When lightning strikes thrice, it is time to take notice. The Commerce Commission is only partway through its latest market study – this time into personal banking services. Read more
Chinese Ambassador Wang Xiaolong’s speech at the China Business Summit 2024 in Auckland on Monday was, at first glance, a typical diplomatic address. He extolled the strength of China’s economy, the benefits of bilateral trade, and the importance of the New Zealand-China relationship. Read more
American libertarian author and satirist P.J. O’Rourke used to joke that “Giving money and power to government is like giving whiskey and car keys to teenage boys.” The problem really is one of trust. Read more
Pierre Elliot Trudeau, Canadian Prime Minister for most of 1968 through 1984, and father of the current Canadian Prime Minister, had a wonderful quip about being neighbours with the United States. In a 1969 state visit with President Nixon in Washington, Trudeau said, “Living next to you is in some ways like sleeping with an elephant. Read more
The Future of Our Universities is now in the past. The long-awaited symposium, hosted by the Initiative, took place on Wednesday at the Royal Society Apārangi in Wellington. Read more
Barrister Gary Judd KC’s complaint to the Regulatory Review Committee has sparked a fierce debate about the place of tikanga Māori – or Māori customs, values and spiritual beliefs – in the law. Judd opposes the New Zealand Council of Legal Education’s plans to make teaching tikanga compulsory in the legal curriculum. Read more
While instant gratification reigns supreme and attention spans are shorter than a Tik-Tok video, the grand old game of test cricket finds itself, like the New Zealand economy, on a sticky wicket. The rise of T20, with its frenetic pace, flashy uniforms, and pyrotechnic displays has left the traditional five-day format looking as outdated as a record player. Read more
The Government plans to implement road pricing tools like congestion charging and toll roads. This will be an important first step in establishing a more rational transport system. Read more
For the past six years, I have had the privilege of writing this Newsroom column on any Europe-related topic. While some may appear obscure at first, I always choose topics that I think New Zealanders can benefit from knowing more about. Read more
Cast your mind back to mid-December. A new Prime Minister had just been sworn in, the new Government started its 100-day programme, and Christmas was only days away. Read more
Social media use is ubiquitous. Young people, especially, are relying on it for social interaction, sometimes to the near exclusion of offline friendships. Read more
The New Zealand Initiative has taken advantage of the tumultuous media landscape and branched out this week into news coverage. Your faithful reporter’s first task was covering the approval of the Wellington City District plan by the Minister for RMA Reform. Read more
New Zealand has an infrastructure deficit of at least $100 billion, a huge amount for a small country and a significant drag on productivity and economic growth. Not all of this can be financed from within New Zealand, meaning a need for overseas investment. Read more
Even today’s sharpest critics of economics should give economists credit for two substantial wins for liberalism over the past couple of centuries. In 1849, Thomas Carlyle called economics ‘the Dismal Science.” The name stuck, but most people using the term have forgotten why Carlyle gave us that name. Read more
They say that denial is the first stage of grief and that overcoming it matters if you want anything to get better. There has been an awful lot of denial of the serious fiscal problem that the government must start addressing in May’s budget. Read more