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Wellington has a lot of problems. No one thing will fix all of them. But the current review of council ratings policy could fix an important problem and provide an example for other urban councils. Read more
It may be too early to read too much into the Government's higher than expected deficit. Latest Treasury figures show the Government has recorded a $7 billion deficit for the ten months to April. Read more
In my last column, I used a puzzling proverb to show that we can’t simultaneously have low inflation and cheap money. Today, I use the equally puzzling comment made by Adrian Orr in the OCR announcement that the government is ‘more of a friend than foe’ to explore the relationship between our government and the Reserve Bank. Read more
New Zealand is globally known as a rich tapestry of cultures, but what does that really mean on the ground and how does it shape the world of business and innovation? It's not just about customs and conventions that we can observe and learn. Read more
When I was a lad in the 1950s, I absorbed from adults the notion that it was shameful to be reduced to applying for a state handout. Self-reliance was virtuous. Read more
Wallace Chapman and panellists Sue Bradford and Dean Hall are joined by the Initiative's Dr Eric Crampton to discuss the superannuation age. Read more
After spending an embarrassing amount of time trying to figure out whether paying NZ Steel an enormous amount of money to install a new electric furnace made any kind of sense, I have finally come to a conclusion. If the subsidy does make sense, it would indicate severe problems in how industrial allocations have been handled. Read more
“There is a lot of ruin in a nation.” It is one of those sayings that is easy to misinterpret. Taking Adam Smith’s famous quote literally, there are so many ways for a country to go wrong. Read more
Last week’s government Budget increased projected government operating spending over the next four years by $8.4 billion while projected revenue fell by $10.7 billion. Projected government borrowing rose by $20 billion. Read more
Let’s imagine a computer game, shall we? It is called ‘Master Lobbyist’, and your job is to play the governments of two countries off against each other. Read more