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Media Release: The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?

Wellington (Thursday, 14 March 2024) - A new research note by The New Zealand Initiative is questioning how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). The research note, “The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?” highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more

Dr Bryce Wilkinson ONZM
14 March, 2024
policy point fast track

Policy Point: Fast-Track Approvals Bill

On 7 March 2024, the Coalition Government introduced a Fast-Track Approvals Bill. Its purpose is to ‘provide a streamlined decision-making process to facilitate the delivery of infrastructure and development projects with significant regional or national benefits’.1 The Bill is a key aspect of the Government’s programme for Resource Management Act (RMA) Reform.2 It is part of the National and New Zealand First coalition agreement and a key component of the Government’s 100-Day Plan. Read more

Policy Point
13 March, 2024

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