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Sometimes, a consultation process makes me wonder just how the consultation document got out of the door in the first place. Submissions closed last week on the Reserve Bank’s Keeping Cash Local consultation process. Read more
When I specialised in marketing for the business part of my economics degree, I came across a puzzling group of people: consumers. Ask them about their product choices and they will tell you what they care about, how diligently they compare different items and how much weight they put on quality. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Reserve Bank of New Zealand’s Keeping Cash Local consultation is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
Major General John Howard talked to Ryan Bridge on Newstalk ZB about the Defence Minister's announcement that New Zealand will get long range, one-way strike drones, with the Minister wanting a New Zealand company to make them. Howard pointed to the size of New Zealand's exclusive economic zone and to cost in explaining why the drones are one way, and called it a great decision to invest in lower cost capabilities that deliver strategic effect and deterrence. Read more
1. INTRODUCTION 1.1 The New Zealand Initiative welcomes the opportunity to submit on the Draft Guidance on Regulations for Groups of Activities for Councils’ Planning and Reporting. Read more
Dr Eric Crampton talked to Sean Plunket on The Platform about growing concern over data centres, arguing that much of the worry is founded on not understanding the scale of industrial water use and on misunderstanding the effects on electricity networks. Dr Crampton said a data centre proposed for Southland could take water comparable to almost two golf courses, or about a quarter of the average Canterbury irrigation consent, and he argued that fast consenting of new generation, particularly geothermal, would let data centres fund a build out of electricity that reduces overall cost rather than increasing it. Read more
Oliver asked me to make the case for the government’s resource management legislation. It should be read in conjunction with Nick Clark’s critique below. Read more
Eric shows that, under the right ministers, the government’s replacement legislation should be an improvement on the existing RMA. But being better than the RMA is a very low bar. Read more
As an economics student in Germany in the 1990s, I kept encountering two countries at the other end of the world. Whenever a professor wanted to prove that reform was possible, the examples were Australia and New Zealand. Read more
In this episode, Michael talks with Oliver Hartwich, Executive Director of the New Zealand Initiative, about two new reports, New Zealand by Comparison and New Zealand by Numbers, which chart how New Zealand measures up against 28 other countries and how it has changed over recent decades. They discuss why a country that attracts migrants from around the world keeps losing so many of its own people, how Australia matches New Zealand on almost everything but the economy, the Eastern European economies closing in, and wellbeing rankings that still sit near the top of the world but are slipping. Read more
