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
KiwiSaver has $110 billion in assets and over three million members. Contribution rates rise from April. Read more
Too many of the world’s urban planners grew up playing the city-planning game SimCity. You may have played it too. Read more
When oil prices spiked after the Strait of Hormuz closed, New Zealand’s ministers lined up to reassure the public. Fuel stocks were “healthy.” There was “no need for panic.” The associate energy minister assured New Zealanders that supplies were not under threat “in coming months.” What the ministers did not dwell on is that government agencies are now briefing them daily on supply disruptions extending well beyond petrol. Read more
In this episode, Oliver Hartwich and Eric Crampton are joined by retired Major General John Howard to assess the Iran conflict three weeks on, covering how it has escalated, what the odds of de-escalation look like, and whether a US ground invasion or ceasefire is realistic. They also explore the wider global picture, from China's posture around Taiwan to Ukraine's worsening position, and what it all means for New Zealand's fuel security, energy resilience, and national preparedness. Read more
Imagine a system in which those who understand it best see a problem developing – slowly, incrementally, case by case – but choose not to say so publicly. Not because they are forbidden to speak. Read more
No fuel was available where I lived on the east side of Christchurch immediately after the 2011 earthquake. Power was out. Read more
So far this year, the government’s tobacco excise revenue is $164 million below forecast. If that pace continues, the annual shortfall will reach about $225 million. Read more
Alain Bertaud, former principal urban planner at the World Bank and guest of The New Zealand Initiative, talked to Kathryn Ryan on RNZ's Nine to Noon about what makes cities work. He argued that cities should be understood as large labour markets, and that affordable housing and good transport are essential foundations — warning that without them, everything people value about city life will collapse. Read more
New Zealand has plenty of reasons for optimism. In a world gripped by anxiety, the country stands at the edge of several extraordinary opportunities. Read more
New Zealand’s Planning Bill is supposed to make housing affordable. For the first time, the law would require the planning system to create competitive land markets. Read more
There is something almost admirable about spending a fortune on roads, pipes, schools and hospitals without quite knowing what state any of them are in. Or, in some cases, where exactly they are. Read more
After five years of stagnation, falling living standards and a cost-of-living crisis that ground down households and businesses, New Zealanders wanted nothing more than a return to normality: a bit of growth, stable prices and the relief of things finally getting better. At the start of 2026, it looked like that might be happening. Read more
Donald Trump promised the Iranian people their hour of freedom had arrived. Ten days later, the dead Supreme Leader’s son sits in his father’s chair, the Revolutionary Guard is still fighting, the Strait of Hormuz is closed, oil spiked above $100 a barrel and seven Americans are dead. Read more
In this episode, Nick talks with Bryce about the government’s proposed replacement of the Resource Management Act and what it means for property rights. Bryce argues the bills fall short of the government’s stated commitment to property rights, lacking the economic disciplines needed to ensure regulation delivers net benefits for New Zealanders. Read more
