Cost of living crisis won’t be solved by subsidising prices
Voters are rightly worried about the cost of living. How can they balance the household budget? Read more
Bryce is a Senior Fellow at The New Zealand Initiative and the Director of the Wellington-based economic consultancy firm Capital Economics.
Prior to setting up his consultancy in 1997, he was director, and shareholder in First NZ Capital. Before moving into investment banking in 1985, he worked in the New Zealand Treasury, reaching the position of Director.
Bryce holds a PhD in Economics from the University of Canterbury and was a Harkness Fellow at Harvard University. He is a Fellow of the Law and Economics Association of New Zealand.
Phone: +64 4 499 0790
Voters are rightly worried about the cost of living. How can they balance the household budget? Read more
Our Senior Fellow Dr Bryce Wilkinson, a former Treasury director, joined Mike Hosking on Newstalk ZB to make sense of the fiscal plans dominating the election campaign. He read National’s numbers as a continuation of its effort since 2024 to return to surplus: holding the line on spending despite rising interest costs and an ageing population, and relying on economic growth to lift revenues and close the gap. Read more
Our dollar has fallen a lot since 24 August. On 30 September it was down 6% against the US dollar, 3.2% against the Australian dollar and 4.8% against the Reserve Bank's basket of currencies. Read more
Might the plunge in the value of the New Zealand dollar in the last five weeks make you poorer? The reason for asking is that, on 29 September, a New Zealand dollar bought 5.1% fewer US dollars than on 24 August, 3.1% fewer Australian dollars and 4.6% fewer units of the Reserve Bank’s basket of currencies. Read more
No competent physician would prescribe a remedy for a symptom before determining its cause. Local Government Minister Simon Watts wants to cap council rates increases at 2 to 4 percent. Read more
For many today, inequality is a dragon that public policy must slay. The accusing fingers usually point at unequal outcomes for selected things, such as income and diversity representation. Read more
Last month, the Ministry of Social Development released the latest of its excellent statistical reports documenting the extent of child poverty, hardship/deprivation in New Zealand. The proportions are much below their peak rates around 15 years ago but are still too high. Read more
Among prosperous nations, New Zealand is relatively a low-income country. That hurts. Read more
This is The New Zealand Initiative’s 2026 Prescription for Prosperity. Since 2017, the Initiative has prepared a briefing for the incoming government. Read more
Any minister of finance would find this month’s Budget a challenge. The problem is chronic deficit spending. Read more
Auckland Council protects eighty views across the city. Mainly, not views from homes. Read more
Heather du Plessis-Allan discussed Dr Bryce Wilkinson's NZ Herald article on Newstalk ZB, drawing on his analysis of the 1970s oil shocks as a cautionary lesson for today's politicians. Dr Wilkinson argues that the government should resist pressure to intervene through price controls, subsidies, or fuel tax cuts, and instead rely on price signals and targeted income relief for the most vulnerable, while leaving risky energy investments to private capital. Read more
Brent crude hit $112 a barrel last Friday. Goldman Sachs says it could reach $147 if the Strait of Hormuz stays closed; the futures market predicts it will be $86 in six months. Read more
In this episode, Nick talks with Bryce about the government’s proposed replacement of the Resource Management Act and what it means for property rights. Bryce argues the bills fall short of the government’s stated commitment to property rights, lacking the economic disciplines needed to ensure regulation delivers net benefits for New Zealanders. Read more
PART 1 – HIGH-LEVEL VIEWS ON THE OVERALL REFORM PACKAGE 1. Introduction and support for reform intent 1.1 The New Zealand Initiative welcomes the opportunity to submit on the Planning Bill and the Natural Environment Bill. Read more