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MMP After 30 Years: Time for Electoral Reform?

New Zealand's three-year parliamentary term is too short for effective government and the country needs more MPs to keep politicians accessible to voters. “MMP has delivered fairer and more representative parliaments, but it’s time for an upgrade,” says Nick Clark, Senior Fellow at The New Zealand Initiative and author of our report examining 30 years of MMP in New Zealand. Read more

Research Report
29 October, 2025
IMG 2220

Owning less to achieve more

Why does the government need to continue owning or managing more than 77,000 housing units, given its poor track record in this area, especially when state assistance can be provided without extensive government ownership? And why does it not release more land for housing? Read more

Dr Bryce Wilkinson ONZM
Research Report
16 October, 2025
roger submission

Submission: 2025 Review of Key Capital Settings

1. INTRODUCTION AND RECOMMENDATIONS 1.1 This submission to the Reserve Bank of New Zealand (RBNZ) on its 2025 Review of Bank Capital Requirements (the Review) and accompanying consultation paper (the Consultation paper)1 is made by The New Zealand Initiative, an independent think tank supported primarily by major New Zealand businesses. Read more

Roger Partridge
Submission
2 October, 2025
research note monetary polichy

Monetary Policy Without Mates: Why the Reserve Bank is Right to Focus on Price Stability

The Reserve Bank of New Zealand has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control. The research note, Monetary Policy Without Mates, reveals that while the RBNZ fought to tame inflation that peaked at nearly 8%, the government's fiscal policy worked against these efforts – forcing interest rates to stay higher for longer. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Dr Bryce Wilkinson ONZM
Research Note
23 September, 2025
2025 08 15 Going for Housing Growth

Submission: Going for Housing Growth Pillar 1: Freeing up Land for Urban Development

The New Zealand Initiative is pleased to submit our comprehensive response to the Government’s Going for Housing Growth Discussion Document focusing on Pillar 1 proposals. This submission represents our analysis of how the proposed reforms can best achieve the stated objective of enabling competitive urban land markets to restore housing affordability in New Zealand. Read more

Submission
15 August, 2025

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