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Early this week, the government announced a rather distasteful plan. In return for giving regulatory favours to the Sky City Casino in the form of more favourable gambling regulations, the casino will build a massive conference centre. Read more
This week, The New Zealand Initiative released its first report: New Zealand’s Global Links: Foreign Ownership and the Status of New Zealand’s Net International Investments. The report contains 84 tables of statistical information relating to New Zealand’s inwards and outwards investments, and is accompanied by a spreadsheet on the website. Read more
It is often the case that reports by the Ministry of Economic Development (and now its successor, the rather pretentiously named Ministry for Business, Employment, and Innovation or MBIE) recommend further government interference in economic activities in the name of ‘helping business.' The much-vaunted ‘business growth agenda’ of the government, which few people outside of Wellington have heard of, has suffered from this fate. So it is refreshing to see an interesting and useful report into regional economic development being released by the Ministry. Read more
As good news continues to emerge about the government’s fiscal position leading into the budget, it is worthwhile reminding ourselves of recent reforms that put New Zealand into an internationally enviable position. Primarily, the government’s response to the global financial crisis was to make it easier to employ people, keep them employed, and keep more of their own money. Read more
Governments, worldwide, control the issuance of domestic money. That monopoly position creates the problem of determining how much money to print. Read more
On 6 May, it will be three years since the United Kingdom elected its first coalition government since World War II. The Cameron government has made rescuing public finances its most important goal – with the Coalition Agreement giving deficit reduction precedence over all other measures. Read more
As readers of Insights will no doubt be aware Baroness Margaret Thatcher, prime minister of the United Kingdom from 1979 to 1990, died this week at 87. Amid generous tributes, and rotten and distasteful rallies celebrating her passing, it is worth remembering her achievements and failings as prime minister. Read more
Last Thursday night, former Australian Prime Minister Hon John Howard spoke at The New Zealand Initiative's inaugural retreat in Auckland. Below is an edited excerpt of his speech in which shared his views on think tanks and how they influenced him during his time as a politician. Read more
Manufacturers and exporters have been complaining about the high Kiwi dollar for a long time. Opposition politicians are openly toying with the idea of changing the Reserve Bank’s mandate to manipulate the exchange rate downwards. Read more
Last night, former Australian Prime Minister Hon John Howard OM AC spoke to guests of the Initiative on 'Trans-Tasman Relations in the Pacific Century'. Today we have an excerpt from our chairman's welcome speech, and next week we will publish an excerpt from Mr Howard's speech. Read more
