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It is a mighty feat of politics that a government budget delivered well can keep commentators occupied for weeks. The Budget sets the terms of debate, pulling into sharp focus areas that receive additional funding, have had funding cut, or remain fiscally neglected by government. Read more
Wellington (1 June 2015): The Government should be commended for the introduction of a social bond in the mental health sector, as announced today by Finance Minister Bill English and Minister of Health Jonathan Coleman. It is the first of four social bonds the government aims to introduce. Read more
Begging the reader’s indulgence, please bear with me while we conduct a brief thought exercise: Imagine for a second you received a letter telling you that the Transport Authority had conducted a review of your driver’s license. The letter says that having examined your stated reason for driving, insurance claims and record on the road against the department’s official definition of a driving purpose, you have been judged unfit to drive, and your licence has been cancelled. Read more
Charities play an important role in our society, delivering a range of social services to numerous communities and causes. Their good work is recognised by the government, which confers a range of privileges to them, such as an income tax exemption, and the state also provides a significant portion of the sector’s funding. Read more
Wellington (18 May 2015): Government needs to set clearer rules, provide greater transparency and remove the tax advantage enjoyed by for-profit arms of charity groups if it wants to promote the work of the charitable sector, according to The New Zealand Initiative. The public policy think tank’s latest report, Giving Charities a Helping Hand, analysed over a decade of regulatory change in the sector, and found that the current rules are stacked against smaller operators while allowing commercial arms of large charities to claim income tax exemptions with little oversight. Read more
This report explains the concept of Social Impact Bonds (SIBs), its application worldwide, and its potential in New Zealand. SIBs are a new and innovative means of financing and delivering social services through the private sector, where the government usually only pays for what works. Read more
Wellington (13 May 2015): Ahead of next week’s budget, The New Zealand Initiative is calling on government to adopt new ways of delivering social services that increase accountability on the billions spent on these programmes. That is one of the main findings of the public policy think tank’s latest report Investing for Success: Social Impact Bonds and the future of public services. Read more
Wellington (29 April 2015): The New Zealand Initiative is calling the Productivity Commission’s draft report on effective social services a useful contribution to the debate on how government delivers more efficient services, as greater accountability is needed. Jenesa Jeram, researcher at The New Zealand Initiative said the Productivity Commission’s report showed that around $34 billion of taxpayers’ money is spent on health, education and social services per year, yet there is currently little accountability for whether these services are achieving the outcomes they are set up to achieve. Read more
With two-fifths of the country caught in the grips of it, and the rest watching with a mix of awe, jealousy and sheer horror, it is easy to forget that Auckland’s housing market is more than an exciting exhibition. Figures like those released by Barfoot & Thompson this week do little to dispel the perception that housing in the country’s biggest city is anything but a fantastic spectacle, with March sales setting new records across a range of measures. Read more
Our regular readers will not be surprised that we believe the high cost of housing is a major challenge facing New Zealanders. As a crucial election issue, we have eagerly awaited each major party’s housing announcements, hoping they will pave the way for restoring housing affordability. Read more