At the end of October, governor of the Reserve Bank Adrian Orr boldly asserted in a speech that climate change is “a key risk to global financial stability.” He made the case for urgent “transformation” as an “important, imminent, and personal” issue. Although the Reserve Bank Act does not mention climate change, the RBNZ is responsible for financial stability. Read more

Read our submission, written by Dr Bryce Wilkinson to Treasury and the Reserve Bank. This submission is in response to the third round of consultation on Phase 2 of the review of the Reserve Bank of New Zealand Act. Read more

New Zealand faces its worst recession in nearly a century. Unfortunately, the economic response to the challenges of Covid-19 leaves much to be desired. Read more

On August 8, Prime Minister Jacinda Ardern said the Government would consider loosening New Zealand’s border controls and strict visa regime. Ardern said the Government is “keen to get local businesses more access to essential skilled workers to help grow the economy and create opportunities for resident Kiwis.” The Government is right to be concerned about this issue. Read more

This report examines the strengths and weaknesses of New Zealand’s arrangements for prescription medicines. Central to them is the Pharmaceutical Management Agency, Pharmac, a Crown entity. Read more