The Strait of Hormuz is closed. Flights through the Middle East have been cancelled. Read more
In this episode, Nick and Benno discuss whether New Zealand's proposed planning reforms can actually deliver housing affordability or fail to escape the gravitational pull of the status quo. They unpack how our current planning system and the rules it makes are an extractive institution: one that concentrates decision-making power over land use in the hands of a few, beholden to a privileged group of incumbents. Read more
Academic freedom has become a major concern at universities across the English-speaking world in recent years. Speakers have been disinvited, papers retracted, and academics disciplined or even dismissed for things they have said or positions they have taken. Read more
Christopher Nolan’s adaptation of The Odyssey is expected to be a big hit this winter. Closer to home, Kiwis may want to discover another perilous journey: that of at least 80,000 foreign neighbours, through cumbersome bureaucracy, to reach these shores across the wine-dark Tasman Sea. Read more
Brent crude hit $112 a barrel last Friday. Goldman Sachs says it could reach $147 if the Strait of Hormuz stays closed; the futures market predicts it will be $86 in six months. Read more
Dr Marian Tupy is the editor of HumanProgress.org, the world's most comprehensive database tracking improvements in human wellbeing, a senior fellow at the Cato Institute, and co-author of the acclaimed book Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet. A leading voice on human progress, globalisation, and economic development, Marian's work does something rare: it challenges the pessimistic narratives we hear every day — not with opinion, but with hard evidence. Read more
Heather du Plessis-Allan discussed Dr Bryce Wilkinson's NZ Herald article on Newstalk ZB, drawing on his analysis of the 1970s oil shocks as a cautionary lesson for today's politicians. Dr Wilkinson argues that the government should resist pressure to intervene through price controls, subsidies, or fuel tax cuts, and instead rely on price signals and targeted income relief for the most vulnerable, while leaving risky energy investments to private capital. Read more
When land is subdivided and new roads are created, every holder of a registered covenant or easement over that land must individually consent before the road can vest as public road. In practice, this can mean obtaining written consent from hundreds of parties and their banks, at significant cost in legal fees and delays that are ultimately passed through to the price of new homes, even though courts have never found that any of these parties has a material interest. Read more
Bertaud is an urban planner whose work has shaped city policy debates internationally. Over a career spanning several decades, he has advised governments and institutions on urban development, housing markets and infrastructure, including work with the World Bank and on major city reforms across Asia, Eastern Europe, and Latin America. Read more
In this episode, Michael talks with Dr James Kierstead about the pressures on academics to align with universities’ institutional priorities, including expectations to incorporate Māori and Pasifika perspectives in all teaching programmes. The discussion raises questions about academic freedom, institutional neutrality, and accountability, illustrated by the circumstances surrounding Dr Kierstead’s redundancy from Victoria University of Wellington. Read more
I was born in West Germany in 1975. Yes, it was still West Germany then. Read more
Peter Smith asks a fair question. In Trump and the Paradox of American Power, I wrote that I had long favoured taking out Iran’s nuclear facilities – but not like this. Read more
Alain Bertaud, former principal urban planner at the World Bank and guest of the New Zealand Initiative, talked to Jack Tame on Q+A about what makes cities function well. Bertaud argued that cities are fundamentally labour markets, and that restrictive zoning laws, not poverty, are the root cause of New Zealand's housing affordability crisis, advocating for both upward density and greenfield development to meet Auckland's projected population growth. Read more
KiwiSaver has $110 billion in assets and over three million members. Contribution rates rise from April. Read more
Recently, during a select committee hearing on an infrastructure funding amendment bill, an MP asked for examples of infrastructure financed without government borrowing. “Sure,” our chief economist Eric Crampton replied. Read more