The New Zealand Initiative

In this episode, Oliver and Michael reflect on a packed 2025 that brought major policy wins in education, housing, and regulation, while looking ahead to the bigger picture challenges shaping 2026. They cover everything from the Initiative’s Dutch delegation and Prof Barbara Oakley’s visit, to the dramatic early gains in literacy and numeracy under Minister Erica Stanford, the new Resource Management Act, and the work ahead on AI, demographic change, and political polarisation.

In this episode, Oliver, Nick and Bryce talk about the Fast Track Approvals Amendment Bill, focusing on the use of Henry VIII clauses that allow ministers to amend legislation without full parliamentary scrutiny. The discussion examines why these powers have typically been used only in genuine emergencies, how their application in planning reform raises constitutional questions, and why the Initiative recommends clearer limits and stronger sunset provisions to protect democratic processes.

In this episode, Eric, Nick and Benno talk about the Government's proposal to abolish regional councillors while retaining regional councils, shifting governance to new Combined Territories Boards made up of local mayors. They explore how this reform creates space for mayors to rethink regional governance through a function-by-function approach, potentially establishing purpose-built agencies for issues like water catchments and transport that cross council boundaries.

This episode traces how Competitive Urban Land Markets (CLM) made the leap from dissident economic insight to the organising principle of New Zealand's housing reform agenda. Hon Phil Twyford reflects on his time as an Opposition MP, where he absorbed CLM's logic, underwent an intellectual shift inside Labour, and worked with a small circle of economists to translate competition and abundance into a language government could act upon. Once in Cabinet, Twyford and aligned thinkers became the policy entrepreneurs who embedded CLM in the Urban Growth Agenda (UGA). For officials trained in planning orthodoxy, this proved a conceptual shock. Ministers often found themselves teaching the system—literally sketching the framework on whiteboards—as economic reasoning clashed with established planning culture. The episode revisits the structural wins that followed: wins Twyford now reflects on as the most meaningful work of his ministerial career. A small policy network, spearheaded by Twyford's political courage, pressed ahead of global academic thinking to articulate a practical blueprint for restoring housing affordability. This work helped position New Zealand at the frontier of global housing policy. What emerges is a portrait of policy entrepreneurship: an emotional and political journey where leadership, economic clarity, and persistence pushed the boundaries of what a small country can achieve. By the close, the broader arc comes into view—including the cross-party consensus highlighted by Sir Bill English—showing how a once-heretical idea became a bipartisan reform movement. Related links: • Watch the Sholly Angel’s Making Room for Urban Expansion video here: https://www.youtube.com/watch?v=wQkuoPFq3PM • To read the reports by the Urban Land Markets Group visit this link the first paper (“A New Paradigm for Urban Planning”): https://www.auckland.ac.nz/assets/business/about/our-research/research-institutes-and-centres/Economic-Policy-Centre--EPC-/USEPP002.pdf Visit this link for the second paper (“How We Supply Infrastructure Makes Housing Unaffordable: Introducing a New Approach to Funding and Financing our Cities”): https://www.auckland.ac.nz/assets/business/about/our-research/research-institutes-and-centres/Economic-Policy-Centre--EPC-/USEPP003.pdf

In this episode, Eric talks to Oliver about a major loophole in New Zealand's tax system that allows some companies to accumulate PAYE and GST debts, stop filing, and effectively walk away — contributing to almost $7 billion in unpaid corporate taxes. They discuss Oliver's new research note, "Responsibility before ruin: A pre-emptive fix for NZ's phoenix problem", which examines how Germany prevents such debts from building up through automatic insolvency triggers. Oliver explains how a New Zealand-adapted version — requiring directors to act within a set timeframe after missing tax payments — could stop phoenix behaviour and reduce the $700 million in corporate taxes written off each year. Read Oliver's research note here: https://www.nzinitiative.org.nz/responsibility-before-ruin-a-pre-emptive-fix-for-nzs-phoenix-problem/