During the Global Financial Crisis, many banks around the world failed spectacularly (though fortunately none in Australia or New Zealand). Some financial institutions were bailed out at enormous costs to taxpayers. Read more
Especially since the Brexit vote, policymakers aiming for political stability might be reluctant to ask citizens about their opinion. They should not feel that way. Read more
The problem with being an expert is that people regularly ask you for predictions. As if your knowledge of something would automatically let you know the future. Read more
New Zealand’s freshwater management is in need of a refresh. The kinds of systems that work for allocating and managing water when water is abundant are not the systems that work when water becomes increasingly scarce. Read more
Readers of The New Zealand Herald should welcome its recent introduction of a $5-weekly subscription to access premium content. So should non-readers. Read more
It took the Australian Government years to decide whom to task with building its next generation submarine fleet. It was still not enough time to prepare them for the cultural clash that followed. Read more
Everyone knows the old joke about the traveller who, on asking directions to a better place, is told he shouldn’t have started from here. But stepping back from it a little, we always start from here. Read more
Last October, Minister for the Environment David Parker announced a two-year agenda for an improved freshwater management system. Following on from an election campaign in which freshwater management featured prominently, the announcement should not have come as a surprise. Read more
When US psychologist Jonathan Haidt published The Righteous Mind in 2012, he himself may not have known how prescient it would be. The book’s subtitle is Why Good People Are Divided by Politics and Religion. Read more
Students and employees – even high-tech workers – are usually taught what to learn but rarely how to learn. This gap is an enormous opportunity. Read more
It’s too easy for bad statistics to influence policy. About a decade ago, BERL added up every dollar spent by heavier drinkers, counted some other costs twice, and claimed that alcohol use cost New Zealand $4.8 billion per year. Read more
Few subjects are as dry as prudential regulation. As something that relates to banks, it is not the most obvious topic requiring our attention. Read more
Late last year, embattled Chancellor Angela Merkel resigned the leadership of her Christian Democrat CDU party and announced she would not seek a fifth term. After a tight contest, the party’s general manager Annegret Kramp-Karrenbauer succeeded Merkel as leader. Read more
When it comes to funding our roads, the average New Zealand driver is not getting the best deal. For one, we have been paying for our streets and highways roughly the same way for the past 50 years, despite technological advancements and global best practice. Read more
This year’s close alignment of Easter and Anzac public holidays translated into 10 days of joy, family time and… congestion – with the New Zealand Traffic Agency (NZTA) issuing multiple heavy traffic warnings across the nation. Unfortunately, traffic jams are not restricted to holiday seasons in New Zealand. Read more