While the economy is not doing too badly in output terms, external circumstances are not favourable, and there is probably a sizeable group of households struggling because of rising interest rates.
Read MoreHas There Been External Structural Change?
A close analysis of the Treasury assessment of the Medium Term in its PREFU 2023 suggests the economy may be entering a new phase.
Read MoreThe electorate swing, Labour limbo and Luxon-Hipkins two-step
Chris Hipkins needs a new song and dance routine and fast, or he could be doing the limbo and losing the next generation of Labour's leaders
Read MoreWhat is PREFU 2023 really telling us?
Despite the headlines, things are not much worse than at the time of the 2023 budget, but fiscal management is always difficult.
Read MoreNational, ACT & NZ First: Delivering the sun or just beach cricket?
Ignoring Tax Tradeoffs
Public policy frequently suffers because we don’t look at alternatives.
Read MoreChinese Property Market and New Zealand’s Future
Evergrande and Country Garden – two giant Chinese property development companies – are a portent of the turbulence before us.
Read MoreBullying Politicians
Banning mobile phones in schools points to wider issues.
Read MoreCredit Ratings and International Financial Standing
The recent reduction in the US credit rating signals that market lenders are not happy with the US fiscal arrangements. New Zealand’s lower rating is a warning that we could do better too.
Read MoreThere Are Wider Lessons to be Learned From the Failures in the Management of the Health System
It is the professionalism – competence and integrity – of the doctors, nurses and technicians who provide the care which obscures the managerial failure.
Read MoreThinking Slow Or Thinking Fast?
It is too easy to react to a problem rather than to tackle it thoughtfully.
Read MoreGoverning a Region Far Far Away.
The Chatham Islands flag waves above the New Zealand one. Perhaps the Chathams offer insights on to how to govern New Zealand better.
Read MoreTaxing Issues
A canter through some of the issues facing tax policies.
Read MoreDo We Want a Regulatory Standards Act?
Its principles may involve outcomes which are not in the public interest.
Read MoreIs a Recession the Worst of Our Worries?
Are we evaluating the economy on the right criteria? Perhaps we should be paying more attention to rising overseas debt.
Read MoreThe GDP Fetish
We have it around the wrong way. The issue is not what the arts contribute to market output. It is what market output contributes to the arts – and a lot more besides.
Read MoreAre We Sure That We Have a Well-Functioning System of Government?
Why doesn’t our government reflect New Zealanders; why doesn’t Parliament make them?
Read MoreAccountability and Archives New Zealand
Was another IT debacle inevitable given the management arrangements?
Read MoreWhat Do Economists Do?
Steven Levitt, famous for his Freakanomics, shows that being an economist is not just mouthing supply and demand.
Read MoreThe Economic Runup to the Election.
The Treasury released its budget economic forecasts. What do they say about the economy over the next four months?
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