Please Ma’am, can we have some more fiscal largesse?
Last week, eleven New Zealand economists issued a public letter advocating more government spending relative to revenue. That means yet more debt. Read more
Bryce is a Senior Fellow at The New Zealand Initiative, and also the Director of the Wellington-based economic consultancy firm Capital Economics. Prior to setting this up in 1997 he was a Director of, and shareholder in, First NZ Capital. Before moving into investment banking in 1985, he worked in the New Zealand Treasury, reaching the position of Director. Bryce holds a PhD in economics from the University of Canterbury and was a Harkness Fellow at Harvard University. He is a Fellow of the Law and Economics Association of New Zealand.
Bryce is available for comment on fiscal issues, our poverty, inequality and welfare research. He also has a strong background in public policy analysis including monetary policy, capital markets research and microeconomic advisory work.
Phone: +64 4 499 0790
Last week, eleven New Zealand economists issued a public letter advocating more government spending relative to revenue. That means yet more debt. Read more
In this podcast episode, Eric and Bryce discuss the history of regulatory reform efforts in New Zealand since 2001, focusing on the development of the Regulatory Standards Bill and its original mechanism of court declarations of inconsistency. They explore how diminished trust in courts' interpretations of laws has complicated this approach today, while also examining why past attempts to ensure good regulatory quality have faced challenges. Read more
Imagine sitting at the kitchen table, surrounded by bills and bank statements. Your household expenses have spiralled out of control over the past five years, rising by nearly 160% while your income grew by only 142%. Read more
1. Introduction and Summary 1.1 This submission is made by The New Zealand Initiative (the Initiative) in response to the Government's consultation document "Have your say on Work Health and Safety," released in June 2024. Read more
Max Rashbrooke's recent research note, "High earner tax rates: New Zealand in context," makes a case that rich people in New Zealand pay less tax than they would on the same income in some of the highest-taxed countries in the world. But is this really the case? Read more
1.1 This submission in response to the Finance and Expenditure Committee (FEC) Inquiry into Banking Competition (the Inquiry)1 is made by The New Zealand Initiative (the Initiative), a think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
Opposition leader Chris Hipkins has said that the Labour Party is looking at campaigning in 2026 on the need for heavier taxation. Capital gains taxes, wealth taxes and a land tax are “back on the table”. Read more
Local councils and central government are in some financial difficulty. They own and operate many commercial assets with mixed objectives and mixed success. Read more
This week the Reserve Bank of New Zealand’s Monetary Policy Committee (MPC) lowered the Official Cash Rate (OCR) from 5.50% to 5.25%. Many market economists predicted this change. Read more
In recent weeks, media reports have highlighted two seemingly unrelated issues: a severe shortage of General Practitioners (GPs) and the closure of businesses due to soaring electricity prices. While these issues may appear to be distinct, they share a root cause. Read more
1.1 This submission on the “Consultation on the Scope of the Treasury's Long-term Insights Briefing” is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
The record net migration loss of 60,100 New Zealand citizens in the year to May 2024 is an orange warning light for New Zealand. But fears that it represents a worrying brain drain are statistically premature. Read more
Dr Bryce Wilkinson talked to Sean Plunket on The Platform about New Zealand's healthcare system overhaul, including the appointment of a new health commissioner and the challenges of restructuring after problematic reforms. They potential solutions, such as decentralising decision-making, to address issues like overspending and improve healthcare delivery. Watch below. Read more
In a dramatic move this week, the government replaced the board of Health New Zealand (Te Whatu Ora) with a commissioner. Dramatic but not much of a surprise. Read more
The record net outflow of New Zealanders migrating to Australia and further afield should be seen as an "orange light" rather than a red light, according to a research note by The New Zealand Initiative. The report, Are Kiwis fleeing?, examines recent migration trends and finds that while the net outflow of 60,100 New Zealand citizens in the year to May 2024 is significant, it is currently offset by a near-record inflow of migrants who are likely more highly qualified than the average New Zealander. Read more