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As the saying goes, everything in fashion eventually returns. And so it seems in the economy. Read more
Kiwi households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem. Matt Burgess talks to Oliver Hartwich about his latest research note. Read more
Newstalk ZB’s Mike Hosking summarises the findings of our latest cost-of-living research, The rising cost of living for Kiwis.
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Wellington (Thursday, 24 March 2022) – Kiwis households are paying more than $3,000 extra on essentials than they were 12 months ago, and policies implemented by the Government and Reserve Bank are contributing to the problem, according to new research from The New Zealand Initiative. The rising cost of living for Kiwis, shows New Zealand has the second-highest inflation rate among our major trading partners, besides the USA, and this is plausibly the result of excessive government stimulus. Read more
Double jeopardy is a defence that prevents a person being tried twice for the same offence. Unfortunately for the Government, the defence is not available for bad public policy decisions. Read more
Russia’s invasion of Ukraine combined with a global pandemic and a Reserve Bank that has forgotten its core inflation mandate do not make a case for cutting petrol excise and road user charges. And yet, here we are. Read more
Eric Crampton talks to Kate Hawkesby on NewstalkZB Early Edition about whether the Government's fuel discount will help those dealing with increases to the cost of living. Read more
The Government has reduced fuel excise duty and public transport costs to help curb rising living costs. Eric Crampton talks to Wallace Chapman on Radio NZ - The Panel about how effective this will be. Read more
The latest survey of New Zealand economists provides a clear steer for climate policy. Rather than use policies like fuel economy standards for imported vehicles, which target emissions already covered by the Emissions Trading Scheme’s cap on net emissions, the government should simply tighten the cap more quickly. Read more
The National Party has promised to cut taxes and raise income tax brackets. Who will win and who will lose when taxes are cut? Read more