New Zealand's small think tank sector is contracting further with the consolidation of the New Zealand Business Roundtable and the New Zealand Institute.
Discussions between the two organisations commenced in February this year, according to Business Roundtable chairman Roger Partridge and New Zealand Institute chairman Tony Carter, with the support of executive directors.
They were put on hold in September, however, due to the declining health of Roger Kerr.
The merger is to take effect from April 1. The new, as-yet-unnamed organisation is undertaking an international search for an executive director.
While one might think the two organisations hail from different ends of the spectrum, both men insist they share common missions.
By combining resources, they could ostensibly provide a stronger voice on public policy issues
“While there have been some different emphases in the past, we both share a vision of a competitive, open and dynamic economy, a flourishing business sector and a free, prosperous, fair and cohesive society," the chairman said in a joint statement.
“Our view is that the New Zealand business sector is not large enough to support two separate, independent, CEO-based public policy think tanks, and we see many synergies between the two organisations.
“Both the Business Roundtable and the Institute comprise primarily chief executives of major New Zealand firms and some are members of both organisations."