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Every year around Christmas time, the government provides a sneak preview of the coming year's budget. At the same time, Treasury provides its take on the state of the books. Read more
Walk through Wellington, and you will see plenty of empty shopfronts and shuttered cafes. Switch on the radio, and you will hear experts say this is the best time to buy a house in years. Read more
The Supreme Court’s Uber judgment (Rasier Operations BV v E Tū Inc [2025] NZSC 162) has delivered clarity of a sort. The Court dismissed Uber’s appeal, upholding the finding that drivers are employees when logged into the Uber app. 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
Announcements earlier this month make the Emissions Trading Scheme a bit less credible over the longer term. The problem can be fixed – and relatively easily. Read more
Now that we’re getting towards the end of the year, and I’m getting towards the end of my time as a contributor to this newsletter, I’ve been thinking about the news story that most stood out for me this year and that best encapsulates my experience of this country. The obvious answer is the story of Ned the snail. Read more
The population of South Korea is about 51 million. In a hundred years, it will likely be about 11 million – a reduction of about 80%. Read more
This month’s Nobel Prize in Economics arrives at an opportune moment. The award to Joel Mokyr, Philippe Aghion and Peter Howitt for having explained innovation-driven economic growth provides a salutary reminder about what drives prosperity. Read more
Dr Eric Crampton talked to Corin Dann on RNZ's Morning Report about Labour's proposed NZ Future Fund, alongside Simplicity co-founder Sam Stubbs. Dr Crampton raised concerns about the fund's restrictions on asset sales and questioned whether it would create economic fragility rather than resilience, arguing that the $800 million in diverted dividends would need to be replaced through spending cuts or tax increases. Read more
There’s a very old saying that taxation is the science of plucking the chicken without making it squawk. The earliest form of the saying seems to go back to a 1766 letter from French economist Anne Robert Jacques Turgot to David Hume – though the exact origins are disputed. Read more