Media release: New report says open doors to foreign investment

Wellington (30 April 2014): If New Zealand does not ease its restrictive foreign direct investment (FDI) regime, the country risks driving away overseas capital that could otherwise be invested to create jobs and contribute to the tax base. This is the message of Open for Business: Removing the barriers to foreign investment, the final report in The New Zealand Initiative’s series on FDI regulation. Read more

30 April, 2014

We need to be much less restrictive in welcoming foreign direct investment

New Zealand affords itself the luxury of treating overseas investment as a privilege rather than as a necessary and desirable means of better integrating ourselves with the world, so as to make the most of what it has to offer. That blinkered attitude permeates our regulatory regime, which the Organisation of Economic Co-operation and Development assesses to be more restrictive than the regimes of 47 other countries out of a total of 53 countries. Read more

Dr Oliver Hartwich
Interest.co.nz
30 April, 2014

Living wage reinvents the wheel

Since the Living Wage Aotearoa's campaign launched in March last year, there has been no shortage of talk about the feasibility of its implementation, and how it will affect the business of employers and the livelihood of workers. Last week, Jesse Chalmers - treasurer for the Auckland division of the Green Party - waxed lyrical about the positive impact the living wage allegedly had on her small-to-medium enterprise. Read more

Stuff.co.nz
28 April, 2014

Democracy in Decline

Next month, I will be presenting my new book at three functions hosted by The New Zealand Initiative. Democracy in Decline is part lament and part call to arms. It is about the decline of democracy in five of the oldest democracies on earth, countries that, before just about anywhere else, worked out how to count everyone as equal and then let the numbers count as a way to resolve debatable and contested social policy line-drawing disputes. Read more

James Allan
Insights Newsletter
24 April, 2014

Let no rich man’s pastime go unfunded

Consistency is regarded by some as a hallmark of a good politician, so by this logic Economic Development Minister Steven Joyce should be commended for steadfastly fronting the government's apparent commitment to ensuring that expensive recreational pastimes get well-rewarded. The latest beneficiary of the taxpayers’ purse is the New Zealand Open pro-am, an annual golf tournament which takes place at The Hills and Millbrook course in Queenstown. Read more

Insights Newsletter
24 April, 2014

'I' is for incentives

Incentives are the little magnets that guide human activity. But that doesn’t mean things always go according to plan. Read more

The ABC of Economic Literacy
Insights Newsletter
24 April, 2014

Snails, worms, concert halls and airports: Germany's endless waste

If there was a ranking for the most self-righteous nation in Europe, Germany would have a good chance of topping the list. Sure, without Germany’s support the euro may have already gone under, but the Germans are extremely good at coupling such help to their neighbours with unrequited advice on how to run their countries. Read more

Dr Oliver Hartwich
Business Spectator
17 April, 2014

415,000 reasons to fund local councils

In a week where the headlines were dominated by housing affordability concerns, Prime Minister John Key said central government would need a compelling reason to allow local councils to collect additional taxes on top of their standard rates revenue. Well, here are 415,000 reasons. Read more

Insights Newsletter
17 April, 2014

There is no magic in numbers

New Zealand’s supermarket chains often get bad press and are suspiciously eyed by the public because, allegedly, they form a duopoly. With this characterisation comes the innuendo that they might be ripping off either their customers, their suppliers or both. Read more

Dr Oliver Hartwich
Insights Newsletter
17 April, 2014

‘H’ is for history of economic thought

Studying economics these days, it is quite possible to get a degree without ever having come across the name of a single economist. That is because economics is taught as a set body of knowledge without illuminating its insights by reference to the works, minds and times of the great economists. Read more

The ABC of Economic Literacy
Insights Newsletter
17 April, 2014

How much do you get paid?

Within the workplace, there is a plethora of subjects we're more than willing to discuss freely and frankly with our peers. However, what we each earn is never one of them. Read more

Khyaati Acharya
Stuff.co.nz
16 April, 2014

Money buys social progress

It’s tough for parties in the opposition benches. They have been stripped of a major rod with which to beat National in an election year. Read more

The National Business Review
11 April, 2014

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