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We need to be much less restrictive in welcoming foreign direct investment

New Zealand affords itself the luxury of treating overseas investment as a privilege rather than as a necessary and desirable means of better integrating ourselves with the world, so as to make the most of what it has to offer. That blinkered attitude permeates our regulatory regime, which the Organisation of Economic Co-operation and Development assesses to be more restrictive than the regimes of 47 other countries out of a total of 53 countries. Read more

Dr Oliver Hartwich
Interest.co.nz
30 April, 2014

Living wage reinvents the wheel

Since the Living Wage Aotearoa's campaign launched in March last year, there has been no shortage of talk about the feasibility of its implementation, and how it will affect the business of employers and the livelihood of workers. Last week, Jesse Chalmers - treasurer for the Auckland division of the Green Party - waxed lyrical about the positive impact the living wage allegedly had on her small-to-medium enterprise. Read more

Stuff.co.nz
28 April, 2014

Let no rich man’s pastime go unfunded

Consistency is regarded by some as a hallmark of a good politician, so by this logic Economic Development Minister Steven Joyce should be commended for steadfastly fronting the government's apparent commitment to ensuring that expensive recreational pastimes get well-rewarded. The latest beneficiary of the taxpayers’ purse is the New Zealand Open pro-am, an annual golf tournament which takes place at The Hills and Millbrook course in Queenstown. Read more

Insights Newsletter
24 April, 2014

Money buys social progress

It’s tough for parties in the opposition benches. They have been stripped of a major rod with which to beat National in an election year. Read more

The National Business Review
11 April, 2014
Open for Business cover border

Open for Business: Removing the barriers to foreign investment

This is the third and final report in The New Zealand Initiative’s series on New Zealand’s global financial links. The second report in the series, Capital Doldrums, found that New Zealand stands out in international comparisons for the restrictiveness of its regulatory regime and the slump it its ranking for investment attractiveness. Read more

Dr Bryce Wilkinson ONZM
Khyaati Acharya
1 April, 2014

New Zealand's debt legacy

Fiscal surpluses are in sight, export prices are extraordinarily high relative to import prices, national income growth prospects look brighter than for many years, and this is a general election year. This sets the stage for unsustainable increases in government spending - or for tax cuts or some combination of the two. Read more

Dr Bryce Wilkinson ONZM
Stuff.co.nz
19 March, 2014

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