Dr Don Brash is an economist and former Member of Parliament. He served as the Governor of the Reserve Bank of New Zealand from 1988 to 2002.
This year’s election is one for the history books: it was the first since MMP was introduced in 1996 which resulted in a single party being able to govern without the aid of allies. What on Earth happened? In early 2020, the first Colmar Brunton poll of the year had National on 46% support, Labour on 41%, the Greens on 5%, New Zealand First on 3%, and ACT on 2%. Had those poll results held good until election day, the combined National-ACT…
It was suggested that I do an additional short article 10 days out from the election with an appraisal of the economic policies being proposed by Labour and National. I’ve found this extraordinarily hard to do! That’s partly because of the difficulty of defining “economic policies”. Does the term include policy on reforming the Resource Management Act, or policy on oil and gas exploration – both highly relevant to our future economic…
As I write, there’s one month to go. Everybody will have their own views about what problems the next Government should try to solve, but for me six issues should be priorities. First, and most obviously, is the need to guide New Zealand back to a path of low unemployment and low government debt after the disastrous consequences of the Covid-19 pandemic – the inevitable effects and the self-imposed ones by having one of the most severe…
As I write this month, Auckland is again in a Level 3 lockdown, with all the frustrations and irritations of that situation. I myself got caught up in a huge traffic jam, which had four lanes of traffic (including the bus lane) at a total stand-still for more than an hour, because of a mad rush of people wanting to get tested for the virus – and I doubt if anybody in that traffic jam was in fact wanting to get tested. I certainly didn’t. And…
Not 48 hours after I sent what I thought was the final version of this column to the editor, events proved just how true the headline was: Todd Muller resigned as Leader of the National Party just eight weeks after he assumed the role. Twelve hours later, the National Party caucus elected Judith Collins as Leader and Gerry Brownlee as Deputy Leader. The political landscape suddenly changed almost unrecognizably. The relatively young and…
Unless you were living under a stone, you will know that towards the end of May a black American by the name of George Floyd was killed when a white police officer knelt on his neck for nearly nine minutes, while three other police officers looked on. And you will also know that this event has triggered huge protests against racism, not only in the US but throughout the world. Some have pointed out that George Floyd was no model citizen, but…
In the middle of May, the Government announced its Budget for the next financial year. New Zealand has never seen anything remotely like it. It made clear the Government’s intention to spend vast sums of money in an attempt to protect New Zealanders from the economic shock caused by the coronavirus and the Government’s draconian measures to deal with it. Last month, I suggested that the Government had over-reacted to the virus, stampeded by a…
Perhaps it is dangerous to write about such a fast-moving situation as the Covid-19 pandemic when what I write may not be published for 10 days or more, but at time of writing my strong impression is that the public believe that the Government has done a remarkably good job of suppressing, perhaps even eliminating, the spread of Covid-19 in New Zealand, and that they deserve warm applause. I believe the public has been conned. · To begin with,…
It’s hard to believe that when I signed off my article for the March edition of Elocal, on 11 February, I didn’t mention the words ‘pandemic’, ‘coronavirus’, or ‘Covid-19’. In the four or five weeks since, the media – and I mean all the media – have talked about almost nothing else. What I write now, for publication at the beginning of April, could also be totally blind-sided by events over the next two weeks. At the moment, it appears as if…
It seems no time at all since we were celebrating (or lamenting) the election of the Labour–New Zealand First–Green Government in 2017. And now, in little more than six months’ time, we’re going to the polls again. As I write in the middle of February, the outcome of the election is still very uncertain. If the latest poll results were replicated in the election, we would have another Labour-led Government, with the Greens in support (and…
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