In this episode, Oliver talks to Bryce about his new report "The People's Portfolio", which examines New Zealand's $571 billion in Crown-owned assets and makes the case for privatising many of them to improve economic efficiency rather than simply raising funds. They discuss how current government ownership of these assets is actually costing taxpayers money, the historical success of privatisations like Telecom, and the challenges of implementing a politically viable privatisation strategy. Read more

Dr Bryce Wilkinson talked to Mike Hosking on Newstalk ZB about his New Zealand Initiative report which found government-owned assets worth $571 billion aren't generating sufficient returns to cover borrowing costs. Dr Wilkinson suggested selling commercial assets and underutilised land while acknowledging the political challenges, as the government now pays 3.7 cents in interest for every tax dollar collected. Read more

Wellington (Tuesday, 25 February 2025) - A new report by The New Zealand Initiative shows the government owns $571 billion in assets - equivalent to $275,000 for every Kiwi household. "The returns from these government-owned assets don't even cover the interest costs on the money borrowed to buy them," says Dr Bryce Wilkinson, author of The People's Portfolio: A $571 Billion Question. Read more

In this episode, Oliver talks to Bryce about the Regulatory Standards Bill, which aims to prevent laws and regulations that would make New Zealanders worse off. Bryce explains that while there's currently a discussion document out for public feedback from the Ministry of Regulation, some recent criticisms misunderstand what's being suggested. Read more

Dr Bryce Wilkinson talks to Heather du Plessis Allan on Newstalk ZB about the Treasury's half-year economic update, expressing concern about a delayed return to budget surplus and advocating for reduced government spending, which is currently running about 2% of GDP higher than pre-COVID levels. Listen below. Read more