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Last week, the Reserve Bank of New Zealand cut the Official Cash Rate by 50 basis points to 4.25 percent. In contrast, the RBA kept Australia’s cash rate on hold at its last meeting. Read more
The tech sector’s pivot to Trump was an especially odd aspect of a decidedly odd American Presidential election. Silicon Valley’s tech sector had previously seemed populated by centrist Democrats – Peter Thiel aside. Read more
My recent report, Who Makes the Law? Reining in the Supreme Court,[i] has sparked widespread debate about judicial overreach by the Supreme Court. Read more
New Zealand is building its way out of its housing crisis. A few years ago, the island nation was synonymous with unaffordability. Read more
Last week, eleven New Zealand economists issued a public letter advocating more government spending relative to revenue. That means yet more debt. Read more
New Zealand introduced a comprehensive GST in 1986. Value-added taxes elsewhere were riddled with politically-driven exemptions. Read more
In this podcast episode, Eric and Bryce discuss the history of regulatory reform efforts in New Zealand since 2001, focusing on the development of the Regulatory Standards Bill and its original mechanism of court declarations of inconsistency. They explore how diminished trust in courts' interpretations of laws has complicated this approach today, while also examining why past attempts to ensure good regulatory quality have faced challenges. Read more
You can learn a lot about a household’s priorities, or an agency’s priorities, when budgets tighten. For the past few months, we have heard a lot about how the health system has been cut to the bone. Read more
On NBR, Dr Eric Crampton and Dr Ganesh Nana presented opposing views on New Zealand's economic direction and government spending. While Nana argued for increased public investment in infrastructure and services to build long-term economic resilience, Crampton advocated for fiscal restraint and maintaining lower debt levels to preserve borrowing capacity for future crises. Read more
Imagine sitting at the kitchen table, surrounded by bills and bank statements. Your household expenses have spiralled out of control over the past five years, rising by nearly 160% while your income grew by only 142%. Read more