Bryce is a Senior Fellow at The New Zealand Initiative and the Director of the Wellington-based economic consultancy firm Capital Economics.
Prior to setting up his consultancy in 1997, he was director, 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.
Phone: +64 4 499 0790
Imagine if your household owned a share in many valuable things - houses, businesses, forests, and more - worth about $275,000. But the income you were getting was meagre. Read more
This report 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
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
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
Prime Minister Christopher Luxon says he wants a bureaucracy that says “yes.” He is right to want that of course, but a lot of current rules would need to change. Under current rules, far too much is too hard. Read more
If you believe some of its critics, the pending Regulatory Standards Bill is a demonic measure to end New Zealand society as we know it. This is beyond false; it is ridiculous. 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
Misinformation about the pending Regulatory Standards Bill is rife. Currently, there is no Bill, only a departmental discussion document. Read more
1 INTRODUCTION AND MAIN POINTS 1.1 This submission on the Ministry for Regulation’s Discussion Document on the proposed Regulatory Standards Bill 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 New Zealand Treasury's latest forecasts and the Government's Budget Policy Statement (BPS) are disquieting. Public debt management looks lax and possibly illegal, government spending entrenches excess rather than tackles it, and productivity growth measures are welcome but piecemeal. 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
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