Prescription for Prosperity 2026: Briefing to the Incoming Government
This is The New Zealand Initiative’s 2026 Prescription for Prosperity. Since 2017, the Initiative has prepared a briefing for the incoming government. Read more
New Zealand has a successful economy. International rankings regularly put us near the top for competitiveness, economic freedom, and ease of doing business.
At the same time, New Zealand’s per capita incomes trail those of other developed countries. Our productivity growth is anaemic. Our ability to attract high-quality international investment is limited and constrained.
New Zealand cannot rest on the laurels of past reforms. We must continue to improve our economic policy settings.
The New Zealand Initiative’s research includes analysis of regulatory and fiscal policy. We explore how incentives can promote economic development, and we investigate the social effects of economic policy.
Our research as also warned of the perils of loose monetary policy and detailed how central banks have increasingly become occupied with non-core business.
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This is The New Zealand Initiative’s 2026 Prescription for Prosperity. Since 2017, the Initiative has prepared a briefing for the incoming government. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Commerce (Commerce Commission Reform) Amendment Bill (the Bill) is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
1. INTRODUCTION AND SUMMARY 1.1 This submission on the Commerce (Promoting Competition and Other Matters) Amendment Billis made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
1. INTRODUCTION 1.1 The New Zealand Initiative welcomes the opportunity to comment on the Fast-track Approvals Amendment Bill (FTAAB). Read more
1. INTRODUCTION AND RECOMMENDATIONS 1.1 This submission to the Reserve Bank of New Zealand (RBNZ) on its 2025 Review of Bank Capital Requirements (the Review) and accompanying consultation paper (the Consultation paper)1 is made by The New Zealand Initiative, an independent think tank supported primarily by major New Zealand businesses. Read more
If the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029. The period of structural deficits will have lasted almost a decade. Read more
Wellington (Wednesday, 27 May 2026) – New Zealand can be a much more prosperous country, and the policy choices needed to get us there are well within reach, says The New Zealand Initiative’s Executive Director, Dr Oliver Hartwich. The Initiative today released Prescription for Prosperity 2026, its fourth briefing to an incoming government. Read more
With energy prices spiking, an old idea has gathered fresh momentum: break up the big electricity companies. New Zealand First put the proposal on its agenda at the party’s State of the Nation address, calling for the four gentailers, companies that both generate and retail power, to be split apart. Read more
Heather du Plessis-Allan discussed Dr Bryce Wilkinson's NZ Herald article on Newstalk ZB, drawing on his analysis of the 1970s oil shocks as a cautionary lesson for today's politicians. Dr Wilkinson argues that the government should resist pressure to intervene through price controls, subsidies, or fuel tax cuts, and instead rely on price signals and targeted income relief for the most vulnerable, while leaving risky energy investments to private capital. Read more
Brent crude hit $112 a barrel last Friday. Goldman Sachs says it could reach $147 if the Strait of Hormuz stays closed; the futures market predicts it will be $86 in six months. Read more