NZ Initiative report highlights urgent need for change in policy

18 SEPTEMBER 2018

A new report from Dr. Bryce Wilkinson and the New Zealand Initiative – Fit-for-Purpose – demonstrates how a bloated government is restraining growth and improvements in well-being, says the New Zealand Taxpayers’ Union.

Taxpayers’ Union Executive Director Jordan Williams says “It’s an open secret in Wellington that government agencies are pinned down by regulations and administrative churn. This new report from the Initiative does a good job at showing how that culture of inadequacy hurts all New Zealanders.”

“The problems that Wilkinson highlights – burdensome regulation, high taxes, and the resulting economic malaise – are not intractable problems, but solutions will require political leadership. Unfortunately, Governments of all political stripes have, over the last twenty years, looked too closely at the following election rather than bravely campaigning on and implementing policies focused on our future prosperity.”

“Clearly the Government should have committed to tax cuts at the Budget – both for families and businesses – but instead they spent billions on university students and diplomats. The cost to future New Zealanders will be a less prosperous society.”

ENDS

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