Reports & Media

As we discussed in a previous issue of Insights, New Zealand is rated as one of the most congested countries in the world, according to the figures in the latest Tom Tom Traffic Index. The Amsterdam-based navigation company’s data shows that despite very small urban areas and a low population base, travelling in Auckland, Wellington, and Christchurch takes 31.3 per cent longer than it should, based on the optimal carrying capacity of the roading infrastructure. Read more

There are a few relationships in economics that are almost set in stone, with the odd exception to the rule. If supply increases, prices fall. Read more

In the for-and-against debate surrounding compact cities and their impact on housing affordability, Auckland and its Unitary Plan stand out as an oddity. The compact city term lacks a clear definition, but if you look for commonalities across the literature and practical examples of this urban form, two policy outcomes repeat themselves: urban growth restrictions and higher population densities. Read more

It is often said that tax is the price we pay for a civilised society. Indeed, taxes are necessary to fund key public services, including defence, law and order, the courts, border controls, civil defence, foreign affairs, public administration generally, and a contestably lengthy list of other potentially worthy activities of a collective nature. Read more

On Tuesday, I spoke at a conference organised by our sponsor, PortfolioConstruction Forum. The audience were mainly Australian and New Zealand investment advisors and wealth managers and my topic was the state of their respective economies. Read more

The government proudly announced this week that the percentage of students leaving school with minimum qualifications needed for a good life (NCEA Level 2) rose from two-thirds (67 per cent) in 2008, to over three-quarters (77 per cent) last year. Even more positively, the percentage of Māori students leaving school with NCEA Level 2 has increased from 44 to 59 per cent. Read more

Individuals should – and in most countries including New Zealand they do – ­have the right to make their own decisions about their lifestyle, such as which career path to follow, what to wear, and what to eat and drink. A number of lifestyle choices, particularly those regarding diet and exercise, have direct effects on an individual’s physical health. Read more

No, it was not a good start to the year for the European Union by any account. The French President had to spend more time sorting out his own private affairs than his country’s ailing economy, Italy managed to kick out the third Prime Minister in as many years, and the German Constitutional Court effectively killed the European Central Bank’s main policy to save the Euro. Read more

Foreign direct investment (FDI) is a contentious subject and there is no limit to the number of debates questioning the efficacy of inwards FDI to the economy. However, the link between investment, FDI and economic growth is well-established. Read more

This year is bound to be an exciting and tumultuous one, as the first tangible effects of the long-awaited economic recovery (in growth terms) coincide with the electoral cycle. Voters can expect the nature of the election promises on both sides of the line to change substantially, with politicians emboldened by the overall uptick in economic activity. Read more

In debating, speakers are not rewarded for having a superior argument per se. They are rewarded for convincing the audience that they do. Read more

Let us play a game of spot the odd one out. Which of the following has the highest level of traffic congestion: New Zealand, Australia, Canada, Western Europe or the United States? Read more

In 2012, Madam Ong laid a police complaint against her son’s teacher who had cut his hair prior to an exam and threatened to deduct marks for his scruffy haircut. Singapore’s Minister of Education, Mr Heng Swee Keat, contacted the school for their story and publicly agreed with one media commentator, that Madam Ong had caused a hullabaloo. Read more

Admittedly, judgements by the German constitutional court can sometimes be hard to understand. Last week’s ruling to pass on the matter of the European Central Bank’s bond purchases to the European Court of Justice is no exception. Read more