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A long queue of people form a circle. Each has a coin purse slung over a shoulder. Read more
Inflation in New Zealand has been on the rise (7.3 percent last quarter) as have the attempts to explain it. The RBNZ points to strong global economic activity, supply disruptions, and the Ukraine war. Read more
New Zealand’s economic and social decline is slowly receiving greater recognition amongst journalists and commentators. The litany of woes is daunting. Read more
Dr Oliver Hartwich appears on The Bolt Report, Sky News, to discuss the bleak economic outlook for New Zealand. Read more
On Sunday, the government announced an extension of the petrol excise and Road User Charge holiday, as well as half-price public transport, until the end of the year. The Beehive’s press release said that the move would reduce headline inflation by 0.5 percentage points. Read more
We can reasonably expect New Zealand’s economy to enter recession after the Reserve Bank raised its Official Cash Rate again by 50 basis points. No one likes being in recession, but current circumstances make it almost desirable. Read more
When expectations are low it is easy to be pleasantly surprised. Back in the 1980s, a school teacher once told me of a spontaneous surge of gratitude he had experienced towards a wayward pupil that morning. Read more
The economists descended on Wellington last week. Or, at least, many shuffled their way from the Ministries over to Victoria University to meet with academics from across the country for the annual three-day conference of the New Zealand Association of Economists. Read more
Dr Oliver Hartwich chats with Dr John McDermott, Executive Director of Motu and former Assistant Governor and Chief Economist at the Reserve Bank of New Zealand about monetary policy in New Zealand, the overhang of monetary stimulus from the last few years, and what will happen if we don't wind this back. To read the transcript click here. Read more
In this week's podcast Dr Oliver Hartwich chats with Dr John McDermott, Executive Director of Motu and former Assistant Governor and Chief Economist at the Reserve Bank of New Zealand about monetary policy in New Zealand, the overhang of monetary stimulus from the last few years, and what will happen if we don't wind this back. OLIVER HARTWICH 0:05 Hello and welcome to the New Zealand Initiative’s Podcast. Read more