Cash

Is the $70,000 benchmark for 'high earning’ still acceptable?

New Zealand's tax brackets don't accurately reflect what counts as "high earning" in this country, critics say.Since 2008, the highest personal income tax rate has kicked in on earnings over $70,000 a year. Compare that to Australia, where the highest tax rate of 45 percent takes effect on income of $180,000 a year or more.Eric Crampton tells Mike Yardley on Newstalk ZB why he doesn’t think the $70,000 threshold is still acceptable. Read more

Dr Eric Crampton
Mike Hosking Breakfast - Newstalk ZB
28 January, 2019
Reports

The poverty of inequality reports

Everything has its season. The slow January news period brings Oxfam’s annual condemnation of wealth inequality and calls for redistribution. And every January, economists go through their figures to show that, once again, Oxfam has played fast and loose with the numbers. Oxfam combined Credit Suisse data on the decline in wealth for New Zealand’s least wealthy with Forbes data on the only two Kiwis who made it onto the Forbes list of billionaires. Read more

Dr Eric Crampton
Insights Newsletter
25 January, 2019
Construction worker

The pretentious nonsense that is KiwiBuild

KiwiBuild – the government programme to build or deliver 100,000 homes in 10 years – serves no useful public interest purpose and promises to endlessly distract and embarrass the government. That is the signal conclusion of KiwiBuild: Twyford’s Tar Baby, a research note released this week by The New Zealand Initiative. The programme does not directly help those on low incomes; only the relatively well-off can afford KiwiBuild homes. To subsidise such people would be unfair. Read more

Dr Bryce Wilkinson
Insights Newsletter
25 January, 2019
Shake hands

Kia Ora New Zealand

Being the most recent addition to the New Zealand Initiative research team, I would like to briefly introduce myself. My name is Patrick – also known more commonly in some social interactions as the “Father of Liz” or the “Husband of Julia”. I am originally from Brazil but have also lived and worked in Australia and the United States. From a public policy perspective, I have been fortunate enough to closely examine a range of social experiments in different societies... Read more

Dr Patrick Carvalho
Insights Newsletter
25 January, 2019
balance

"Business groups ignored in fair pay taskforce"

A panel - chaired by the former National Prime Minister Jim Bolger - has made recommendations to the government on how best to set up Fair Pay Agreements that would set minimum terms and conditions for all workers in the same sector or occupation in a bid to stop a slide in pay.The report has yet to be made public, but the National Party has been told some of the recommendations - chiefly that a fair pay negotiation could be... Read more

Dr Oliver Hartwich
Radio NZ
25 January, 2019

Media release: Decisive action on red tape – not KiwiBuild – is the answer to New Zealand’s housing affordability problem

Wellington (22 January 2019): Decisive government action to free up the supply of land for housing and to reduce construction costs across the board is the only viable remedy for New Zealand’s housing affordability problem.KiwiBuild – the government programme to build or deliver 100,000 homes in 10 years ­– is a massive distraction from fixing the housing problem, according to a new research report, KiwiBuild: Twyford’s Tar Baby, released today by The New Zealand Initiative.“The simple fact is that government... Read more

Media release
22 January, 2019
Brexit

Ardern and May's post-Brexit trade agreement talks

With Jacinda Ardern meeting with British Prime Minister Theresa May to discuss trade agreements, Dr Oliver Hartwich speaks to Newstalk ZB and says this is an important chance to discuss our post-Brexit trading relationship and a good opportunity to remind the Brits that there are other countries who would like to trade with Britain. Read more

Dr Oliver Hartwich
Newstalk ZB
21 January, 2019

2018 Insights

Insights 48/December 21: Time to un-Grinch Insights 47/December 14: Centralism attacks Tomorrow’s Schools | Data driving education | Our inner animal Insights 46/December 7: Super model needs face-lift | Let us help | Final frontier of self-determination Insights 45/November 30: Having your housing cake | Vapers in the cold | War of Gondorean aggression Insights 44/November 23: Survive the conversation | Foreign investor farce | Destroy the town to save it Insights 43/November 16: Financial innovation beats Kiwibuild | Identity... Read more

4 January, 2019

Stay in the loop: Subscribe to updates