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When presenting Budget 2021 in May, Finance Minister Grant Robertson announced that an unemployment insurance (UI) scheme was being developed for New Zealand. Prior to this, the Productivity Commission had considered UI as part of its inquiry into technological change and the future of work, as had the Ministry of Business Innovation and Employment (MBIE). Read more
New Zealand must prepare for next global financial crisis New Zealand’s economy suffered less damage from the pandemic than analysts expected. But new research warns, however, that just as we are emerging from the COVID-19, a new crisis is already on the horizon. Read more
The Initiative has followed Covid policy closely since early 2020. We have published several reports and briefing notes on Covid policy; that work has included discussion of Covid testing and policy related to it. Read more
Until August 2021, New Zealand laudably maintained elimination. Elimination was fragile. Read more
Closing his 2020 Budget speech, Finance Minister Grant Robertson looked back to the First and Fourth Labour governments for lessons on how to tackle New Zealand’s current economic challenges. His first history lesson was that the way forward today lay in the “great traditions of the First Labour Government” (1935–49) that “rebuilt New Zealand after the Great Depression” under Prime Minister Michael Joseph Savage. Read more
The New Zealand Initiative supports the government’s emissions targets, including commitments under the Paris Climate Agreement and to net zero emissions of long-lived greenhouse gases from 2050. We consider the New Zealand Emissions Trading Scheme (“ETS”) is among the world’s leading cap-and-trade systems for reducing greenhouse gases. Read more
This submission in response to the Commerce Commission’s (Commission) Market study into the retail grocery sector draft report, is made by The New Zealand Initiative (the Initiative), a think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
Providing future generations with rivers and aquifers at least as clean as our generation found them requires durable freshwater management systems that can stand the test of time. Regulatory measures can improve outcomes for now. Read more
Last week, on Monday 9 August, very cold weather over most of the country meant national electricity demand reached a record high. About 35,000 consumers (1.75% of consumers) experienced power outages between 7 – 9 pm. Read more
In our submission to the Ministry of Transport on transport emissions - pathways to net zero by 2050, we support the commitment to lower emissions and our national emissions targets. MoT’s strategy to reduce transport emissions is incompatible with national targets. Read more