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
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
Budget day2

What does the minimum wage increase mean for the economy?

New Zealand workers on the minimum wage are set for a significant pay rise.The Government has announced it will increase the minimum wage to $17.70 an hour on April 1, with further increases to take it to $20 by 2021.Eric Crampton discusses on Mike Hosking Breakfast what the minimum wage increase means for our economy. Read more

Dr Eric Crampton
Newstalk ZB - Mike Hosking Breakfast
20 December, 2018
Radio3

Making our superannuation fairer

Jenesa Jeram talks to Jim Mora about her new report on NZ Superannuation, stating that our pension age needs to rise and it should be linked to health expectancy. The report points out that New Zealand is one of the few countries that has a non-means-tested pension. We'll be living longer and retiring later so the system will need to change soon, the report suggests. Read more

Jenesa Jeram
Radio NZ - The Panel
6 December, 2018

Media release: NZ Super affordable, but pension age should rise

Wellington (4 December 2018): New Zealand’s universal pension system is worth celebrating but could do with small tweaks to the model as the population ages, finds a new report titled Embracing a Super model: The superannuation sky is not falling, which was released by think tank The New Zealand Initiative. The pension age must rise and be linked to health expectancy, recommends Research Fellow Jenesa Jeram, to maintain a relevant relationship between retirement and receipt of superannuation. Read more

Media release
4 December, 2018
Jenesa on The AM Show

Jenesa Jeram on The AM Show

Jenesa Jeram discusses on The AM Show our new report Embracing a Super model: The superannuation sky is not falling.The report finds that New Zealand’s universal pension system is relatively affordable but could do with small tweaks as the population ages. Jenesa recommends that the pension age must rise and be linked to health expectancy. Read more

Jenesa Jeram
The AM Show
4 December, 2018
Radio2

Are our tax dollars being well spent?

Our new report Fit for Purpose? Are Kiwis getting the government they pay for? looks into whether taxpayers are getting value for the tax dollars spent. It also compares productivity to how much money the government spends on core sectors such as education and health. Wallace Chapman interviews author Bryce Wilkinson about these and other findings in his report. Read more

Dr Bryce Wilkinson
Radio NZ - Sunday Morning
30 September, 2018

Media release: Fair Pay Agreements too risky to rush

Wellington (21 September 2018): The New Zealand Initiative warned today that government must heed Treasury’s warnings about rushing Fair Pay Agreements. This week, Treasury released its advice about the upcoming Cabinet Paper proposing Fair Pay Agreements. Treasury warns that the Cabinet paper provides no evidence that industry- or occupation-wide bargaining could solve problems identified in the Cabinet paper. It also warns that other countries’ experiences point to substantial potential problems: low-skilled workers can be hurt, as can small and new... Read more

Media release
21 September, 2018

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