Lessons in market signals as electricity crisis recedes (for now)
Misguided good intentions paved the way for this winter’s energy crisis. Fortunately, the country has avoided blackouts. Read more
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Misguided good intentions paved the way for this winter’s energy crisis. Fortunately, the country has avoided blackouts. Read more
A Bargain Chemist in Upper Hutt has been unable to dispense prescriptions since it opened in 2022. Its website simply notes “Prescriptions not currently available”. Read more
This week the Reserve Bank of New Zealand’s Monetary Policy Committee (MPC) lowered the Official Cash Rate (OCR) from 5.50% to 5.25%. Many market economists predicted this change. Read more
If you have ever attended an Australia-New Zealand business conference, you will know how predictable they have become. So much so, one could script them in advance: effusive declarations of being family, obligatory jokes about rugby and pavlova, followed by the same old gripes about mutual recognition and franking credits. Read more
Imagine a New Zealand where every major company is neatly divided between the North and South Islands. You would fill up at BP North Island or BP South Island, shop at The Warehouse North Island or The Warehouse South Island and get your mobile service from Spark North Island or Spark South Island. Read more
It’s hard not to marvel at Silicon Valley’s technological innovations. But I’m dumbfounded by the social science experiment they’ve been working on. Read more
1.1 This submission on the “Consultation on the Scope of the Treasury's Long-term Insights Briefing” is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
On July 15, Foodstuffs North Island welcomed us to their Auckland headquarters for a high-profile event unveiling GDPLive's latest iteration - the world's first real-time GDP and inflation tracker. Acting Prime Minister Hon David Seymour, Foodstuffs North Island CEO Chris Quin, and Massey University's Professor Christoph Schumacher and Dr Teo Susnjak delivered compelling presentations on the platform's advancements. Read more
“And some things that should not have been forgotten were lost.” Gandalf This week and last week, The Listener ran five articles revisiting New Zealand’s economic reforms from 1984 to 1993. Four of those articles had little good to say about them, or the people who led them with such clarity, courage and determination. Read more
Wellington (Wednesday, 10 July 2024) - The New Zealand Initiative is urging the government to abandon the Fair Digital News Bargaining Bill, warning that the proposed legislation could harm the very news organisations it aims to help. In a new research note, the Initiative argues that the bill, which would require large digital platforms to negotiate payment for news content with New Zealand media companies, is based on flawed premises and risks significant unintended consequences. Read more