Beehive 04 v2

Who makes the law?

Picture a country where unelected judges, not elected politicians, make the laws. Where courts rewrite statutes they do not like and reshape long-standing legal rules based on their views of ‘society’s changing values.’ Sound far-fetched? Read more

Roger Partridge
Insights Newsletter
18 October, 2024
2024 10 18 Insights website

Opening to investment

BusinessDesk’s Pattrick Smellie had the best synopsis of New Zealand First’s announcement on foreign direct investment this weekend: “it was less important for what it said than for the fact that Peters said it.” The Overseas Investment Act has placed New Zealand among the developed world’s least hospitable climates for foreign investment. Other countries recognise investment as a benefit to be sought. Read more

Dr Eric Crampton
Insights Newsletter
18 October, 2024
website reserve bank

The Reserve Bank's annual report: A glossy façade hiding serious issues

The Reserve Bank of New Zealand (RBNZ) just released its Annual Report for 2024, providing an opportunity to examine how the central bank views its own performance. The Governor’s statement is revealing, praising a “Great team, best central bank” while ignoring the serious macroeconomic mismanagement by the current leadership. Read more

Dr Oliver Hartwich
Insights Newsletter
11 October, 2024
2024 10 10 nz herald website

Fast-track approvals are necessary but should be temporary

The government's Resource Management Act (RMA) reform is shaping to be a tale of two approaches: one necessary but potentially problematic, the other more fundamental and promising. Last weekend, Ministers Chris Bishop and Shane Jones unveiled a long-awaited list of 149 projects that will be included in the government’s controversial Fast Track Approvals Bill. Read more

NZ Herald
10 October, 2024
2024 10 08 Newsroom website

Canada’s example shows how ‘link tax’ bill will fail

New Zealand moves inexorably from the ‘faff around’ to the ‘find out’ phase of the Fair Digital News Bargaining Bill process. On Friday, Google’s New Zealand blog noted that if the bill becomes law, Google would be “forced to stop linking to news content on Google Search, Google News, or Discover surfaces in New Zealand and discontinue our current commercial agreements and ecosystem support with New Zealand news publishers.” Google described the Bill as setting a ‘link tax’. Read more

Dr Eric Crampton
Newsroom
8 October, 2024

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