Each year, more than a quarter of New Zealand’s school leavers enrol at university. But around one in five new university students leave within their first year of study, without completing a degree. Read more
Thomas Hobbes published Leviathan in 1651, amid the wreckage of the English Civil War. We know him for his defence of the state: without a sovereign authority to impose order, human life reverts to a “war of every man against every man”, where existence is “solitary, poor, nasty, brutish, and short”. Read more
A heavy diesel mechanic earns roughly the same as a policy analyst, qualifies in the same time and graduates with little or no debt. Yet most New Zealanders still regard university as superior to industry training and our school qualifications system has quietly reinforced that bias for decades. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Commerce (Commerce Commission Reform) Amendment Bill (the Bill) is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
| GDP Quarterly Change: | 0.89% |
|---|---|
| GDP Annual Change: | 1.00% |
| Inflation: | 2.73% |
| Optimal OCR: | 2.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | 0.00% |