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Media Release: Free money isn't free – new report says the Government must be fiscally cautious

Wellington, 22 April - No matter how seductive it sounds, central bank funding of the additional government spending on Covid-19 would set New Zealand on a dangerous path, according to a new report by the New Zealand Initiative. The report, Deficit spending in a crisis: why there is no such thing as a free lunch, highlights some concerning ideas from both the government and the Reserve Bank about expanding the money supply to help pull New Zealand out of the Covid-19 economic crisis. Read more

Media Release
22 April, 2020
Covid 23

Coronavirus: New Zealand's response to pandemic far better than most countries

If the only economics you ever learned was from watching Ben Stein's lecture in the classic film Ferris Bueller's Day Off, you'll still have learned something awfully important for the economic recovery from the pandemic. And it's a lesson that New Zealand and Singapore have taken to heart - as evidenced by the trade agreement Trade Minister David Parker struck last week. Read more

Dr Eric Crampton
Stuff
20 April, 2020

Media Release: More flexible, principles-based criteria needed for businesses permitted to operate under Alert Level 3

Wellington, 14 April - The New Zealand Initiative welcomes comments from Finance Minister Grant Robertson today before the Epidemic Response Committee about the need for a principles-based approach to what businesses will be able to operate at Alert Level 3. New Zealand Initiative Executive Director, Oliver Hartwich said: “The essential/non-essential categorisation of businesses or business activities at Alert Level 4 was cumbersome, bureaucratic and difficult for both businesses and consumers. Read more

Media Release
14 April, 2020

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