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When presenting Budget 2021 in May, Finance Minister Grant Robertson announced that an unemployment insurance (UI) scheme was being developed for New Zealand. Prior to this, the Productivity Commission had considered UI as part of its inquiry into technological change and the future of work, as had the Ministry of Business Innovation and Employment (MBIE). Read more
On 26 October 2021, the Reserve Bank released Climate Changed 2021 And Beyond. The report, timed to coincide with the COP26 climate change summit in Glasgow, showcases the Reserve Bank’s efforts to reduce its greenhouse gas emissions and new climate change disclosure rules for banks. Read more
New Zealand must prepare for next global financial crisis New Zealand’s economy suffered less damage from the pandemic than analysts expected. But new research warns, however, that just as we are emerging from the COVID-19, a new crisis is already on the horizon. Read more
Closing his 2020 Budget speech, Finance Minister Grant Robertson looked back to the First and Fourth Labour governments for lessons on how to tackle New Zealand’s current economic challenges. His first history lesson was that the way forward today lay in the “great traditions of the First Labour Government” (1935–49) that “rebuilt New Zealand after the Great Depression” under Prime Minister Michael Joseph Savage. Read more
This submission in response to the Commerce Commission’s (Commission) Market study into the retail grocery sector draft report, is made by The New Zealand Initiative (the Initiative), a think tank supported primarily by major New Zealand businesses. In combination, our members employ more than 150,000 people. Read more
The personal grievance provisions of the Employment Relations Act 2000 (ERA) prevent an employer from firing an employee without good cause. Instead, dismissals must be justified. Read more
Read our submission to the Ministry for the Environment on phasing out fossil fuels in process heat. The New Zealand Initiative fully supports New Zealand’s emissions targets. Read more
The Emissions Trading Scheme (ETS) uses prices to lower emissions. The scheme launched in New Zealand in 2008 and it is now one of the best-designed schemes in the world. Read more
In our submission to the Climate Change Commission on the draft emissions budget, we support the commitments to emissions targets under the Paris agreement and to net zero emissions from 2050. We have two overarching recommendations that we explain in the submission: 1. Read more
The year 2020 was one none of us will forget in a hurry. Lives were put on hold. Read more