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Successful economies have low unemployment. However, these are no ordinary times, and New Zealand’s ultra-low unemployment rate of 3.2% should worry everyone. Read more

Last week, Inland Revenue Minister David Parker gave a speech titled “shining the light on unfairness in the tax system”. His speech defended an Inland Revenue investigation into the “tax paid by the wealthiest New Zealanders relative to their economic income”. Read more

If only the Government’s public relations staff were as good as Lotto New Zealand’s. Twice each week, Lotto asks us to imagine those millions of dollars coming our way in the Powerball draw. Read more

Revolutionary economic policies used to be reserved for centre-right politicians. The Zeitgeist was best expressed by Ronald Reagan: “We've gone astray from first principles. Read more

Governments like scapegoats. A good scapegoat can take the blame for something that is a government’s fault. Read more

There is potential value in having a country’s economic policies reviewed by international organisations. Done well, they provide residents with non-partisan expert perspectives. Read more

As the saying goes, everything in fashion eventually returns. And so it seems in the economy. Read more