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Media release: Incomes report demonstrates housing crisis

The Ministry of Social Development’s (MSD) Household Incomesreport demonstrates the critical importance of solving New Zealand’s housing shortage.The MSD’s report demonstrates that real incomes have increased in New Zealand, and that this increase in real incomes is broadly shared across different parts of the income distribution. Since 1993, income growth for those at the twentieth percentile has been identical to income growth at the middle, and income growth at the ninetieth percentile.The report also contrasts New Zealand’s performance with that in... Read more

Media release
25 July, 2017
water ocean

Can the water management work of Raffensperger & Milke provide the basis for substantial change in NZ

Peter Jackson took a few liberties with Tolkien’s text for the Lord of the Rings films. Most of them, I didn’t like. But one addition I rather liked came at the start. Frodo complained that Gandalf had arrived late, and Gandalf replied that a wizard is never late – nor is he early. He arrives precisely when he means to. Read more

Dr Eric Crampton
Interest.co.nz
25 July, 2017
Houses3

MEDIA RELEASE: A breakthrough for housing affordability

Wellington (23 July 2017): The New Zealand Initiative congratulates the Government on its new mechanism for delivering local infrastructure – not least because it follows a recommendation the Initiative first made in 2013. The Government has just announced it will rename Crown Fibre Holdings into Crown Infrastructure Partners. The new entity will deliver new trunk infrastructure through special purpose vehicles. In this way, infrastructure costs will be recovered through special rates over the lifecycle of the infrastructure assets. Read more

Media Release
23 July, 2017
Parliament

Media Release: LGNZ Manifesto – an important step for empowering our local councils

Wellington (23 July 2017): The release of Local Government New Zealand’s (LGNZ) 2017 Local Government Manifesto calls for councils to have more of the responsibility to create stronger, vibrant and more prosperous communities.Since 2012, the role of local government has been a core research topic for The New Zealand Initiative. Across six research reports, the Initiative has published recommendations on strengthening local government, promoting local democracy and devolving government services. “Localism is more than just local government,” says Dr Oliver Hartwich, The New Zealand Initiative’s Executive Director. Read more

Media Release
23 July, 2017
German flag

The never-ending story of Angela Merkel

Should you be familiar with German children’s literature, you would have encountered a curious character: the illusory giant (Scheinriese).In the works of Michael Ende, best known for his The Never-Ending Story, there is a fearsome giant called Herr Tur Tur. Just as all proper giants, Herr Tur Tur is so big and tall that he can be seen from far away.But there is something rather unusual about the giant Herr Tur Tur. Read more

Dr Oliver Hartwich
The National Business Review
21 July, 2017
Parliament

Quis custodiet ipsos custodes?

“Who will guard the guards themselves?” Plato asked in the Republic in 380BC. More than two millennia later, well-armed regulatory agencies, instead of armies, wield many of the powers of the state. But the question remains as relevant today as it was in ancient Greece. Whether it is the Commerce Commission, the Financial Markets Authority, or the Overseas Investment Office, the arsenals of our regulators are fully-loaded. They have powers to compel, powers to prohibit and powers to prescribe. Read more

Amy Thomasson
Insights Newsletter
21 July, 2017
Vote

Election fought on swinging hyperboles

Andrew Little has drawn a line in the sand. He has condemned the “blowhard” politics of Winston Peters, and has made it clear this election will not be fought on swinging - um - personalities. Good. Because if there is one thing this campaign period could do without, it is hyperbole. If there were any doubt we are indeed in an election year, consider the headline that the ‘Greens threaten to go nuclear’. Read more

Jenesa Jeram
Insights Newsletter
21 July, 2017
Building house

Media Release: Land use restrictions caused the housing crisis

Wellington (20 July 2017): Superu’s report on land use planning confirms what The New Zealand Initiative has been saying since 2012. Restrictions on land use have driven Auckland’s housing crisis. And restoring housing affordability requires fixing land use planning. Superu today released a report showing that land use restrictions are responsible for over half of the current cost of housing in Auckland. Restrictive regulations drive up land prices and are the primary cause of unaffordable housing. Said Initiative Executive Director Oliver Hartwich, “We knew that... Read more

Media Release
20 July, 2017

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