrivances to raise prices. He neglected to mention the benefits of meetings of people from vastly different trades. Read more
Last week the Commerce Commission announced its concern with a proposed merger between Foodstuffs North Island and Foodstuffs South Island. Their concern is a decrease in competition in the market. Read more
Good ideas often take time to gain traction. Congestion charging is no exception. Read more
American supply-side conservatives got one big thing right two decades ago, but they got a bigger thing wrong. And it’s relevant to current debates about our Coalition Government’s proposed tax cuts. Read more
Dr Eric Crampt on talks to Corin Dann on RNZ about the need for state spending to reduce to pre-Covid levels. Listen below. Read more
Dr Oliver Hartwich talks to Nick Cater's show on ADH TV. Watch here. Read more
Wellington (Thursday, 14 March 2024) - A new research note by The New Zealand Initiative is questioning how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). The research note, “The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?” highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more
New Zealanders recently learned about a new feature film. It will be about former Prime Minister Jacinda Ardern – and taxpayers will subsidise it to the tune of NZ$800,000. Read more
Wellington (Wednesday, 13 March 2024) - The New Zealand Initiative welcomes the government's introduction of the Fast-Track Approvals Bill to streamline consenting for infrastructure and development projects. However, the Initiative recommends several changes to improve the Bill and mitigate potential downsides. Read more
Sean Plunket talks to Dr Oliver Hartwich on The Platform about whether the Government has actually made fiscal progress after its first 100 days of action. Watch below. Read more