REPORTS

New Zealand has long struggled with housing affordability. Since 2000, real house prices nearly trebled. Read more

At the end of October, governor of the Reserve Bank Adrian Orr boldly asserted in a speech that climate change is “a key risk to global financial stability.” He made the case for urgent “transformation” as an “important, imminent, and personal” issue. Although the Reserve Bank Act does not mention climate change, the RBNZ is responsible for financial stability. Read more

New Zealand faces its worst recession in nearly a century. Unfortunately, the economic response to the challenges of Covid-19 leaves much to be desired. Read more

There is a rot at the core of schooling in New Zealand. The Ministry of Education follows unscientific advice and is in thrall to a flawed philosophy. Read more

Are Kiwis taking their civics for granted? American columnist H.L. Read more

On August 8, Prime Minister Jacinda Ardern said the Government would consider loosening New Zealand’s border controls and strict visa regime. Ardern said the Government is “keen to get local businesses more access to essential skilled workers to help grow the economy and create opportunities for resident Kiwis.” The Government is right to be concerned about this issue. Read more

This research note takes a closer look at school effectiveness across state, state-integrated, and private schools, otherwise defined as school authority (or type) using the Initiative's school performance tool. In a New Zealand first, we estimate each school’s contribution to student achievement across the three school authorities after separating out the contribution of the family socioeconomic background using data from Statistics New Zealand’s Integrated Data Infrastructure (IDI). Read more

This report examines the strengths and weaknesses of New Zealand’s arrangements for prescription medicines. Central to them is the Pharmaceutical Management Agency, Pharmac, a Crown entity. Read more

Up to a million Kiwis live overseas with a right to return to New Zealand. While the country is now effectively free of Covid-19, with cases only in the country’s quarantine facilities, the pandemic rages abroad and is unlikely to abate anytime soon. Read more

The Government’s response to the economic challenges of Covid-19 has primarily focused on new spending which will balloon public debt from 19% of GDP in 2019 to 30% in 2020 and peak at nearly 54% of GDP by 2024. It is only expected to modestly fall to 42% of GDP by 2034. Read more

New Zealand is now on a dangerous path to higher public debt and unprecedented money printing with no credible plan for unwinding the situation before the next crisis, warns a new report by The New Zealand Initiative. Covid-19 and the various types of lockdown responses have caused many governments to go even more heavily into debt and print money to sustain asset prices with borrowed money. Read more

Since the first cases of the Covid-19 virus emerged in the Chinese province of Wuhan, several East Asian countries including Singapore, South Korea and Taiwan have successfully 'flattened the curve' of infection rates. The three countries used common public policies in the first 50 days since each registered their 100th case. Read more

Several legal scholars have raised concerns about the legality of the emergency powers during the Covid-19 crisis exercised by Government officials – specifically, the Director General of Health, Dr Ashley Bloomfield’s orders under the Health Act 1956 sending the country into lockdown on 25 March. The courts will decide the lawfulness of Bloomfield’s actions now that they have been challenged by former Parliamentary Counsel (and legal textbook author) Andrew Borrowdale (the Borrowdale proceedings). Read more

In preparation for New Zealand’s September 19 referendum on cannabis, all sides of the debate are sharpening their lines of argument. Often, both the proponents and detractors of cannabis reform point to examples in the United States to bolster their position. Read more

On 14 May, the Government introduced an Overseas Investment (Urgent Measures) Amendment Bill to the House and held its first reading on the same day. It had such little regard for public consultation the deadline for submissions was set for 4 pm on Monday, 18 May – giving submitters only two full working days. Read more