The other day Treasury released a 29 page set of slides put together in September 2014 for an internal “Immigration Policy Forum”. The Forum discussion – probably gathering all the key people in Treasury – seems to have been designed to help Treasury come to a “clearer shared position on immigration policy”. For a time, at least, there seemed to be two schools in Treasury – a “microeconomic wing” championing the gains to New Zealand from immigration policy, and a “macroeconomic wing” – perhaps somewhat influenced by some of my arguments – uneasy about the possibility that the macroeconomic pressures (eg on real interest and exchange rates) resulting from high target rates of non-citizen immigration might be impeding New Zealand’s medium-term economic performance.
I’m not entirely sure why Treasury chose to release these slides now. They aren’t a response to an OIA request, but may have been prompted by my recent OIA…
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Utopia, you are standing in it! 
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