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The Reserve Bank of New Zealand should suspend its decision to increase banks’ capital and re-open the public consultation process says public policy think tank, The New Zealand Initiative. The RBNZ’s decision to increase the capital banks are required to hold will have adverse effects for borrowers and the wider economy. Read more
Despite what Education Minister Chris Hipkins would have us believe, you cannot simply google everything. Technology has undoubtedly transformed our ability to access information, but despite what Hipkins told Newshub, memory still matters. Read more
Ever since the OECD began testing the educational performance of 15-year olds in the early 2000s, New Zealand has performed progressively worse in all three assessed areas of reading, maths and science. The troubling trajectory was confirmed again with the release of the results of the OECD's 2018 Programme for International Student Assessment (PISA) testing round. Read more
Moving to New Zealand in 2003 was a bit like stepping into an underpowered time machine. The new-release movies in theatre were ones that had hit the big screen in the US months earlier. Read more
Confirmation came today that New Zealand’s once world-leading school system continues its steady decline. Ever since the OECD began testing the educational performance of 15-year olds in the early 2000s, New Zealand has performed progressively worse in all three assessed areas of reading, maths and science. Read more
The Ministry of Business’ Fair Pay Agreement discussion paper released last month took a long time coming. The ministry sat on it for 10 months following the release of the Bolger-led Fair Pay Agreement Working Group’s report last December. Read more
When the government presses ahead with incomprehensible proposals, you have to ask “Why?” A classic example is the Ministry of Business, Innovation and Employment’s Discussion Paper, Designing a Fair Pay Agreements System. Submissions in response to the Discussion Paper were due earlier this week. Read more
On Monday, Lawyers for Climate Action (LfCA) launched in the New Zealand Parliament. It was the silk-wearing equivalent of protesting school children. Read more
This week, opposition leader Simon Bridges announced he would introduce an elite anti-gang task force if elected. Loosely modelled on Australia’s Strike Force Raptor, such a policy may be appropriate on the other side of the ditch. Read more
The Government must halt its plans to introduce fair pay agreements or face harming workers, consumers, the unemployed and the wider economy says public policy think tank, The New Zealand Initiative. The Initiative’s submission in response to the Ministry of Business, Innovation & Employment’s October 2019 Discussion Paper reveals that the premises on which the fair pay agreement proposals are based remain deeply flawed. Read more