Last week, Sir Bill English told RNZ that New Zealand has reached “amazing, almost bipartisan” agreement on housing. Coincidentally, we recorded Part 2 of our Competitive Urban Land Markets podcast around the same time with former Housing Minister Phil Twyford. Read more
When everything had gone wrong and Homer Simpson couldn’t afford Christmas presents for the family, he took a punt. He went to the dog track and bet on a promisingly named greyhound: Santa’s Little Helper. Read more
This week, Commissioner Richard Chambers announced new targets for trust and confidence in police. They will mean little if the organisation continues to treat deliberate dishonesty as a minor employment matter. Read more
This episode traces how Competitive Urban Land Markets (CLM) made the leap from dissident economic insight to the organising principle of New Zealand's housing reform agenda. Phil Twyford reflects on his time as an Opposition MP, where he absorbed CLM's logic, underwent an intellectual shift inside Labour, and worked with a small circle of economists to translate competition and abundance into a language government could act upon. Read more
Last year, Inland Revenue wrote off $694.5 million in company tax debt. Much will never be recovered because the companies that owed it no longer exist – at least not in their original form. Read more
In this episode, Eric talks to Oliver about a major loophole in New Zealand's tax system that allows some companies to accumulate PAYE and GST debts, stop filing, and effectively walk away — contributing to almost $7 billion in unpaid corporate taxes. They discuss Oliver's new research note, "Responsibility before ruin: A pre-emptive fix for NZ's phoenix problem", which examines how Germany prevents such debts from building up through automatic insolvency triggers. Read more
Every year, Inland Revenue writes off hundreds of millions in tax debt – $694.5 million last year alone. The money vanishes through the same predictable loopholes, exploited by the same cast of characters: directors who accumulate GST and PAYE debts, then walk away scot-free by abandoning their companies. Read more
Walk through Wellington, and you will see plenty of empty shopfronts and shuttered cafes. Switch on the radio, and you will hear experts say this is the best time to buy a house in years. Read more
Dr Oliver Hartwich talked to Newstalk ZB on the corporate tax debt loophole that sees IRD writing off hundreds of millions of dollars annually due to the "Phoenix problem," where companies dissolve and reform under new names. Dr Hartwich highlighted Germany's solution, where directors face personal liability for tax debts if they fail to pay within 20 days or file for insolvency. Read more
A new approach to director accountability could prevent hundreds of millions of dollars in tax debt from becoming unrecoverable by requiring directors to act early when financial distress emerges. The research note, 'Responsibility before ruin: A pre-emptive fix for NZ's phoenix problem', addresses companies that accumulate large tax debts before dissolving, sometimes only to restart under a new name. Read more
Wellington (Tuesday, 2 December 2025) - A new approach to director accountability could prevent hundreds of millions of dollars in tax debt from becoming unrecoverable by requiring directors to act early when financial distress emerges, according to a research note from The New Zealand Initiative. The research note, 'Responsibility before ruin: A pre-emptive fix for NZ's phoenix problem', addresses companies that accumulate large tax debts before dissolving, sometimes only to restart under a new name. Read more
Damien Grant isn’t normally the one making the case that the government needs to take more in tax. The liquidator and libertarian-minded columnist over at the Sunday Star Times more typically wants what libertarians generally want – a government that spends less and that can let each of us keep more of our own money. Read more
When plans to abolish regional councils were first rumoured, I was more than mildly sceptical. It isn’t that I’m a giant fan of regional councils; I couldn’t name more than a couple of my own regional councillors, and I bet most of you can’t either. Read more
The Economist, not known for hysteria, has quietly announced that advanced economies are halving their populations every generation. A demographic magic trick. Read more
If you enjoyed Fifty Shades of Grey (either the book or the movie), there’s no guarantee that you will enjoy Fifty Shades of Grades, the research note on grade distribution at New Zealand universities that I released earlier this week. Still, I like to think that the latter has enough titillating detail, spanking new analysis, and breath-taking climaxes (if only of series of data) to satisfy most readers. Read more
