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Dr Eric Crampt on talks to Corin Dann on RNZ about the need for state spending to reduce to pre-Covid levels. Listen below. Read more
New Zealanders have been spending a lot more overseas than we have been earning overseas, yet our balance does not move in the same direction nearly as much. Oliver talks to Bryce about his latest research note "The mystery of the $52 billion gift: Does New Zealand have a fairy godmother?". Read more
This research note questions how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). It highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more
Wellington (Thursday, 14 March 2024) - A new research note by The New Zealand Initiative is questioning how New Zealand has managed to sustain its large and growing current account deficits with the rest of the world without seeing a corresponding deterioration in its net international investment position (NIIP). The research note, “The Mystery of the $52 Billion Gift: Does New Zealand have a fairy godmother?” highlights that while New Zealand has been spending more overseas than it earns, the country’s liabilities to the rest of the world have not increased nearly as much as one would expect. Read more
Transport policy increasingly resembles a culture war, with Lycra-clad cycling enthusiasts pitted against V8-loving, gas-guzzling motorists. To put it another way, Kiwis are either champions of light rail or proponents of Roads of National Significance. Read more
Housing policy made significant progress this week. The housing minister, Chris Bishop, addressed the Wellington Chamber of Commerce and released a cabinet paper outlining his plan for solving the housing crisis. Read more
Two weeks ago, some of the contributors to the substantial Economic Forum run by the University of Waikato unintentionally took me back to the days of New Zealand’s National Development Conferences in 1968 and 1972. They did so by calling on central government to lead and set a clear vision and action plan. Read more
Oliver talks to Professor Francis Greene from the University of Edinburgh Business School about entrepreneurship. They have a fascinating conversation about entrepreneurship as an idea, as a function and as a part of economics. Read more
Dr Eric Crampton speaks to Michael Laws on The Platform about New Zealand's economic challenges. Watch below. Read more
As 2023 draws to a close, we reflect on a transformative year for New Zealand’s political scene. The election ended Labour’s six-year reign and ushered in a new three-party coalition government under Prime Minister Christopher Luxon. Read more