Housing policy: Some broader perspectives

New Zealand Business Roundtable
1 July, 1991

The New Zealand Business Roundtable has published a number of studies on various aspects of New Zealand's welfare state aimed at promoting reforms which would:

  • improve the quality, responsiveness and cost-effectiveness of social services. The real value of every dollar spent on social services, whether by individual New Zealanders directly or by the government on their behalf, could be increased by allowing greater freedom of choice in consumption and increased competition in delivery;
  • reduce the pressure of the welfare state on the government's budget. Lower government expenditure would help to reduce real interest rates, lower inflationary expectations and inflation, and lighten the tax burden. As a result, it would contribute to a sustained improvement in New Zealand's long-term economic growth rate and living standards;
  • increase the self-reliance of individual New Zealanders. Our society would be more harmonious if fewer people were trapped into dependence on the welfare state, and discouraged from building their lives with their own resources. As a result, the distribution of income in society could be a more equitable reflection of genuine need and effort.

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