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In late May, Budget 2021 revealed that work was underway to develop an unemployment insurance scheme. This would see benefits tied to past employment and wages in some way. Read more
Oliver Hartwich and Matt Burgess discuss the Commerce Commissions market study on supermarket competition. What are the barriers to competitors entering the market, and is the number of competitors a real indication of price competition? Read more
KiwiBuild never made any sense and could not work. The reason was simple. Read more
A 500-gram punnet of grapes: $1.89. A 2 litre bottle of Coca-Cola: also $1.89. Read more
The Climate Change Commission believes the ETS is not enough. But not enough for what? Read more
If you're going to read the Commerce Commission's market study on supermarkets in New Zealand, I'd suggest starting with the first half of Chapter 6 which explains the difficulties facing any potential new entrant. As far as I'm concerned, evidence on margins and such really don't mean much unless there are substantial restrictions against new entry. Read more
About a year ago, North American friends started looking to New Zealand as an early glimpse of their own potential post-Covid world. They were still stuck in lockdowns; we had emerged from ours. Read more
Two cars pull up to a traffic light. One is a farmer in his trusty ute. Read more
Last week's protests by farmers show it is only a matter of time until the Government's punitive approach on emissions will fail. With each new policy the Government is burning political capital at a faster rate than it is cutting emissions. Read more
When opposition parties produce policy documents, they can be overly simplistic and populist. They can be unrealistic because they do not have to be implemented straight away. Read more