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Labour finally announced some election policies this week: a new public holiday, a cap on bank fees and a new top rate of income tax. It is easy to point out what all these measures have in common. Read more
Wellington, 9 September 2020 – If Labour’s goal is to get debt back under control then it would make more sense to prune back spending, such as on superannuation, says David Law, senior research fellow at The New Zealand Initiative. Today, Labour finance minister Grant Robertson announced a lift in the top tax percentage from 33% to 39% for anyone earning over $180,000. Read more
When you think of Sweden, does Abba come to mind? What about meatballs or furniture stores? Read more
It wasn’t that long after the Christchurch earthquakes that the calls for rent control came. The earthquakes had destroyed thousands and thousands of homes. Read more
In this week’s New Zealand Initiative podcast, the world’s media is closely watching how Sweden’s tackling of the Covid-19 virus plays out. It appears the Nordic country has opted for a herd immunity strategy, as opposed to elimination or containment. Read more
Politicians like shovelling out money for shovel-ready projects. But let’s call a spade a spade: When push comes to shovel, it does not matter if projects are ready. Read more
Some countries have clear advantages during a pandemic. For instance, New Zealand is surrounded by a thousand-kilometre moat. Read more
If we take one overarching political lesson from the Government’s “shovel-ready” spending fiasco and the school of environmental voodoo, it’s this: Principles are dangerous things. It’s best not to have them. Read more
On August 8, Prime Minister Jacinda Ardern said the Government would consider loosening New Zealand’s border controls and strict visa regime. Ardern said the Government is “keen to get local businesses more access to essential skilled workers to help grow the economy and create opportunities for resident Kiwis.” The Government is right to be concerned about this issue. Read more
Wellington, 3 September 2020 – A chokepoint at the border is blocking entry of critical workers and suffocating the economy, according to a new paper from The New Zealand Initiative. New Zealand’s small size means both the public and private sectors often need international experts with niche skills. Read more