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Media release: Think tank welcomes LGNZ funding report

Wellington (2 February 2015): The New Zealand Initiative has welcomed the launch of LGNZ’s latest discussion paper on local government funding as an important step towards improving how councils deliver services to communities. The think tank’s Executive Director, Dr Oliver Hartwich, said New Zealand has one of the most centralised forms of government among developed countries, with 90 cents in every tax dollar spent by officials in Wellington. Read more

2 February, 2015

Scaffolding Regulation: The Morality of Cost-Benefit Analysis

One critical response to my 12 January 2015 Dominion Post article here on the need for the benefits from government scaffolding regulation to exceed the costs asserted that: This misses the point that that decisions about people's safety at work should never be based solely on money. There is a moral test that also needs to be satisfied. Read more

Dr Bryce Wilkinson ONZM
Insights Newsletter
30 January, 2015

Media release: RMA changes welcome, but problem bigger than housing

Wellington (22 January 2015): The New Zealand Initiative has welcomed the overhaul of the Resource Management Act, in particular the focus on housing affordability and the restoration of property rights, but is still concerned about the ambiguity surrounding Section 5. The latest overhaul of the legislation was announced yesterday by the Hon Nick Smith, Minister for the Environment and Minister for Building and Housing, citing economic research that indicated the RMA had cost the country 40,000 homes and added $30 billion in costs. Read more

22 January, 2015
Poverty of Wealth cover border

Poverty of Wealth: Why minerals need to be part of the rural economy

This report, the first in a two-part series, seeks to examine the factors that prevent greater mineral extraction in New Zealand, a business model that could help stem some of the economic pressures faced by many of the country's rural regions. The key findings of Poverty of Wealth are that: Rural New Zealand is in decline Economic growth is concentrated in urban areas, particularly Auckland, Wellington and Christchurch, whereas seven of the rural regions recorded negative economic growth in the year ending March 2013, and a further two recorded flat growth. Read more

1 December, 2014

Calling for immediate action to tackle housing crisis

New Zealand is far from the only country in the world facing a housing affordability crisis, according to the latest international report. According to the International Monetary Fund’s Global Housing Watch, surging property prices are a global epidemic, with GDP-weighted house prices having risen steadily for seven quarters in a row. Read more

Khyaati Acharya
Insights Newsletter
5 September, 2014

Empty Nests, Crowded Houses

Our regular readers will not be surprised that we believe the high cost of housing is a major challenge facing New Zealanders. As a crucial election issue, we have eagerly awaited each major party’s housing announcements, hoping they will pave the way for restoring housing affordability. Read more

Insights Newsletter
29 August, 2014

Rental WOF gets failing mark

With housing back in the pre-election spotlight, the Green Party this week launched their policy package, targeted at an often overlooked segment of the voter spectrum – renters. The problem, as the party sees it, is that a significant proportion of rental stock is in poor condition, and security of tenure for renters is weak, giving landlords disproportionate power in the contractual arrangement. Read more

Insights Newsletter
29 August, 2014

Media release: Nat’s housing policy will drive prices sky high: NZ Initiative

Wellington (25 August 2014): National’s Homestart policy will fuel higher house prices and make it harder for Kiwis to enter the housing market, according to economic think-tank The New Zealand Initiative. Executive Director Dr Oliver Hartwich says any housing policy aimed at making housing more affordable must start by increasing supply. Read more

25 August, 2014

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