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Media release: Climate of fear: How the Reserve Bank is overstepping its mandate

Wellington (Tuesday, 9 November 2021) The Reserve Bank of New Zealand (RBNZ) has no legal or democratic mandate for climate change, says a new report from think tank The New Zealand Initiative. Climate of fear: How the Reserve Bank is overstepping its mandate documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more

Media release
9 November, 2021
Tree v3

Climate of distraction

This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more

Insights Newsletter
5 November, 2021
Oliver v7

Podcast: What the Three Waters reforms will mean for councils

The Government has announced they will confiscate councils’ three water assets, despite widespread opposition from mayors, councillors, and ratepayers. Ben Craven sits down with Oliver Hartwich, Matt Burgess and Eric Crampton to discuss what the proposals will mean for councils; the winners and losers; and why centralised control of water assets is not the answer to local water issues. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Podcast
28 October, 2021
James Shaw

What is a Climate Change Minister to do?

Last week, the government unveiled the first draft of its plan for how this country will lower emissions over the coming decades. The Emissions Reduction Plan lacks specifics but signals intent. Read more

Insights Newsletter
22 October, 2021
Carbon emissions v2

Giving it away

Each year, the government gives away millions of emissions units to trade-exposed businesses under its Industrial Allocations (“IAs”) policy. The policy is narrow but deep. Read more

Insights Newsletter
15 October, 2021

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