Bernard Hickey

Bernard's Top 10: An almighty Fed put and how it might end; 40 years of hurt; John Key's 'Switzerland of the South' full of housing millionaires; Melbourne's slumping apartment prices; John Oliver exposes Creme Eggs; Clarke and Dawe on the planet, stupid

Bernard's Top 10: An almighty Fed put and how it might end; 40 years of hurt; John Key's 'Switzerland of the South' full of housing millionaires; Melbourne's slumping apartment prices; John Oliver exposes Creme Eggs; Clarke and Dawe on the planet, stupid

Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals

Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals

Auckland 2040, which opposed Council 'up-zoning' in Unitary Plan, sees no long term housing capacity problem in Auckland; prefers intensification in town centres; prefers suburban areas remain single level

Auckland 2040, which opposed Council 'up-zoning' in Unitary Plan, sees no long term housing capacity problem in Auckland; prefers intensification in town centres; prefers suburban areas remain single level

Bernard Hickey thinks New Zealand should have a considered debate over a Guaranteed Minimum Income rather than just throw slogans around

Bernard Hickey thinks New Zealand should have a considered debate over a Guaranteed Minimum Income rather than just throw slogans around

Labour looking at whether NZ should trial a Universal Basic Income as part of Future of Work Commission

Labour looking at whether NZ should trial a Universal Basic Income as part of Future of Work Commission

Fonterra CEO sees 5.5%/yr compound demand growth in global dairy markets by 2020; says European suppliers can't respond to that as limited by environment and herd size; Chairman says cash loan was unique to 2015/6; no plans to do it again

Fonterra CEO sees 5.5%/yr compound demand growth in global dairy markets by 2020; says European suppliers can't respond to that as limited by environment and herd size; Chairman says cash loan was unique to 2015/6; no plans to do it again

The big four banks may have chosen to protect their margins at the expense of borrowers, but Bernard Hickey asks if that is such a bad thing in the short term

The big four banks may have chosen to protect their margins at the expense of borrowers, but Bernard Hickey asks if that is such a bad thing in the short term

Yale econometrics professor tipped to win Nobel Prize writes paper saying Auckland housing market entered bubble territory in 2013; Previous Auckland bubble spread to rest of NZ and collapsed in mid-2007

Yale econometrics professor tipped to win Nobel Prize writes paper saying Auckland housing market entered bubble territory in 2013; Previous Auckland bubble spread to rest of NZ and collapsed in mid-2007

GDP grew 0.9% in Dec qtr and 2.5% for year; construction, retail and tourism strong; farming weak; Real disposable income per capita down 0.4% in 2015

GDP grew 0.9% in Dec qtr and 2.5% for year; construction, retail and tourism strong; farming weak; Real disposable income per capita down 0.4% in 2015

Labour Leader questions the skill levels of migrants; suggests work of Chinese chefs could be done by locals; talks of turning down migration tap; Key criticises Labour stance

Labour Leader questions the skill levels of migrants; suggests work of Chinese chefs could be done by locals; talks of turning down migration tap; Key criticises Labour stance

Citing stress test results, RBNZ says banks could post losses of up to 8% on dairy loans, which now are more than NZ$38 bln; says losses can be absorbed from profit rather than capital

Citing stress test results, RBNZ says banks could post losses of up to 8% on dairy loans, which now are more than NZ$38 bln; says losses can be absorbed from profit rather than capital

Bernard's Top 10: The chilling maths of inequality; Get ready for RSCoin to be way bigger than Bitcoin; The problem for millenials; But will they start voting because of it?; 'But it's different here'; Clarke and Dawe; John Oliver

Bernard's Top 10: The chilling maths of inequality; Get ready for RSCoin to be way bigger than Bitcoin; The problem for millenials; But will they start voting because of it?; 'But it's different here'; Clarke and Dawe; John Oliver

English, Guy see public and competitive pressure eventually forcing banks to pass on OCR cut to dairy farmers; Labour says regulation should be an option if banks don't pass on cuts; says time to pass on cuts, not further profits

English, Guy see public and competitive pressure eventually forcing banks to pass on OCR cut to dairy farmers; Labour says regulation should be an option if banks don't pass on cuts; says time to pass on cuts, not further profits

