In this section

The comment stream

Recent comments

Articles by Bernard Hickey

Friday's Top 10 with NZ Mint

America's US$7 trln growth gap; NZ's Companies Office system used yet again to commit fraud; A bond exodus from Southern Europe; Adult nappy sales surpass kids' nappy sales in Japan; Clarke and Dawe; Dilbert

Bill's ChCh CHA budget

Budget 2012 is a steady as she goes budget that relies on growth and a bit of tweaking to return to surplus, but doesn't shift NZ's growth track

Budget surplus target may slip

Updated
English acknowledges economic downside scenario would force NZ government to borrow more for longer and let surplus target slip "a bit"

Thursday's Top 10 with NZ Mint

Bond investors flee Southern Europe to invest in 0% interest German bunds; Germany has see vays of making zee Greece stay in zee euro; Chinese coal imports collapse; Dilbert

Home loan easier to afford as house prices edge down: Roost

Home loan affordability improves in April, and the competitive mortgage market improves the outlook the latest Roost report shows

90 seconds at 9 am

US stocks and NZ$ slide as former Greek PM reveals 'Grexit' preparations and bailouts for Greek banks suffering bank runs; Facebook hits US$31

BNZ cuts most fixed mortgage rates

BNZ cuts most fixed mortgage rates as price war heats up, powered by falling wholesale rates and high profit margins; BNZ slashes 7 yr rate 56 basis points to 6.99%

Tuesday's Top 10 with NZ Mint

Why rocket scientists are now algo traders; Is Facebook 2012's Lastminute.com?; European bank stress; Capitalism on trial; Dilbert

90 seconds at 9 am: China stimulus?

US stocks up and NZ$ back over 76 USc on talk of Chinese economic stimulus and hope Europe can save Greece

Why China won't save NZ again

Peter Redward looks at China's deepening economic slowdown and explains why a 2008/09-style miracle rebound is unlikely this time around

Never a dull moment for the NZ$

HiFX's Dan Bell reviews the NZ$ slide to six month lows in line with fear about a gathering European crisis and slowing Chinese growth

Monday's Top 10 with NZ Mint

Stockpiles mount in slowing Chinese economy; China's Red Nobility of wealthy 'Princelings'; The amazing Bill Yan; CEOs trust communists most; Dilbert

90 seconds at 9 am: No G8 deal

No sign of end to Euro crisis as no breakthrough at G8 summit and Merkel unmoved; Facebook's IPO faceplant; China to ease?; NZ$ under 76 USc

Thousands get lower rates; what now?

Bernard Hickey says you should use the 'savings' from lower mortgage interest rates to repay your loan faster. Your view?

Friday's Top 10 with NZ Mint

Markets expecting 'large scale intervention' to ward off 'Grexit' meltdown; 'Apocalypse fairly soon'; A 'Grexit would doom the euro'; Blue Men drum Donna Summer's 'I feel love'; Clarke and Dawe; Dilbert

90 seconds at 9 am: Flight to safety

Wholesale flight to safety on global markets underway on fears about 'Grexit' and slowing US economy; Gold up AND US Treasury yields down; Spanish banks downgraded as depositors flee

Thursday's Top 10 with NZ Mint

NZ judged too easy on money launderers by EU; China's housing market in full reverse; Chinese state bank lending collapses; 'Grexit' seen as 'unthinkable, apocalyptic and Armadeddon-like'; A 12 year old Social Crediter; Dilbert

90 seconds at 9 am: Greek banks cut off

ECB cuts off cash to some insolvent Greek banks; US, European stocks down again; NZ$ at 76.2 USc; Beau Sancy diamond sells for twice reserve

ASB says 'now's the time to fix'

ASB economists say floating mortgage rates unlikely to fall further; sees a 'window of opportunity' to fix with low fixed rates

Wednesday's Top 10 with NZ Mint

Der Spiegel argues for 'Grexit'; How Greece might default; China may have purged internal security boss Zhou Yongkang; How UK, America (and NZ?) are turning Japanese; Dilbert

Bernard's guide to Fixing vs Floating

Updated
Bernard Hickey looks at whether to fix your mortgage or go floating, and what the experts are saying. Your view?

90 seconds at 9 am: NZ$ under 77 USc

 NZ$ slides under 77 USc as Greek exit talk sparks run on Greek banks; Prices fall 6.4% in Fonterra's milk powder auction; Recession in Italy, Spain

Tuesday's Top 10 with NZ Mint

What a Greek exit from the euro might look like; Germany's lethal bluffing over Greece; 'Obama the Great Deceiver'; George Lucas hits back at his snooty neighbours; 'Please can we default too?'; Dilbert

90 seconds at 9 am

NZ$ drops to 77.7 USc as Euro fears return with a vengeance; Open talk of 'Grexit' riles Eurostoxx and Italian/Spanish bonds; Dow down 1%; But NZ house price confidence surges

Monday's Top 10 with NZ Mint

Hard landing looks more likely in China; Greece to run out of cash within weeks; A flying shopping trolley; China's banks 'built on quicksand'; Dilbert