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Poverty of Wealth: Why minerals need to be part of the rural economy

This report, the first in a two-part series, seeks to examine the factors that prevent greater mineral extraction in New Zealand, a business model that could help stem some of the economic pressures faced by many of the country's rural regions. The key findings of Poverty of Wealth are that: Rural New Zealand is in decline Economic growth is concentrated in urban areas, particularly Auckland, Wellington and Christchurch, whereas seven of the rural regions recorded negative economic growth in the year ending March 2013, and a further two recorded flat growth. Read more

1 December, 2014

Not enough cradles, too many graves

“A change-over from an increasing to a declining population may be very disastrous,” John Maynard Keynes once reflected. This may be so, but a declining working-age population could prove even worse. Read more

Khyaati Acharya
Insights Newsletter
28 November, 2014

Can mining revive rural economies?

Sitting in one of New Zealand’s urban centres, it is tempting to look across the various data points and conclude that all is well with the country. Yes, dairy and log prices have pared back substantially over recent months, but almost every other economic indicator is improving, holding its own, or lingering below warning levels, as in the case of inflation. Read more

Insights Newsletter
28 November, 2014
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Guarding the Public Purse: Faster growth, greater fiscal discipline

Demographic aspects Projections of an ageing population are robust on the basis of current trends: New Zealanders' 2010 median age of 35.8 years lifts to 43.0 years by 2060 under Statistics New Zealand's medium scenario projections. The number of dependent persons (under 15 or over 64) per 100 people of working age (15-64) is projected to rise by 44% from 50 in 2010 to 72 in 2060. Read more

Dr Bryce Wilkinson ONZM
Khyaati Acharya
24 November, 2014

Spare a thought for the RBNZ’s Beowulf

There are many emotions that Reserve Bank Governor Graeme Wheeler is likely to provoke, depending on the state of your bank account, but sympathy for this modern Beowulf is hardly the first choice. Yet that is exactly what I felt for the technocrat last week when he announced that he was thinking about delving deeper into his economic toolbox in the hopes of finding a gizmo that could zap more heat out of the housing market. Read more

Insights Newsletter
21 November, 2014

The Key anomaly: right-wing and popular

It was always going to be a bittersweet victory: whoever won the Labour leadership battle would immediately be thrust into the war of winning back voters. And boy has Andrew Little been thrust into a war: the Labour Party has faced a stunning defeat domestically, within the wider context of an international left-wing demise. Read more

Insights Newsletter
21 November, 2014

Thought police

In 2009, I wrote a piece on the social costs of drugs for NORML; it appeared in their NORML News magazine. The police later sought to have several issues of NORML News deemed Objectionable; some articles described hashish production methods. Read more

Dr Eric Crampton
Insights Newsletter
14 November, 2014

(Child) poverty: efficiency versus self-professed compassion?

William Voegeli, a senior editor at Clarement Review of Books, recently gave a speech, The case against liberal compassion, at Michigan's Hillsdale College that raised the question of why many (US) liberals appear to feel that no matter how much governments are spending to alleviate and prevent poverty, the latest amount is always shamefully inadequate. He put US federal spending on welfare, including health and education, in 2013 at 2/3rds of all federal outlays and 14% of GDP. Read more

Dr Bryce Wilkinson ONZM
Insights Newsletter
14 November, 2014

Media release: NZ businesses want Merkel to talk Euro Crisis, not just innovation

Wellington (13 November 2014): Angela Merkel’s talk at the University of Auckland on Germany’s innovation policy will be interesting; but what the New Zealand business community want to know is how she plans to address Europe’s economic crisis, says the head of The New Zealand Initiative. In the first visit of a German head of government to New Zealand since 1997, Merkel will meet with Prime Minister John Key ahead of the G20 Summit in Brisbane this weekend, deliver a speech at the University of Auckland, and attend a reception for German and New Zealand business leaders. Read more

13 November, 2014
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Fall of the Wall: The 25th Anniversary

Murray Jack, Dr Oliver Hartwich, HE Zbigniew Gniatkowski, and Dr Jason Young speak on the historic events of 1989 and explore whether the lessons of the past apply to today’s challenges in Europe and Asia. Read more

10 November, 2014

Why morality needs transparency

Imagine for a minute there were a magical ring that, when twisted, rendered the wearer invisible. In using the ring, would that person remain true to their moral code, or abandon their principles and use it to their undue advantage? Read more

Insights Newsletter
7 November, 2014

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