People crowd

As Kiwi as pavlova

“Few ways are guaranteed to make yourself unpopular in New Zealand: try claiming that pavlova was an Australian invention; hating the All Blacks; or maybe expressing sympathy for local government.” This is the opening paragraph in our new publication #localismNZ: Bringing power to the people. We launched it yesterday at a joint symposium with Local Government New Zealand. However, we may have been too quick to assume that New Zealanders are passionately opposed to local government. Read more

Dr Oliver Hartwich
Insights Newsletter
1 March, 2019
Work

A missed opportunity on productivity

The jury is out for the released Tax Working Group’s “Future of Tax” Report, with the government promising to deliver its verdict in April.Unfortunately, a careful reading of the 200-page document already shows a missed opportunity to address New Zealand’s biggest elephant in the room: slow productivity growth.Worse, the document’s main recommendation of taxing capital gains will do little – if not work against – to fix our low capital stock levels that drive the productivity problem.To be fair, the... Read more

Dr Patrick Carvalho
Insights Newsletter
1 March, 2019
Newspaper

News that isn’t news

Scroll down your news feed, what do you see? Trump’s latest dumb tweet, an update on the crisis in Venezuela, maybe something on Brexit? Unless you’re on the Economist, probably not. If you jump on any mainstream news website, you’re more likely to see something about the latest drama on Married at First Sight (MAFS), unruly tourists, or the latest limited-edition Cadbury or Whittaker’s chocolate bar. Read more

Joel Hernandez
Insights Newsletter
1 March, 2019
Taranaki

No time is money

As if to squeeze the most out of the short parliamentary term, the Government has been busy with a flurry of initiatives. Such a hurry can be costly. Of all the Government’s decisions, the oil and gas exploration ban was the most surprising. With no prior consultation, it announced the decision in April 2018 to show resolve on climate change. Almost a year later, an NZIER study reveals the staggering costs of this ad hoc decision. Read more

Dr Oliver Hartwich
Insights Newsletter
22 February, 2019
Housing money3

Much pain and little gain of a broad CGT

The Tax Working Group released this week its much-anticipated “Future of Tax” report, which recommends introducing a broad-based taxation of capital gains at full income rates. As proposed, the 33% headline rate would be one of the highest among industrialised economies. And given New Zealand’s recognisably low income tax thresholds by international standards, a new CGT would disproportionally hit middle-income earners already struggling to invest for retirement. Read more

Dr Patrick Carvalho
Insights Newsletter
22 February, 2019
Kettle

Pot calling the kettle black?

Canadian psychologist Dr Jordan Peterson has a lot to answer for. At least he does according to Auckland Peace Action spokesman Iris Krzyzosiak. According to Krzyzosia, Peterson “threatens everything of value in our society.” Levelled against a professor at a mainstream university, that is quite some claim.Yet you would not have guessed this from the crowds attending his lectures around New Zealand this week. Those lining-up looked distinctly respectable. Men and women, young and old, with a diverse ethnic mix. Read more

Roger Partridge
Insights Newsletter
22 February, 2019
Vote

Share the data

Only the officials at Inland Revenue know why they commissioned a poll on Kiwis’ attitudes to tax that included questions about the respondents’ general political orientation. Releasing the polling data should be part of fixing any perceived problems. Read more

Dr Eric Crampton
Insights Newsletter
15 February, 2019

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