Fingers crossed
If the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029. The period of structural deficits will have lasted almost a decade. Read more
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If the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029. The period of structural deficits will have lasted almost a decade. Read more
Wellington (Wednesday, 27 May 2026) – New Zealand can be a much more prosperous country, and the policy choices needed to get us there are well within reach, says The New Zealand Initiative’s Executive Director, Dr Oliver Hartwich. The Initiative today released Prescription for Prosperity 2026, its fourth briefing to an incoming government. Read more
With energy prices spiking, an old idea has gathered fresh momentum: break up the big electricity companies. New Zealand First put the proposal on its agenda at the party’s State of the Nation address, calling for the four gentailers, companies that both generate and retail power, to be split apart. 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
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
No fuel was available where I lived on the east side of Christchurch immediately after the 2011 earthquake. Power was out. Read more
Every year around Christmas time, the government provides a sneak preview of the coming year's budget. At the same time, Treasury provides its take on the state of the books. Read more
Walk through Wellington, and you will see plenty of empty shopfronts and shuttered cafes. Switch on the radio, and you will hear experts say this is the best time to buy a house in years. Read more
The Supreme Court’s Uber judgment (Rasier Operations BV v E Tū Inc [2025] NZSC 162) has delivered clarity of a sort. The Court dismissed Uber’s appeal, upholding the finding that drivers are employees when logged into the Uber app. Read more
Announcements earlier this month make the Emissions Trading Scheme a bit less credible over the longer term. The problem can be fixed – and relatively easily. Read more