The economic boon for New Zealand of drug law reform

The benefits of a package of drug law reform measures will outweigh the costs – by tens of millions of dollars, finds Shamubeel Eaqub in a new report commissioned by the NZ Drug Foundation. Below, an excerpt from the economist’s findings. Our current criminal-justice approach to drugs is not working. Drug use remains widespread and, crucially, the … Read more

‘A classic election year budget’: Shamubeel Eaqub reviews Budget 2017

Tax cuts, more money for infrastructure, and catch-up spending on a raft of areas where it had previously been frozen. All well and good, says economist Shamubeel Eaqub, but what about housing? Read all our Budget 2017 coverage here. Steven Joyce delivered his first Budget and it was carefully calculated to maximise impact in an … Read more

Shamubeel Eaqub: Has anything changed for Generation Rent?

Economist Shamubeel Eaqub’s ‘Generation Rent’ helped quantify the massive changes to the way New Zealanders owned and rented in 2015. Here he looks at what can be don to fix the problems that created. The statistics are clear: fewer Kiwis are living in their own home – more Kiwis are renting. The home ownership rate … Read more

First home buyers rejoice! House prices are falling! (maybe)

News that house prices fell this month represents a tiny glimmer of hope for ever-gloomy first home buyers. But is that optimism, however feeble, at all justified? Economist Shamubeel Eaqub investigates. House prices fell in February, per latest data from QV. Time to celebrate the popping of the bubble, right? Hold on, don’t uncork the … Read more

Summer reissue: Hey Shamubeel #2 – how did we get here?

We wanted to better understand the changing New Zealand economy, and who better to explain it than superstar economist Shamubeel Eaqub. Below, the second of six short videos featuring Shamubeel giving it to us straight while sitting comfortably in a classic Kiwi chair. In this episode: a tour through New Zealand’s tumultuous economic history. First published … Read more

Hey Shamubeel #3: What happened to work?

We wanted to better understand the changing New Zealand economy, and who better to explain it than superstar economist Shamubeel Eaqub. Below, the third of six short videos featuring Shamubeel giving it to us straight while sitting comfortably in a classic Kiwi chair. This time he’s explaining the changing way New Zealanders work while perched … Read more

Hey Shamubeel #2: How did we get here?

We wanted to better understand the changing New Zealand economy, and who better to explain it than superstar economist Shamubeel Eaqub. Below, the second of six short videos featuring Shamubeel giving it to us straight while sitting comfortably in a classic Kiwi chair. This time he’s taking us through New Zealand’s tumultuous economic history while sitting … Read more

Shamubeel Calls Bullshit #4: on John Key’s ‘always challenging for young people’ house chat

‘Twas always thus, says the prime minister of young people’s struggle to get into the housing market. Economist Shamubeel Eaqub has some thoughts about that. In an interview on Newstalk ZB this week, broadcaster and clothes horse Mike Hosking asked the prime minister about “people locked out of the market” for housing in Auckland, “like … Read more

Shamubeel Calls Good Shit #1: Whoa, the Unitary Plan got passed

In a shocking twist, mild-mannered economist Shamubeel Eaqub has taken a break from calling bullshit to call “good shit” on Auckland Council for passing the Unitary Plan. We thought it would be so hard. Just a few months ago, dozens of people trundled into Auckland Town Hall to yell insults at anyone who’d ever had a positive … Read more

Shamubeel Calls Bullshit #2: on Andrew Little’s problem with the Unitary Plan

Labour says the Unitary Plan won’t provide affordable housing. Our mild-mannered economist Shamubeel Eaqub says that ignores the basics of supply and demand. People are getting worried the new Unitary Plan won’t provide enough affordable housing. Modelling done for the Independent Hearings Panel that authored the plan appears to show only 15% of the 247,000 new … Read more

Shamubeel Calls Bullshit #1: The confused Boomer resident rights activist from St Heliers

Today we introduce a new series, ‘Shamubeel calls Bullshit’, in which prominent economist Shamubeel Eaqub swears at people who say moronic things about the Unitary Plan, the housing crisis, and the local body elections. Shamubeel Eaqub isn’t given to fits of rage. But even the most self-controlled economist can be driven mad by a bombardment of bad opinions, and the Unitary Plan debate … Read more

The two-minute Shamubeel: on the Auckland Unitary Plan redux

New Zealand’s classiest economist, Shamubeel Eaqub, unleashes his first impressions on the Independent Hearings Panel review of the big rule-book for Auckland’s future. The War for Auckland is a Spinoff pop-up section devoted to the 2016 Unitary Plan and local elections. To support our journalism, click here.