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There’s a lot to like in Local Government New Zealand’s report on local government finances. The report gets one very important thing right: It’s time that central government moved to tie local government finances more closely to local government performance to encourage development. Read more
Before Christmas, The Dominion Post asked why public sector pay “hardly ever come[s] down” and whether it has to follow international and corporate trends. It is a reasonable concern, especially for taxpayers who ultimately foot the salary, but is it as simple as the numbers suggest? Read more
Having become leader only a couple of months ago, there were great expectations for Andrew Little to spell out what Labour would focus on under his watch. He delivered in his ‘State of the Nation’ speech. Read more
There is nothing like a Kiwi summer to make you proud to be a New Zealander - from our pristine beaches, to our acres of green pastures, to the great sense of community that naturally forms in holiday parks and campgrounds across the country. There is something special about this land and its people that many of us feel is worth preserving. Read more
The contentious debate over foreign ownership has been heartily reignited, subsequent to Labour MP Stuart Nash questioning whether foreign investors are really adding value to the country. He has described the selling off of productive land to foreign investors who repatriate the profits overseas as a “dead end street” and is demanding greater transparency in the approval process of foreign investment applications. Read more
Ending the Swiss franc’s peg to the euro surprised market participants, analysts and commentators alike, including this writer. Unlike the introduction of the euro peg in 2011, which was flagged beforehand, the end of the measure was prepared in secret. Read more
People have a bad habit of wanting to tell stories about random low-probability events. Whether it's a few dog attacks that happened in the same couple of weeks, or a blip in youth drinking rates, people want to know why. Read more
Usually, we call things stable when they do not change and unstable if they do. Apparently this is not the case in monetary policy. Read more
We should not pay through the roof for small safety benefits, argues Bryce Wilkinson How would you react to being told that government regulations have added 50 percent to the cost of replacing a tin roof on a house? I ask because a long-standing professional builder told me in a chance encounter shortly before Christmas that scaffolding requirements under the Health and Safety in Employment Act 1992 mean that a small re-roofing job that would have otherwise cost $4,000 may now cost $6,000. Read more
In my last column of 2014, I wrote that European leaders usually pick the least appealing policy option and still manage to make it worse (A Greek olive branch for Steve Keen, 18 December). Maybe that was a premature assessment. Read more