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One of the pleasures of my job as Executive Director of The New Zealand Initiative is hosting events with Ministers explaining their new policies to our members. Last week, we hosted Workplace Relations and Safety Minister Brooke van Velden at our annual retreat. Read more
In this episode, Oliver interviews Jemma Stevenson, a new economist at The New Zealand Initiative, about her background and current research on government inefficiency. Jemma is working on a sequel to the Initiative's research on "Cabinet Congestion," examining whether New Zealand's complex government structure of 81 portfolios and 28 ministers leads to increased spending compared to more streamlined systems like Norway's. Read more
Dr Oliver Hartwich was featured in Newstalk ZB's news segments on Adrian Orr's resignation as Governor of RBNZ. Listen below. Read more
Every student of game theory knows that madness can have its advantages. If your enemy believes you will retaliate, regardless of the cost to yourself, they may think twice before crossing you. Read more
“New Zealand is the best country on Planet Earth,” Christopher Luxon keeps telling anyone. Indeed, he has been saying this since before becoming Prime Minister. Read more
Wellington (Tuesday, 25 February 2025) - A new report by The New Zealand Initiative shows the government owns $571 billion in assets - equivalent to $275,000 for every Kiwi household. "The returns from these government-owned assets don't even cover the interest costs on the money borrowed to buy them," says Dr Bryce Wilkinson, author of The People's Portfolio: A $571 Billion Question. Read more
Everybody knows the dice are loaded. At least according to Canadian policy analyst Leonard Cohen. Read more
The government has made increased competition a highlight of its economic growth agenda. So, one might have hoped that a targeted review of the Commerce Act would aim at the big problems blocking open and competitive markets. Read more
Ryan Bridge on Newstalk ZB highlights the New Zealand Initiative's report on government bureaucracy, which reveals that Aotearoa has 44 per cent more ministers, nearly triple the portfolios, and one and a half times more departments compared to similar nations. Bridge uses Ireland as a key comparison, emphasising how they manage with just 15 ministers and 18 departments, while questioning why New Zealand needs 78 portfolios and 40 agencies to function effectively. Read more
It’s fair to say that economists like competition. It’s also fair to say that, when politicians start talking about competition, economists ought to get a little bit nervous. Read more