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New Zealand

The price of diplomacy is worth paying

We should be prepared to defend government’s unpopular spending decisions where we believe them to be justified. The boost to New Zealand’s diplomatic capacity is just such a decision. [...]

An assault on representative democracy

The Waka Jumping Bill is more reminiscent of early 20th century Germany than suited to 21st century New Zealand. It would be an aberration of New Zealand’s democratic tradition if it were passed into law. [...]

Caution needed on value capture

As tempting it may appear to tap into land value uplifts, we need to be cautious. The model can work – but we need to apply it only in the cases where it can work. [...]

Changing the monetary guards

Adrian Orr has his work cut out. He will migrate the Reserve Bank towards a changed operating model while having to maintain its credibility for keeping prices relatively stable. [...]

The Reserve Bank in Wonderland

With its new Policy Targets Agreement, the Reserve Bank has arrived in Wonderland. It looks as if it has a new employment target. But it is (thankfully) subject to interpretation. [...]

A question of optics

Few countries run as much on informal relationships as New Zealand. But that makes it even more important to adhere to good governance practices. [...]