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research note monetary polichy

Monetary Policy Without Mates: Why the Reserve Bank is Right to Focus on Price Stability

The Reserve Bank of New Zealand has been unfairly scapegoated for the current recession when it was simply doing its job of bringing inflation under control. The research note, Monetary Policy Without Mates, reveals that while the RBNZ fought to tame inflation that peaked at nearly 8%, the government's fiscal policy worked against these efforts – forcing interest rates to stay higher for longer. Read more

Dr Oliver Hartwich
Dr Eric Crampton
Dr Bryce Wilkinson ONZM
Research Note
23 September, 2025
2025 08 15 Going for Housing Growth

Submission: Going for Housing Growth Pillar 1: Freeing up Land for Urban Development

The New Zealand Initiative is pleased to submit our comprehensive response to the Government’s Going for Housing Growth Discussion Document focusing on Pillar 1 proposals. This submission represents our analysis of how the proposed reforms can best achieve the stated objective of enabling competitive urban land markets to restore housing affordability in New Zealand. Read more

Submission
15 August, 2025

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