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Healthy competition is a key driver of efficiency gains. It forces businesses to focus on meeting customer needs better than anyone else. Read more

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This year, HSBC asked over 7,000 ex pats in 37 countries how they felt about the attractiveness of their host countries from a financial, quality of life and child-raising perspective. The results – many of which may seem surprising – were released early this month. Read more

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Scaremongering about sea-level rise is an international pastime. Retired NASA scientist James Hanson appears to be leading the pack. Read more

It is a new thing for New Zealand to have a chief science advisor to the Prime Minister. Sir Peter Gluckman’s laudable brief is "to promote discourse that will lead New Zealand to better apply evidence-based knowledge and research across all domains of public endeavour". Read more

The idea of a living wage is not new. New Zealand’s Arbitration Court determined in November 1936 that a basic weekly wage of £3.16s for an adult male would be sufficient to maintain a husband, wife, and three children in a fair and reasonable standard of comfort. Read more

New Zealanders are an irascible lot when it comes to recreational fishing. Around 50,000 people have made submissions opposing options for tightening recreational snapper fishing limits. Read more

The National-led government is introducing changes to the Resource Management Act (RMA) and fears are being expressed that they will favour economic development ‘at the expense of the environment’. The Prime Minister implicitly acknowledged this fear last weekend when he referred to the need to strike the right ‘balance between our environmental responsibilities and our economic opportunities’. Read more

On July 25, a Dominion Post article (Consent proposals upset rural residents) asserted that, under a proposed district plan, rural landowners might face new requirements if their property includes dominant dune ridge lines, outstanding landscapes, amenity landscapes or ecological and geological sites. Owners in possession of such land may now require a resource consent to work on farm fences, culverts and farm tracks. Read more

On 25 July, a Dominion Post article (Consent proposals upset rural residents) asserted that, under a proposed district plan, rural landowners might face new requirements if their property includes dominant dune ridge lines, outstanding landscapes, amenity landscapes or ecological and geological sites. Owners in possession of such land may now require a resource consent to work on farm fences, culverts and farm tracks. Read more

By now, householders must be used to being exhorted by politicians, economists, and international agencies to save more. Yet, some policies encourage them to borrow in order to save or invest. Read more