English says possible bank losses on dairy debt not a threat to financial stability; says Government won't bail out dairy farmers; says competition best way to sort out banks not passing on OCR cuts; Little says 'stiff-arm' the banks on dairy debt

English says possible bank losses on dairy debt not a threat to financial stability; says Government won't bail out dairy farmers; says competition best way to sort out banks not passing on OCR cuts; Little says 'stiff-arm' the banks on dairy debt

Bernard Hickey wonders why NZ Inc decided to borrow NZ$30 bln to bet on a volatile commodity price

Bernard Hickey wonders why NZ Inc decided to borrow NZ$30 bln to bet on a volatile commodity price

RBNZ's Wheeler says he expects all of 25 bps cut in OCR to be passed on to floating rates; RBNZ's Hodgetts says impact of foreign funding costs only 'relatively mild' and expects 'bulk' of lower rates to be passed on

RBNZ's Wheeler says he expects all of 25 bps cut in OCR to be passed on to floating rates; RBNZ's Hodgetts says impact of foreign funding costs only 'relatively mild' and expects 'bulk' of lower rates to be passed on

RBNZ surprises with 25 bps cut to 2.25%; forecasts one more cut; concerned about falling inflation expectations; says wants NZ$ to fall

RBNZ surprises with 25 bps cut to 2.25%; forecasts one more cut; concerned about falling inflation expectations; says wants NZ$ to fall

Labour attacks Fonterra and CEO Theo Spierings in Parliament; calls on Key to denounce CEO; Key distances Govt from Spierings; reassures again on 'medium term outlook' for dairy; English says farmers shouldn't wait for price rebound

Labour attacks Fonterra and CEO Theo Spierings in Parliament; calls on Key to denounce CEO; Key distances Govt from Spierings; reassures again on 'medium term outlook' for dairy; English says farmers shouldn't wait for price rebound

PM says European dairy production surge in 2015 a one-off; banks tell him they're being cautious; but a few very indebted farmers will go under; Govt not taking action on Fonterra's tougher payment terms for suppliers

PM says European dairy production surge in 2015 a one-off; banks tell him they're being cautious; but a few very indebted farmers will go under; Govt not taking action on Fonterra's tougher payment terms for suppliers

State-owned farmer to sharply reduce scale of forestry-to-dairy conversions at Wairakei Estates; cites financial and environmental reasons

State-owned farmer to sharply reduce scale of forestry-to-dairy conversions at Wairakei Estates; cites financial and environmental reasons

Now that zero interest rates, Quantitative Easing and negative interest rates have failed, should the world's central banks start printing money and handing it over to real people? Bernard Hickey takes a look

Now that zero interest rates, Quantitative Easing and negative interest rates have failed, should the world's central banks start printing money and handing it over to real people? Bernard Hickey takes a look

Treasury reports budget surplus for 7 mths to Jan of $934 million, which is $724 mln more than forecast

Treasury reports budget surplus for 7 mths to Jan of $934 million, which is $724 mln more than forecast

Bernard's Top 10: Australia's version of 'The Big Short'; China prepares to 'knife its zombies'; Rolling in the deep (debt); Parcelling up bad loans into bonds and selling them; Food as 'virtual water'; John Oliver's must-watch ode to Donald Trump

Bernard's Top 10: Australia's version of 'The Big Short'; China prepares to 'knife its zombies'; Rolling in the deep (debt); Parcelling up bad loans into bonds and selling them; Food as 'virtual water'; John Oliver's must-watch ode to Donald Trump

Bernard Hickey describes how a few hundred Auckland home-owners were able to knee-cap the aspirations of generations of renters and strangle New Zealand's economic growth potential in a couple of meetings

Bernard Hickey describes how a few hundred Auckland home-owners were able to knee-cap the aspirations of generations of renters and strangle New Zealand's economic growth potential in a couple of meetings

English says Auckland Council should design planning system that recognises consequences for current and future generations, and rest of NZ; says rising house prices driving inequality, increasing fiscal costs and financial instability

English says Auckland Council should design planning system that recognises consequences for current and future generations, and rest of NZ; says rising house prices driving inequality, increasing fiscal costs and financial instability