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With its rate cut on 7 August 2019, the Reserve Bank of New Zealand surprised markets and sent a strong signal that unorthodox or unconventional monetary policy could be on the cards. We argue that, especially under unconventional circumstances, predictability of the Reserve Bank is needed to retain its credibility, independence and reputation. Read more

The Interim Climate Change Committee (ICCC) has delivered a landmark report, according to our new policy paper, When the facts change: How the ICCC saved New Zealand from a policy disaster. Analysis by the Interim Committee found the Government’s 100% renewable electricity policy would hike power prices and potentially deliver worse environmental outcomes. Read more

Read our submission to the Minister of Finance, the Minister of Revenue, and the Inland Revenue Department on the 'Options for taxing the digital economy' discussion document. Read more

Read our submission to the Environment Committee on the Climate Change Response (Zero Carbon) Amendment Bill. Read more

The government’s goal of a highly skilled and innovative workforce and an economy that delivers well-paid, decent jobs and broad-based gains from economic growth and productivity, is a laudable aim. It is what governments should strive for. Read more

Read our submission to the Reserve Bank of New Zealand on The Review of the Capital Adequacy Framework for locally incorporated banks: How much capital is enough? 

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New Zealand deserves far better water management. Scores of newspaper articles and rigorous reports lay out the problems in the current system. Read more

A comprehensive and year-long econometric analysis of data for 400,000 students undertaken by The New Zealand Initiative reveals there are no significant differences in school performance between schools of different deciles. Adjusted for the different student populations they serve, the vast majority of New Zealand’s secondary schools create the education outcomes we would expect from them. Read more

A new survey reveals that the majority of those surveyed support a move towards local services being managed and provided by local decision-makers. With New Zealanders’ attitudes towards devolved government shifting, many believe now is the time to explore localism. Read more

Executive SummaryTax Working Group’s proposed rate of capital gains tax one of the most penal in the world. The Tax Working Group’s report proposes a broad-based top rate of 33% capital gains tax. Read more