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Wellington, 16 March 2020 - The New Zealand Initiative welcomes the Reserve Bank of New Zealand’s move to cut interest rates and suspend the tightening of bank capital requirements. However, the Initiative’s Chief Economist Dr Eric Crampton warns that more will be necessary. Read more
What happened in Italy this week could tempt us to feel smug. Surely, the decision to put the whole country into lockdown must be an exaggeration. Read more
Some of us have been training for a scenario like this our entire lives! Coronavirus has hit and in the early public reaction to the outbreak, there are already talks of a possible nation-wide quarantine or “self-isolation” policy. Read more
There is no doubt that COVID-19 will impact global economies. The Project has asked some of the country’s smartest financial experts, including our Chief Economist Eric Crampton, for their advice on how people can keep their money safe. Read more
The government has crossed a bright-line rule in its proposed changes to Kiwisaver. Its proposal to require default funds to divest of any fossil fuel stocks is incredibly unlikely to have any direct effect on greenhouse gas emissions. Read more
A paradox exists within the personal grievance provisions of the Employment Relations Act 2000. By prohibiting “unjustified dismissal,” the provisions were designed to guard the jobs of ordinary workers. Read more
New Zealand isn’t the only country pondering if, in today’s world, the most dangerous thing of all is that almost everything is made in China. From low-cost manufactured goods and novel coronaviruses, to university budgets and a fair chunk of New Zealand’s gross domestic product, China is responsible for an outsized slice of the Kiwi pie. Read more
Solving New Zealand’s housing crisis is hard. Writing good policy reports is too. Read more
In this week’s New Zealand Initiative podcast, chief editor Nathan Smith is joined by chief economist Eric Crampton who answers a handful of questions about why he chose to become an economist, what keeps him motivated and what titans of the field have inspired him over the years. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
It is about time Workplace Relations Minister Iain Lees-Galloway investigates one of the more egregious employment rorts out there. An employer – and not an obscure one – pays far less than the minimum wage. Read more