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The Latest Breaking News from Eric Crampton

How a 'Rule of Two' could remove our barrier to better drug access

We need to address the unnecessary and wasteful Medsafe approval for tried and tested drugs by much bigger regulatory authorities abroad, argues Dr Eric Crampton

Newsroom.co.nz

On water reform National and Act are sailing on same course

National has committed to repeal Labour’s Three Waters legislation in its first 100 days, but legislation for a replacement regime will be needed quickly, writes Dr Eric Crampton

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Decoding major parties' economic credentials

There's no real data to suggest the economy is better off under a National or Labour government, writes Andrew Bevin

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National's 'carbon dividend' takes climate cash for tax cuts

National says its tax plan includes a "carbon dividend" but economists say the party is wrong and the policy won't accomplish what it promises.

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Counting the benefits of big events

The country's been promised big economic benefits from co-hosting the FIFA Women's World Cup. But do the figures stack up?

Newsroom.co.nz

Polarising carbon capture tech back on NZ radar

The energy sector wants Government to urgently introduce regulations enabling carbon capture and storage in New Zealand, as a way to cut CO2 emissions. But as Nikki Mandow finds out, others have very different opinions.

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Reserve Bank would back a Commerce Commission probe into bank profits

Some retirees could face a cold and hungry winter, as costs rise and banks slow-pedal their term deposit interest rates. It's allowing the big banks to maintain high margins and send record dividends back to their Australian owners. Jonathan Milne reports.

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Grocery legislation decreases competition, not the reverse

The Government says it wants competition in the NZ supermarket sector. But Eric Crampton argues national and local regulation, including a clause in the Grocery Industry Competition Bill going through Parliament, make it more difficult for other players to enter the market.

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Ardern's successor as Labour leader faces tough October election

New Zealand Prime Minister Jacinda Ardern's sudden resignation on Thursday may have come as a shock to the rest of the world, but as her popularity waned domestically, some had questioned how long she would remain in power.

Reuters

The real reason nobody will take on the supermarkets

Local investors, iwi Māori and major global supermarket brands share the view that establishing a third supermarket chain is not commercially viable. The Govt's supermarket divestment review is the last hope.

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Council versus Govt: the perils of RMA reform

Governments reap benefits from urban growth, councils don't. Solving this growth-stymying conflict is going to need more than RMA reform, writes Dr Eric Crampton

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New Three Waters entities: Bad debt and a bad precedent

Water service entities will end up loading balance sheets with debt for projects to satisfy local political imperatives. Eric Crampton explains how taxpayers could wind up footing the bill

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Land supply, interest rates 'key driver' of overheated housing market

A new report from officials provides further evidence a lack of land, rather than building issues, has driven our house prices up most steeply.

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Government denies petrol pump policy 'on the hoof'

The Transport Minister says officials had been working on how to provide Kiwis relief at the petrol pump for a relatively short amount of time, but denies it was just 24 hours.

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The only trade-off that matters

Does society care enough about the poorest children to pay the around $500 million per annum required to significantly reduce child poverty?

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GIB and the competitive problems of plasterboard

Our GIB monopoly has run into trouble. Are there lessons to be learned?

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ComCom building materials probe simplistic and off the mark, submitters say

The Government hopes a Commerce Commission investigation into building supplies will bring house prices down. But submitters wonder whether the market study is even asking the right quest

Newsroom.co.nz

Eric Crampton: Petrol-fuelled foolishness

Cutting the petrol excise and road user charges is not good policy, writes Eric Crampton, and nor will it be as good for households as other measures

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What we now won't know about Covid

In a world of known unknowns about Covid, New Zealand seems to have wilfully neglected to know what it needed on testing and the prevalence of the virus, writes Eric Crampton

Newsroom.co.nz

Fixing housing crisis depends on breaking building supplies deadlock

Dear Commerce Commission, writes NZ Initiative chief economist Dr Eric Crampton, why can’t I parallel import a house, one piece at a time?

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