“New Zealand's resource management system is broken”, said Nick Clark, author of The New Zealand Initiative’s new research note RMA Reform: Getting the new system right. “Many attempts have been made over the past three decades to fix it. Read more
2025 marked a turning point for The New Zealand Initiative’s mission to build a more prosperous country. Ideas we have championed for years moved from research papers into the Government’s reform programme. Read more
Friction, at least as a metaphor for real-world inconveniences and minor hassles in doing things, is usually viewed as a bad thing. Something best done away with, if possible. Read more
There is an old joke about a man who visits his doctor complaining of fatigue. The doctor prescribes a course of vitamins and tells him to come back in a month. Read more
| GDP Quarterly Change: | 0.71% |
|---|---|
| Inflation: | 2.73% |
| Optimal OCR: | 2.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | 0.00% |