Within a fortnight last month, Australia and New Zealand placed opposite bets on their economic futures. The Reserve Bank of Australia raised interest rates to 3.85 per cent. 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
While American and Israeli jets were bombing Tehran last Monday, French President Emmanuel Macron stood before nuclear submarines at the Île Longue naval base in Brittany. He announced that France would extend its nuclear umbrella across Europe. Read more
Anyone who has visited Sydney recently will have seen what asset recycling built. New metro lines that transformed commuter rail. Read more
Dr Oliver Hartwich argued at the Portfolio Construction Forum's Markets Summit 2026 in Sydney that the erosion of the rules-based world order — driven by cognitive decline, political tribalism, and the rise of "institutional theatre" — demands a fundamental rethink of how investment professionals assess risk. Dr Hartwich introduced the concept of "Enlightenment Islands" — stable, high-trust jurisdictions such as Singapore, Switzerland, and the Scandinavian countries — and urged portfolio managers to supplement traditional financial metrics with civilisational indicators like PISA scores, rule of law indices, and trust barometers. Read more
The world changed last week. The United States and Israel launched coordinated strikes on Iran, killing the Supreme Leader, sinking warships, and plunging the Middle East into its gravest crisis in decades. Read more
Democracy is easy to take for granted. For most of the last century, it has been advancing around the world. Read more
Last week, the Government confirmed it would spend up to $200 million buying new Genesis Energy shares. Three ministers lined up to explain the decision. Read more
In this episode, Oliver talks to retired Major General John Howard about the first week of US–Israel strikes on Iran — what the opening strikes reveal, how Iran is responding, and why the risk of escalation remains real. They then zoom out to the global ripple effects (Russia and Ukraine, China and Taiwan, NATO cohesion) and the practical consequences for New Zealand, from fuel and supply-chain disruption to the need for more proactive national security planning. Read more
In early 2004, I wrote a letter to a man I had never met. I was a German doctoral graduate planning to move to London, struggling to find work. Read more
A principal who runs a school well does not get to tell parents what to cook for dinner. The authority is real – but it is specific. Read more
Wellington (Monday, 2 March 2026) - New Zealand could unlock more than $24 billion for essential infrastructure by recycling mature Crown-owned commercial assets, according to a new report by The New Zealand Initiative. Renovating the Nation: How Asset Recycling Can Help Solve the Infrastructure Deficit, by the Initiative chair Roger Partridge, argues the government should redirect capital tied up in commercial enterprises into hospitals, schools, roads and water systems — without raising taxes or increasing public debt. Read more
In this episode, Oliver talks to Roger Partridge about his new report, Renovating the Nation, which proposes selling around $25 billion worth of government-owned commercial assets and reinvesting the proceeds into critical public infrastructure. Drawing on the success of New South Wales's asset recycling programme, Roger argues the Crown has too much capital tied up in businesses it doesn't need to own, and that ring-fencing sale proceeds in an independently governed fund could deliver the roads, hospitals, and public transport New Zealand desperately needs. Read more
This webinar launches Renovating the Nation: How Asset Recycling Can Help Solve the Infrastructure Deficit, a report by Roger Partridge arguing New Zealand can fund new infrastructure by recycling Crown-owned commercial assets the government does not need to own. Hosted by Dr Oliver Hartwich and featuring Fran O’Sullivan and Fraser Whineray (former CEO of Mercury), the discussion unpacks the New South Wales model and why New Zealand’s past asset sales failed to build trust. Read more
From 2007 until about two weeks ago, New Zealand’s regulators considered prediction markets as a kind of futures market. Then the Department of Internal Affairs decided they are gambling. Read more