A Radio New Zealand journalist reported in the last fortnight that other top economists privately shared Eric Crampton’s publicly expressed concerns over Treasury’s economic capability. Yesterday, Treasury’s former deputy chief economist went public on the malaise in the organisation. Read more

The government has largely put the KiwiBuild and capital gains tax fiascos behind it. Next headed for the cold storage might be the recommendations of its Fair Pay Agreement working group. Read more

Remember former finance minister Steven Joyce’s claim that Labour’s fiscal plan for its 2017 general election campaign had an $11.7 billion “hole”? Back then, Labour intended to spend $572 billion in the five years to 2021-22. Read more

Oscar Wilde once quipped that a cynic was “a man who knows the price of everything and the value of nothing”. That saying has since migrated to refer to economists. Read more

Wellington Mayor Justin Lester says NZ Bus is up to 40 drivers short, with up to 30 cancelled services a day. He now wants the Transport Minister to help improve local bus services. Read more

The government is hyping Budget 2019 as a world-leading “Wellbeing Budget”. The December 2018 Budget Policy Statement proclaims the government’s key focus on improving the wellbeing and living standards of New Zealanders. Read more

In the mid‐1980s, New Zealand was forced into a major economic restructuring. Those adjustments were particularly significant for the traded goods sector, since export subsidies and import barriers were largely eliminated. Read more

What can politicians who care about value for money in government hope to achieve? Where should they focus their efforts? Read more

Taxpayer guarantees for bank deposits are a can of worms. There should be a strong presumption against them. Those who chase higher returns should bear the risks themselves. Read more

KiwiBuild – the government programme to build or deliver 100,000 homes in 10 years – serves no useful public interest purpose and promises to endlessly distract and embarrass the government. That is the signal conclusion of KiwiBuild: Twyford’s Tar Baby, a research note released this week by The New Zealand Initiative. Read more

KiwiBuild – the government programme to deliver 100,000 down-sized homes in 10 years – is a waste of time and money. It serves no useful material public purpose and absorbs time and resources that would be far better devoted to addressing the real problem – housing affordability. Read more