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Grant Duncan, Massey University New Zealand Prime Minister Jacinda Ardern has won global admiration for her personal style. But how will Kiwis judge her government’s performance at the ballot-box in September? A major factor in that decision will be how well today’s budget is received – and how well it achieves its stated aim of “responding, recovering and rebuilding” after …

Norman Gemmell, Te Herenga Waka — Victoria University of Wellington May 14’s budget will surely be remembered as the “pandemic budget”. It might seem like the worst possible timing – economic uncertainty rages, Treasury has had to abandon its usual economic “forecasts”, and the pandemic’s viral economic spread is far from over. On the contrary, this may be very good …

Jonathan Boston, Te Herenga Waka — Victoria University of Wellington Budget 2020’s focus on “jobs, jobs and jobs” is understandable, commendable and vital. COVID-19 poses the largest threat to paid employment since the Great Depression almost 90 years ago. The number of people receiving Job Seeker Support (Work Ready) – the main benefit available for the unemployed – rose almost …

New Zealand’s startups and their founders are our untapped powerhouse of problem solvers, says Suse Reynolds. Startups are not SMEs. We are talking about a cohort of super ambitious, high growth, tech-rich businesses with highly driven teams which are generally venture investment-backed. These businesses are developing solutions to problems with highly valuable, large and sometimes new, markets. They are businesses like …

In ancient Rome, a victorious general would parade through the city to the temple of Jupiter in a gilded chariot amidst a frenzy of adoration. But to keep the triumphant commander tethered to reality, the trusted slave holding a laurel wreath above his head would whisper repeatedly in his ear: “Memento mori” — “Remember you are mortal!” It is advice Jacinda Ardern …

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 …