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The NZBR has taken a close interest in Commerce Act issues because of the pervasive influence of the Act on commercial decision making in New Zealand. Read more
Norman Barry defends the morality of Anglo-American business, a form of which is practised in New Zealand, against critics who argue that market morality has to be imposed from outside. He claims that proposals to impose wider forms of ‘social responsibility’ on firms would be bad for business and, therefore, for society. Read more
We have supported moving to a single competition threshold test that would apply to trade practices and business acquisitions. Business acquisitions and trade practices are part of a continuum of possible contractual arrangements rather than distinctly different forms. They should therefore be subject to the same regulatory rules. Read more
The NZBR has taken a close interest in electricity sector reform issues over the past 15 years. We have strongly supported moves to put the industry on a more conventional commercial footing, subject to only light-handed regulation. Read more
Over the past two decades, economic policies across the world, and economic systems with them, have changed their character, their complexion. To an extent that few anticipated before the event, a large and growing array of governments have adopted measures, and in some cases whole programmes, with the intention and the effect of making their economies freer, more open and less regulated: both individually and in concert, they have taken the path of economic reform. Read more
In the NZBR's view the Coalition government's 1997 and 1998 budgets were risky to the point of imprudence. The Asian crisis has merely served to expose dramatically the underlying weaknesses in fiscal and growth strategies adopted during the last and current parliamentary terms. The present weak and unbalanced state of the New Zealand economy (with a large current account deficit) owes much to inadequate fiscal discipline. Read more
This study provides additional reasons why the government should avoid delay in implementing its decision to remove the statutory backing of producer boards. Previous work sponsored by the New Zealand Business Roundtable (NZBR) on the consequences of granting export monopolies to producer boards has pointed to inefficiencies associated with the exclusion of competition in export marketing. Read more
In broad terms the argument for raising the adult and youth statutory minimum wage rates is that it would increase the incomes of low-wage employees and produce a fairer distribution of income. People higher up the wage scale may also enjoy smaller wage gains as a consequence of increased demand for substitutes for low-productivity labour. Read more
This report looks at the theoretical framework of antitrust law and the situation in foreign jurisdictions, it analyses the status quo in New Zealand and makes suggestions for reform of the Commerce Act. Read more
New Zealand farmers have a long history of seeking to control the processing and marketing of agricultural products through cooperatives. An important distinguishing characteristic of these firms is that suppliers of the raw material are also the suppliers of risk capital. Read more