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Fair risks? Well, the government won’t be able to say it wasn’t warned about the risks in its fair pay agreements process. Read more

The hills were not alive with the sound of music last Thursday. That is when British Prime Minister Theresa May met with the European Union’s 27 other national leaders in the Austrian city of Salzburg. Read more

Governments spend money irresponsibly when they don’t care much whether the wellbeing outcomes for New Zealanders justify the amount being spent. This is happening on a grand scale. Read more

Yesterday, the government released the Tax Working Group’s interim report. As foreshadowed, the Group was coy about what it will recommend in December. Read more

You can’t get more lavish than washing down some white gold caviar with Moet champagne while partying on top of the Marina Bay Sands in Singapore. That’s how the rich and famous celebrated in Crazy Rich Asians, the latest blockbuster to hit theatres. Read more

New Zealand is a high-tax country compared to prosperous non-European countries but much of the money appears ill spent. One example of poor outcomes is government spending of about $130,000 to educate an average school pupil to age 15. Read more

Treasury’s latest stakeholder survey shows that I’m far from the only one worried about declining economic capabilities at the Government’s lead economics advisor. Keeping all the stakeholders happy is an impossible task for any organisation. Read more

The Tax Working Group's interim report released on Thursday rightly disposes of some unworthy proposals but confounds some others, particularly the capital gains issue. My list in the former category includes its position on tax and housing affordability, GST exemptions, and progressive company tax rates. Read more