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Successful economies have low unemployment. However, these are no ordinary times, and New Zealand’s ultra-low unemployment rate of 3.2% should worry everyone. Read more
Last week, Inland Revenue Minister David Parker gave a speech titled “shining the light on unfairness in the tax system”. His speech defended an Inland Revenue investigation into the “tax paid by the wealthiest New Zealanders relative to their economic income”. Read more
Several large companies recently received hefty government handouts to install new boilers and heaters. This was all under the guise of decarbonisation, using money earmarked for the country’s Covid recovery. Read more
If only the Government’s public relations staff were as good as Lotto New Zealand’s. Twice each week, Lotto asks us to imagine those millions of dollars coming our way in the Powerball draw. Read more
Revolutionary economic policies used to be reserved for centre-right politicians. The Zeitgeist was best expressed by Ronald Reagan: “We've gone astray from first principles. Read more
Governments like scapegoats. A good scapegoat can take the blame for something that is a government’s fault. Read more
There is potential value in having a country’s economic policies reviewed by international organisations. Done well, they provide residents with non-partisan expert perspectives. Read more
Newstalk ZB’s Mike Hosking summarises the findings of our latest cost-of-living research, The rising cost of living for Kiwis.
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Kiwi households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem. Matt Burgess talks to Oliver Hartwich about his latest research note. Read more
As the saying goes, everything in fashion eventually returns. And so it seems in the economy. Read more