Eric Crampton is Chief Economist with the New Zealand Initiative.
He applies an economist’s lens to a broad range of policy areas, from devolution and housing policy to student loans and environmental policy. He served on Minister Twyford’s Urban Land Markets Research Group and on Minister Bishop’s Housing Economic Advisory Group.
Most recently, he has been looking at devolution to First Nations in Canada.
He is a regular columnist with Stuff and with Newsroom; his economic and policy commentary appears across most media outlets. He can also be found on Twitter at @ericcrampton.
Phone: +64 4 499 0790
NZ Initiative’s Eric Crampton chats with Sean Plunket about the OCR increase.
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Wellington (Wednesday, 23 November 2022) – In the leadup to today’s Official Cash Rate decision, New Zealand’s economists warn that inflation expectations are unhinged and that government deficits are worsening the problem. They also remind us that New Zealand cannot maintain current employment levels by accepting high inflation rates. Read more
Last week, the government released the first parts of its proposed overhaul of the resource management system. If passed into law, the Natural and Built Environment Bill will, over a transition period, replace the Resource Management Act. Read more
New Zealand's immigration system is cracking under pressure. A lack of staff, a shambolic IT system, and new government policies that bamboozle applicants are creating unnecessary stress for migrants, and long delays around simple work visa applications that once made their way through the system with ease are causing issues for employers. Read more
The main legislation for the government’s proposed reform of the Resource Management System has over 850 sections and was released only three days ago. Critical parts of the framework are still missing. Read more
At about three in the morning, three days after the 2011 Christchurch earthquake, our family got into the car. Power and water had been out at our South New Brighton home since Tuesday’s earthquake. Read more
Victoria University's Associate Professor Martien Lubberink specialises in banking regulation. In Newsroom, Prof Lubberink warns of unintended consequences of setting extra taxes on current bank profits. Read more
Wellington (Wednesday, 9 November 2022) – There are no silver bullets for ending the regulatory mess that makes housing hard to build, but there may be silver buckshot. A Member’s Bill from ACT’s Brooke van Velden proposes sharing half of the GST on new housing with councils where new housing is built. Read more
Nowhere in New Zealand is as landlocked as the southern Manitoba farm where I grew up. Reaching the ocean, by road, required at least 24 hours of non-stop driving. Read more
In a classic Simpsons episode, the gang went out looking for the Loch Ness Monster. Professor Frink turned on his scanning scope. Read more
If you want to know the effects of small changes to tax rates or tax thresholds on government revenue, Treasury provides a handy calculator. But the calculator breaks if you ask it to tell you the effects of inflation on tax revenues since April 2021, when the new 39% tax rate came in. Read more
The Platform's Sean Plunket interviewed Eric Crampton on New Zealand's tax system. He comments on the latest in a long line of dodgy Oxfam reports on inequality. Read more
If someone told you that America’s tax system is light-years ahead of either Sweden or New Zealand’s in reducing inequality, you’d be right to think they’re either misguided or lying to you. So how the heck did Oxfam manage to create a ranking of tax system fairness that put the US 10th best in the world, the UK 24th, Sweden 104th, and New Zealand 136th? Read more
If years of arguing about supermarkets and supermarket policy have taught us anything, it’s that allowing another supermarket chain to enter the New Zealand market is in the national interest. So why won’t the government tell the Overseas Investment Office? Read more
Oliver Hartwich and Eric Crampton discuss how the government is preventing overseas supermarkets from entering the New Zealand market. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more