Monday, June 1, 2026
Dr Eric Crampton: Open markets are still the best way to a fair economy
Labels: Auckland’s Unitary Plan, Commerce Commission, Competition, Dr Eric Crampton, Open marketsThe strongest protection tenants can have is plenty of other potential places to rent, from different landlords eager to rent them a home.
When zoning rules make it very difficult to build new housing, existing landlords do not face much potential competition. If every landlord has dozens of tenants racing to submit applications as soon as a property becomes vacant, landlords will have a lot of power over their tenants. And rents will be high.
Dr Michael Johnston: Let’s trade the fees-free tertiary funding for something that works
Labels: Dr Michael Johnston, Fees-free tertiary fundingThe worst-kept secret of this afternoon’s budget is that the entitlement to a fees-free year of tertiary study will be scrapped. On 8 May, New Zealand First leader Winston Peters ‘leaked’ the policy change on Newstalk ZB. Finance Minister Nicola Willis subsequently confirmed Peters’ claim.
The fees-free policy was implemented in 2018. Incoming Prime Minister Jacinda Ardern had announced to prospective tertiary students, “your first year is on me.” It wasn’t, of course. It was on New Zealand taxpayers, and it has cost them approximately $350 million per year ever since.
Dr Oliver Hartwich: A prescription that fits
Labels: 2026 Budget, Dr Oliver Hartwich, Economic Growth, The reform challengeThis week’s Budget confirmed what most New Zealanders already suspected. The government’s finances are tight, the deficit persists, and there is no pot of money waiting to be spent on the country’s problems.
Just as well, because government spending never delivers growth or prosperity. The question is, what will?
Henry Olsen: Let Them Eat Slop!
Labels: AI assistance, Henry OlsenIn an age of unprecedented technological upheaval — an upheaval more consequential than even the advent of fire or settled agriculture — we find ourselves standing — quite literally — at a crossroads.
The question isn't whether AI will transform writing — it’s what we lose when we let it.
Dr Eric Crampton: Fingers crossed
Labels: Dr Eric Crampton, Returning to structural surplus, SuperannuationIf the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029.
The period of structural deficits will have lasted almost a decade.
Without those lucky breaks, including at the Strait of Hormuz, deficits will extend for longer. And it beggars belief that a decade of structural deficits is consistent with the fiscal responsibility provisions of the Public Finance Act.
Bob Edlin: Budget Day surprise – Upston’s Bill to modernise social security systems is rushed through three readings
Labels: Bob Edlin, Dr Andrew Chen, Louise Upston, Social Security (Modernisation) Amendment BillFresh from telling us she is comfortable about collecting $1000 a week to live in her own Wellington apartment because she has “followed the rules”, Social Development Minister Louise Upston popped up yesterday to announce the Government is making changes “to improve and update the efficiency of the welfare system by modernising its processes”.
Alwyn Poole: Education … everyone knows change is needed but …
Labels: Alwyn Poole, Education crisis… there are so many signals that the current government is going about most things education related in the wrong way.
1. It is highly predictable that the teacher unions and most of the teaching sector will oppose most changes proposed by a center right government. However the Minister has neither reduced their power – or engaged well if she is not willing to do that.
2. The curriculum changes have been driven by a very narrow group of people with very slim engagement, understanding of our system, and endorsement from the wide sector. The qualifications and experience of the education sector has been significantly ignored by a “do what you are told to do” attitude from the Minister.
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