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New Zealanders should not be too proud to learn from others. In 2017, The New Zealand Initiative led 36 senior business leaders to visit Switzerland for this purpose. Read more
There are no silver bullets in housing and infrastructure policy. Too many separate problems compound, resulting in a severe housing shortage and some of the world’s least affordable housing. Read more
This submission in response to Consultation on New Zealand Grocery Supply Code of Conduct is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. Read more
Central banks, above all, are responsible for overseeing financial stability and controlling inflation. Many central banks, including the Reserve Bank of New Zealand (RBNZ), have inadvertently fueled excessive inflation through their responses to Covid-19, resulting in massive losses on taxpayers. Read more
This submission in response to the Grocery Industry Competition Bill is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. The Initiative has been actively involved in the Commerce Commission’s market study process investigating retail grocery competition. Read more
Taxpayers commonly work hard to earn the money that governments take in taxes. Knowing the effort sacrificed they naturally want governments to spend that money wisely and well. Read more
Last month, the Initiative published an essay listing six mistakes Graeme Wheeler and I argue the world’s major central banks widely made in responding to COVID. The New Zealand media interpreted this as an attack on the RBNZ. Read more
A research note released today by The New Zealand Initiative mainly attributes the outbreak of inflation in many economies to central bank mistakes. Co-authored by Graeme Wheeler, former Governor of the Reserve Bank of New Zealand, and Bryce Wilkinson, Senior Research Fellow at The New Zealand Initiative, the paper argues that central banks overall: were too confident about their monetary policy framework; were too confident about their models; were too confident they could control output and employment; lost their focus on price stability and took on too many mandates; faced conflicts in some cases with conflicting ‘dual mandate’ objectives; and were distracted by extraneous political objectives, such as climate change. Read more
Read our submission, written by Dr Bryce Wilkinson to the Reserve Bank of New Zealand. This submission responds to the Bank’s 1 June 2022 consultation paper, Supporting New Zealand’s economic stability. Read more
In making this submission, we have drawn on the research and recommendations in our report, Work in Progress: Why Fair Pay Agreements would be bad for labour (July 2019) (our Report). A copy of our Report is appended to this submission. Read more
