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There are two things that the changes currently shaking up the media sector can teach us. The first is that the digital transition process is painful. Read more
The Parliamentary Commissioner for the Environment (PCE) has hired Crown research institute NIWA to draw up coastal hazard lines. Yet the 2012 hazard line guidance co-authored by NIWA staff fails to define, even in principle, what likelihood such lines are meant to represent, let alone justify that choice in cost-benefit terms. The folly of coastal hazard lines of unknown likelihood and net benefit is illustrated by the experience in 2012-14 of the Kapiti Coast District Council. Read more
When Harvard economist Ed Glaeser delivered a public lecture on urban economics in Christchurch in 2013, hosted by Canterbury’s Department of Economics and Finance, he was asked whether Christchurch would really recover. The question wasn’t crazy. Read more
It was more than a little bizarre when news broke on early Saturday morning that Greece and the eurozone had reached an agreement in their dispute over the country’s debt and bailout program. What was so strange about the deal was the fact that it was announced much earlier than anyone had anticipated. Read more
Much is made of New Zealand’s savings culture, or more accurately the lack thereof, which is presumably why the government established the Commission for Financial Capability (CFC). The Crown-owned entity, formerly known as the Centre for Financial Literacy and Retirement Income (say that three times fast), is tasked with giving financially vulnerable people the skills to become money savvy. Read more
New Zealand is not a cheap place to live – for a lot of reasons. We’re far from a lot of major markets, so shipping goods here can be expensive. Read more
For anyone who has recently travelled abroad, the pleasure of coming home to New Zealand is spoilt by an unpleasant observation. We have become one of the most expensive places on earth. Read more
The Christchurch Press has more details on 'courtsiding' at the Cricket World Cup. They're describing the folks placing bets based on up-to-date information at the game, as opposed to those on 15-second TV delay, as "betting cheats". Read more
Wellington has little to gain and a lot to lose by opting for a super-city, argues Oliver Hartwich. New Zealand’s local government units are typically already large by international standards. Read more
There's an old saying that goes ''if you always do what you've always done, then you will always get what you've always got''. While hardly the most enlightening insight of the century, it is advice both major parties in Parliament seem to have taken on board this year. Read more