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It is easy to squander taxpayers’ money if you are a central bank. The losses amount to a few thousand dollars per household, but hardly anyone is aware of it. Read more
The Initiative undertakes research that contributes to the development of sound public policies in New Zealand and the creation of a competitive, open and dynamic economy and a free, prosperous, fair and cohesive society. The Initiative’s members include two New Zealand supermarket operators, Woolworths New Zealand and Foodstuffs North Island. Read more
Another Groundhog Day week in our never-ending Covid crisis. We got an announcement on Monday for another on Wednesday. Read more
The news that our public service is ranked second in the world, according to a UK survey, was overshadowed by two events last week which cast it in a less positive light. New Zealand’s public service placed second in the International Civil Service Effectiveness (InCiSE) Index from Oxford University. Read more
Bryce Wilkinson and Leonard Hong discuss their latest report "Walking the path to the next global financial crisis" and the implications for New Zealand. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
In May, Budget 2021 revealed that work was underway to develop an unemployment insurance scheme. This would see benefits tied to past employment and wages in some way, and those benefits would be generous compared to the status quo. Read more
When presenting Budget 2021 in May, Finance Minister Grant Robertson announced that an unemployment insurance (UI) scheme was being developed for New Zealand. Prior to this, the Productivity Commission had considered UI as part of its inquiry into technological change and the future of work, as had the Ministry of Business Innovation and Employment (MBIE). Read more
Wellington (Thursday, 11 November 2021) A new unemployment insurance scheme would be another tax on income, with little benefit, and increase unemployment, according to a new report from The New Zealand Initiative. The think tank warns that the scheme could constitute a 2 – 3% tax increase for every Kiwi worker in the medium-term. Read more
Mike Hosking reviews Eric Crampton's Newsroom article on central bank independence. In the article Eric says Central banks have a very big and important job. Read more
Senior Fellow Dr David Law discusses his new paper on the Government’s plans to introduce an unemployment insurance scheme. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more