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Media release: OECD housing alarm must be heeded

Wellington (10 June 2015): The OECD’s recent report on New Zealand has highlighted the urgent need to untangle the Resource Management Act (RMA), which has snared the housing marketing in a spiral of ever-rising prices, according to The New Zealand Initiative. The public policy think tank said the findings of the bi-annual report resonated with much of its own research, particularly where zoning regulations have constrained the supply of new houses and pushed up prices. Read more

10 June, 2015

Green economy needs minerals

Serial entrepreneur and visionary Elon Musk last week introduced the first truly disruptive technology in the domestic electricity markets since, well, the lightbulb. He unveiled the Powerwall, which is a simple idea: use a lithium-ion battery to store energy when electricity is cheap and then use the stored power when prices are high. Read more

The National Business Review
8 May, 2015

Housing should tackle poverty

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

The National Business Review
10 April, 2015

Economically Speaking: Public Works Act good, RMA bad

Your property rights count for very little under the Resource Management Act 1991 (RMA), yet they count for a great deal under New Zealand’s Public Works Acts (PWA) that date back to the 19th century. If the government dictates the future use of your land under the PWA ,you are entitled to compensation but not if it does so under the RMA. Read more

Dr Bryce Wilkinson ONZM

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The National Business Review
27 March, 2015
Red Tape cover border

From Red Tape to Green Gold

This is the second and final report in The New Zealand Initiative’s series on the mineral estate and the regulatory landscape that surrounds it. The first report, Poverty of Wealth, examined the situation where rural economies, under pressure from ongoing urbanisation and increased global competition, have largely failed to exploit the mineral wealth at their disposal as a means of stemming this decline. Read more

23 March, 2015

Media release: Central government is the RMA’s weakest link

Wellington (23 March 2015): Central government needs to fulfil its long-neglected Resource Management Act obligations if it wants to boost mining activity and free communities from the stifling regulations that are choking off economic development in the rural regions. That is the main finding of From Red Tape to Green Gold, the second report in a two-part series by public policy think tank The New Zealand Initiative, which examines how regulation has prevented almost any form of mineral development in a country that ranks among the richest in the world on measures of resource endowment. Read more

23 March, 2015

RMA reform bigger than Northland

In just over a week’s time we will find out whether all the work that Environment Minister Nick Smith and his team have put into the latest round of Resource Management Act (RMA) reforms will ever see the light of day. That is when voters in Northland will decide whether to let the National Party maintain its effective majority in Parliament or opt for a bit of something different in the form of Winston Peters and New Zealand First. Read more

The National Business Review
20 March, 2015

The RMA is central to the housing crisis

The recent announcements by Minister for the Environment Nick Smith that the Resource Management Act (RMA) is set to undergo a major overhaul is welcome news, representing the first meaningful policy change aimed at tackling the housing affordability crisis gripping New Zealand’s biggest cities. Although the detail on the changes has yet to be seen, the direction is promising as the RMA has long served as grit in the gears of the housing market, restricting sub-divisions, slowing the build rate, entrenching NIMBYism, while allowing fast growing councils to use it as an excuse to stall development and growth planning. Read more

Interest.co.nz
17 February, 2015

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