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As the saying goes, everything in fashion eventually returns. And so it seems in the economy. Read more
Kiwis households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem. The rising cost of living for Kiwis, shows New Zealand has the second-highest inflation rate among our major trading partners, besides the USA, and this is plausibly the result of excessive government stimulus. Read more
Wellington (Thursday, 24 March 2022) – Kiwis households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem, according to new research from The New Zealand Initiative. The rising cost of living for Kiwis, shows New Zealand has the second-highest inflation rate among our major trading partners, besides the USA, and this is plausibly the result of excessive government stimulus. Read more
Matt Burgess discusses his latest report with Mike Hosking, NewstalkZB about why further climate change action from the government is not needed and won't help. Matt report Pretence of Necessity can be read here. Read more
Regulation often does more to help regulated industries than to protect either consumers or the country at large. Rules imposing costs on an entire industry can benefit large players at the expense of smaller businesses or new entrants. Read more
Carbon prices are the best way of getting us to Net Zero. The Emissions Trading Scheme can get the job done if the government lets it. Read more
Double jeopardy is a defence that prevents a person being tried twice for the same offence. Unfortunately for the Government, the defence is not available for bad public policy decisions. Read more
Eric Crampton talks to Kate Hawkesby on NewstalkZB Early Edition about whether the Government's fuel discount will help those dealing with increases to the cost of living. Read more
Russia’s invasion of Ukraine combined with a global pandemic and a Reserve Bank that has forgotten its core inflation mandate do not make a case for cutting petrol excise and road user charges. And yet, here we are. Read more
The future is notoriously hard to forecast. Just dial the clock back two years and try finding an expert predicting a year after the start of the pandemic that New Zealand would be suffering labour shortages. Read more