Tax Reform in developing countries
A recent publication which combines three decades of research on tax reform in developing countries. Edited by James Alm and Jorge Martinez-Vazquez, the collection includes works from Michalel Keen, Thomas Piketty, Joseph Stiglitz and our own Norman Gemmell.
New working papers in Public Finance
Professor John Creedy and various collaborators have produced a number of new working papers for September, including Debt Projections and Fiscal Sustainability with Feedback Effect, Labour Supply in New Zealand and the 2010 Tax and Transfer Changes and Long-run Fiscal Projections under Uncertainty: The Case of New Zealand.
New Zealand Public Finance Newsletter, issue 7
The most recent issue of the New Zealand Public Finance Newsletter is available to read now. This issue includes a report on the economic effect of the most recent NZ Budget, a review of the 2015 Public Finance Debate series and a brief survey of the new capital gains tax. This issue also begins our profile series, public finance people, introducing Dr Grant Scobie.
Measuring revenue-maximizing elasticities of taxable income: Evidence for the US income tax
In a paper recently published in the Public Finance Review, Professor Norman Gemmell and Professor John Creedy, discuss the relationship between marginal tax rates in the US income tax system and their respective Laffer curves. Read article now.
Tax to stop 'bad' behaviour dent level playing field
Professor Norman Gemmell comments on the 'bright-line test' capital gains tax in the Dominion Post.
2015 Budget commentary
Professor Norman Gemmell discusses the effect of the 2015 Budget on the economy.
Should Team New Zealand be publicly funded?
Professor Norman Gemmell joined Jom Mora for The Panel to discuss whether Team New Zealand's America's Cup bid should be funded from the public purse.
Research shows disparity between tax paid by women and men
Research undertaken by Professor Norman Gemmell, Victoria’s Chair in Public Finance, Honours student Athene Laws and Omar Aziz, from New Zealand Treasury and Harvard University,‘Income and Fiscal Incidence by Age and Gender: Some Evidence from New Zealand’ has been accepted for publication by international economics journal, Review of Income and Wealth.
Read the profile on Scoop.
National and Labour to outline economic visions
The Chair in Public Finance hosted two public lectures on the future of the New Zealand economy in advance of the 2014 General Election.
Should New Zealand have a 40% tax rate?
In the lead up to the 2014 General Election, Professor Norman Gemmell joined The Panel to discuss the 40% tax rate with Jim Mora on National Radio.
Are prices high in New Zealand?
Research undertaken by the Chair in Public Finance, commissioned by the New Zealand Productivity Comission is discussed on Newstalk ZB, Radio New Zealand and Radio Live Drive. It also reatured in Parliamentary Question Time on 29 May, and in the Sunday Star Times, The New Zealand Herald and Stuff .
The Chair discusses current housing issues on Radio NZ. Housing Minister, The Hon Nick Smith, and Labour Spokesperson, Phil Twyford, also debate on the topic.
Public finance debates
- "It's time...to tax the internet"
- "It's time...NZ extended charging for public infrastructure"
- "It's time...NZ adopted social insurance approach to welfare"
Reserve Bank lending restrictions
Commentary on new loan-to-value ratio restrictions: The Chair provides commentary on the Reserve Bank lending restrictions.
Long-Term Fiscal Calculator
Professor Gemmell, in conjunction with the Treasury, launches the Long-Term Fiscal Calculator on the New Zealand Public Finance website. The web-tool allows people the opportunity to make selections to close the 'fiscal gap' that the government faces over the next 40 years. Read about it in "Fix Govt accounts? Here's your chance", 15 July 2013, The New Zealand Herald.
Professor Gemmell gives his opinion on the recent budget in "Budget 2013 - Good policy or good luck?", 20 May 2013. This article has been published on the New Zealand Centre for Political Research website.
The Dominion Post
Professor Gemmell, who is from the UK, assessed the economic impact made by Lady Margaret Thatcher to Great Britain."Change manager Thatcher merits eponymous '-ism'", 16 Apr 2013
The New Zealand Herald
Professor Norman Gemmell contributes a series of articles on economic issues that are currently undergoing much debate.
Part one - "Asset Sales - Some Myths", 1 Feb 2013
Part two - "Public Debt - Lower Looks Better", 8 Feb 2013
Part three - "GST Arguments are Hard to Swallow", 15 Feb 2013
Part four - "Affliction Lifts Health-Care Costs", 1 Mar, 2013
Part five - "'Fair' tax? Easy to Say, Hard to Define", 8 Mar, 2013
The Minister of Finance announced his 2012 Budget on 24th May. This page contains links to some of the key documents and a brief summary/assessment.
The 2012 Budget - in a word!
This week’s Budget from Hon Bill English was his fourth since he became Minster of Finance after the 2008 election. You might think that with three Budgets and another election behind him, Mr English would be well settled into the job, and looking for some legacy-making reforms that will help to secure him and his National colleagues a third term in 2014.
Mr English can certainly be credited with establishing clear objectives for those first three Budgets. Each had a single theme—in one word they were, in order: ‘recovery’, ‘tax’, and ‘savings’. So what theme sums up this week’s Budget? Asset sales? Welfare reform? Spending squeeze?
An abridged version of the above article published in the New Zealand Herald (Business) on Friday 25 May 2012, can be found on the NZ Herald website.
View Budget 2012 documents on the New Zealand Treasury website.
View the Minister's Executive Summary.
View the PwC Budget Analysis.