When sacred cows become too holy to slaughter
Every country has sacred cows: government programmes beyond criticism even when failing. Britain has the NHS, Australia has Medicare. Read more
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Every country has sacred cows: government programmes beyond criticism even when failing. Britain has the NHS, Australia has Medicare. 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
Dr Oliver Hartwich talked to Sean Plunket on The Platform about Labour's Future Fund proposal, explaining how it differs from New Zealand First's similarly named policy and noting it lacks detail on funding and operations. Dr Hartwich highlighted contradictions between the fund's dual mandate, compared it unfavourably to Singapore's Temasek Fund, and identified protecting state assets from privatisation as the real political purpose behind the proposal. 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
Kerre Woodham discussed our report "Owning Less to Achieve More" on Newstalk ZB, which advocates for housing vouchers instead of state-owned housing. Woodham endorsed the report's findings that government housing vouchers would empower vulnerable tenants by giving them choice in landlords, whilst highlighting the report's criticism of Kāinga Ora's high maintenance costs and inefficient management. Read more
Why does the government need to continue owning or managing more than 77,000 housing units, given its poor track record in this area, especially when state assistance can be provided without extensive government ownership? And why does it not release more land for housing? Read more
Wellington (Thursday, 16 October 2025) - Why does the government need to continue owning or managing more than 77,000 housing units, given its poor track record in this area, especially when state assistance can be provided without extensive government ownership? And why does it not release more land for housing? Read more
Dr Bryce Wilkinson talked to Ryan Bridge on Newstalk ZB about his report finding that operating Kainga Ora's 77,000 state houses costs twice as much as the private sector. He argued for transferring state housing to community housing providers or tenants themselves, citing international examples and emphasising the need to empower tenants with more housing options. Read more
Dr Bryce Wilkinson talked to Wallace Chapman on RNZ's The Panel about the our report "Owning Less to Achieve More", which proposes housing vouchers for state housing tenants as an alternative to direct government ownership. Dr Wilkinson explained how vouchers could empower tenants through provider choice, similar to the pre-school education model, while panellists Sue Bradford and Dean Hall debated the importance of housing stability versus addressing inefficiencies in the current system. Read more
“We have no money, so we shall have to think.” That line is ascribed to New Zealand physicist Ernest Rutherford before he cracked the atom. The country’s current Prime Minister, Christopher Luxon and his Finance Minister Nicola Willis face a rather different conundrum, albeit under the same constraint: How do you deliver modern infrastructure when Treasury’s 2025 long-term fiscal statement projects government debt reaching 200 per cent of GDP by 2065? Read more