Podcast: What's driving grade inflation?

In this episode, James talks to Craig Mellare and Abdul Razeed, senior lecturers at the University of Sydney Business School, about their empirical study on grade inflation in Australian higher education. They discuss findings showing that grades have risen significantly over the past decade despite no improvement in student ability, and explore the institutional pressures driving this phenomenon including student evaluation systems, time constraints on academic staff, and the need to manage student appeals and expectations. Read more

Dr James Kierstead
Craig Mellare and Dr Abdul Razeed
25 September, 2025

Newstalk ZB: Roger Partridge warns business mood "grim" as economy struggles

Roger Partridge talked to Francesca Rudkin on Newstalk ZB about the NZ Herald's Mood of the Boardroom survey, describing business leaders' sentiment as "grim" due to New Zealand's struggling economy and high cost of living. He called for greater bipartisanship on long-term economic issues like retirement savings and infrastructure, while noting that Trump's tariffs have significantly impacted CEO confidence despite the global community underestimating the reality of his trade policies. Read more

Roger Partridge
Francesca Rudkin
Newstalk ZB
24 September, 2025

RNZ: Dr Oliver Hartwich defends Reserve Bank against unfair scapegoating claims

RNZ Business News discussed Dr Oliver Hartwich's comments defending the Reserve Bank on their midday bulletin. He defended the Reserve Bank against scapegoating claims, arguing that the current government's single inflation mandate and expansionary fiscal policies have made monetary policy more challenging. Read more

Dr Oliver Hartwich
RNZ
24 September, 2025

Media release: Reserve Bank needs support, not scapegoating, in inflation fights

Wellington (Monday, 22 September 2026) - The Reserve Bank of New Zealand has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control, according to new research from The New Zealand Initiative. The research note, Monetary Policy Without Mates, reveals that while the RBNZ fought to tame inflation that peaked at nearly 8%, the government's fiscal policy worked against these efforts – forcing interest rates to stay higher for longer. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Dr Bryce Wilkinson ONZM
Media release
23 September, 2025
research note monetary polichy

Monetary Policy Without Mates: Why the Reserve Bank is Right to Focus on Price Stability

The Reserve Bank of New Zealand has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control. The research note, Monetary Policy Without Mates, reveals that while the RBNZ fought to tame inflation that peaked at nearly 8%, the government's fiscal policy worked against these efforts – forcing interest rates to stay higher for longer. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Dr Bryce Wilkinson ONZM
Research Note
23 September, 2025
NewstalkZB Mike Hosking square

Newstalk ZB: Mike Hosking mentions the Initiative's monetary policy report

Mike Hosking discussed the Initiative's report "Monetary policy without mates" on Newstalk ZB, agreeing with its argument that the Reserve Bank has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control. He emphasised that the government's fiscal policy worked against the Reserve Bank's efforts, with Grant Robertson's spending forcing interest rates to stay higher for longer. Read more

Mike Hosking
Newstalk ZB
23 September, 2025
Sean Plunket

The Platform: Dr Oliver Hartwich debates Robert MacCulloch over government influence claims

Dr Oliver Hartwich debated Robert MacCulloch on The Platform over claims that the New Zealand Initiative has "captured" the National government and is controlling fiscal policy. Dr Hartwich defended the Initiative, stating they have minimal contact with government ministers and would have pursued different policies if they truly had influence, particularly opposing last year's tax cuts in favour of budget consolidation and deficit reduction. Read more

Dr Oliver Hartwich
Sean Plunket and Robert MacCulloch
The Platform
22 September, 2025

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