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“New Zealand is the best country on Planet Earth,” Christopher Luxon keeps telling anyone. Indeed, he has been saying this since before becoming Prime Minister. Read more
This report shows the government owns $571 billion in assets - equivalent to $275,000 for every Kiwi household. "The returns from these government-owned assets don't even cover the interest costs on the money borrowed to buy them," says Dr Bryce Wilkinson, author of The People's Portfolio: A $571 Billion Question. Read more
Wellington (Tuesday, 25 February 2025) - A new report by The New Zealand Initiative shows the government owns $571 billion in assets - equivalent to $275,000 for every Kiwi household. "The returns from these government-owned assets don't even cover the interest costs on the money borrowed to buy them," says Dr Bryce Wilkinson, author of The People's Portfolio: A $571 Billion Question. Read more
Everybody knows the dice are loaded. At least according to Canadian policy analyst Leonard Cohen. Read more
The government has made increased competition a highlight of its economic growth agenda. So, one might have hoped that a targeted review of the Commerce Act would aim at the big problems blocking open and competitive markets. Read more
Ryan Bridge on Newstalk ZB highlights the New Zealand Initiative's report on government bureaucracy, which reveals that Aotearoa has 44 per cent more ministers, nearly triple the portfolios, and one and a half times more departments compared to similar nations. Bridge uses Ireland as a key comparison, emphasising how they manage with just 15 ministers and 18 departments, while questioning why New Zealand needs 78 portfolios and 40 agencies to function effectively. Read more
It’s fair to say that economists like competition. It’s also fair to say that, when politicians start talking about competition, economists ought to get a little bit nervous. Read more
If you’re reading this in print with your morning coffee, you’re probably not among the terminally online. For those who are among the terminally online, always hooked into what’s going on on Twitter and elsewhere, there’s probably no need to explain the vibes, or the shift in vibes. Read more
Misinformation about the pending Regulatory Standards Bill is rife. Currently, there is no Bill, only a departmental discussion document. Read more
When Newsroom’s editor Jonathan Milne invited me to write one of two special pieces for the summer break, I faced quite the conundrum. My options were to review a work of non-fiction or write a column about hope and optimism for 2025. Read more