Bernard is back as a senior contributor on interest.co.nz. Until September 30, 2012 he was the managing editor here. He had previously worked for 18 years for Reuters, the FT Group and Fairfax as a financial journalist and editor. He is now the publisher of The Kaka.
RBNZ Governor Adrian Orr calls on banks to lift deposit rates as much as mortgage rates; says Gabrielle shows banks haven't done enough on inclusion and resilience in regional areas
Cabinet decides on initial $250m top-up for road repair fund; initial $50m for discretionary grants to small business; Govt also considering rebuild work visa for affected regions
Cabinet meets for last-minute re-write of Budget 2023 to pay for Gabrielle response and rebuild; initial wage-subsidy-style support expected; easier migrant worker access being eyed; Robertson sees eventual bill around $13b
Finance Minister says 1-in-100-year climate events now more regular; He wants a long-term infrastructure plan for adaptation; He sees tough conversations about whether, where, how and who pays to rebuild
Hipkins ditches social insurance, TVNZ-RNZ merger, hate speech law and biofuels mandate; minimum wage to rise 7%; unspecified Three Waters changes flagged
Govt extends 25c/litre fuel tax cut for yet another three months, saying it wants to focus first on ‘bread and butter’ ‘cost of living’ issues
Nanaia Mahuta replaced by Kieran McAnulty as Local Government Minister and Andrew Little replaced by Ayesha Verrall as Health Minister
Change from Ardern to Hipkins bounces Labour polling support back above National after less than a week in charge
New PM Chris Hipkins to use cabinet reshuffle and policy tweaks to try to distance Labour from Ardern and catch up to National
PM-elect Chris Hipkins says in first news conference he wants to ditch unnecessary spending and doesn't want to do anything to lower house prices
Hipkins sole candidate for Labour leader in caucus vote; expected to be endorsed tomorrow afternoon and become PM soon after
Bernard Hickey writes outgoing PM Jacinda Ardern deserves our thanks and respect for her crisis leadership, but she failed to deliver on her own transformational promises because of her fiscal conservatism
Ardern and O'Connor promise low initial methane price, cheap nitrogen price and inclusion of riparian planting in ETS
Govt expands 'green list' for work-to-residency visas to include nurses, construction workers and teachers; expands straight-to-residency visa list to midwives and auditors
Megan Woods announces delay in healthy homes standards launch by one year to July 1, 2025, but to regulate property managers
Clark announces banks will be first designated for 'consumer data framework' to allow easy shifting of data and accounts, but implementation still 'two years away'
Opposition's shock at Orr's reappointment signals the end of an era of Reserve Bank independence, and that's ok because it was bound to happen post QE
Opposition leader and potential Finance Minister say they're 'shocked and appalled' Orr was reappointed Governor
Review of anti-money-laundering and counter-terrorism financing suggests looser settings for some as $1.3b cost mounts
PM says banks not demonstrating 'social license' by repeatedly making very high profits, but does not have policy options; instead says banks 'should take a long hard look at themselves'
Headlines warn of grim times as interest rates jump and house prices fall, but actually, households, banks and firms are in rude health
Finance Minister notes five years since Labour won power, highlighting economic growth, low unemployment and house building; says inflation has peaked and will fall
Immigration Minister reopens Skilled Migrant visa category ahead of full review; parent visa category reopened and quota more than doubled