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The Covid-19 pandemic has severely impacted the tourism sectors in New Zealand and Australia and worldwide. Travel underpins the highly valuable two-way trade and investment relationship. Before the outbreak of COVID-19, New Zealand was the most popular outbound travel destination for Australians with 1.5 million visiting in 2019, and trans-Tasman travel accounting for 40% of all foreign visitors here. Likewise, …

Government should take short-term equity stakes in Covid-19 afflicted companies – rather than free money, says Alex Duncan. Before the Covid-19 crisis, government debt was around $64 billion, or about 20% of Gross Domestic Production (GDP).  Achieving this took years of hard political graft and fiscal discipline by governing parties on both sides of Parliament. It is just as well, …

In assessing the effectiveness of the Government’s response to the Covid-19 threat it is important to distinguish between responsiveness and preparedness. The better the former, the greater the likelihood of glossing over weaknesses in the latter. New Zealand’s response to Covid-19 has been extraordinary.  Compared with much of the rest of the world we have per capita very low death …

Freya Higgins-Desbiolles, University of South Australia and James Higham, University of Otago We are hearing increasing talk about a trans-Tasman “travel bubble”, which could see Australia and New Zealand open their borders to each other. New Zealand Prime Minister Jacinda Ardern was a special guest at Australia’s national cabinet meeting on Tuesday, which discussed the possibility of setting up a …

Hongzhi Gao, Te Herenga Waka — Victoria University of Wellington and Monica Ren, Macquarie University When it comes to our economic over-reliance on China, New Zealand consumers need look no further than their most popular big box chain, The Warehouse. The familiar “big red shed” sourced about 60% of its home brand stock from China in 2017 – and a …

Ian Lowe, Griffith University Documentary maker Michael Moore’s latest offering, Planet of the Humans, rightly argues that infinite growth on a finite planet is “suicide”. But the film’s bogus claims threaten to overshadow that message. Planet of the Humans is directed and narrated by longtime Moore collaborator Jeff Gibbs. It makes particularly contentious claims about solar, wind and biomass (organic …

Ilan Noy, Te Herenga Waka — Victoria University of Wellington With New Zealand’s May 14 budget expected to chart the way out of the economic crisis, Finance Minister Grant Robertson should be looking to the past as well as the future. Finance ministers elsewhere are facing similar decisions, many even more constrained than New Zealand’s. But the common claim that …

During the COVID-19 pandemic, there’s no such thing as business as usual. To find out how businesses on the ground in Asia are working in a new environment, last week, the Asia New Zealand Foundation surveyed more than 100 of its business stakeholders across Asia, from Cambodia to South Korea. In this quick snapshot, entrepreneurs and business people gave their …

Phil Goff speaks with Tim McCready about the impact of Covid-19 on Auckland’s infrastructure plans.   In February this year, Auckland Council was focused on the challenges ahead of a city enjoying relentless growth: building transport infrastructure to relieve traffic congestion, coping with the highest ever level of building consents, and dealing with environmental issues including water quality and climate …

Dave Heatley, Principal Advisor, Productivity Commission   “Shut the borders” is a natural first reaction to an external threat. It makes a lot of sense in the early stages of a pandemic, when those arriving at the border are more likely to be infected than those within the country. But what if that’s no longer the situation? After a country …