Bernard Hickey | interest.co.nz

About

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.

Member for

15 years 6 months

Latest articles

Morally hazardous times

Bernard Hickey surveys a financial landscape full of morally hazardous trades based on 0% interest rates forever and finds inflation is the key

30th Aug 15, 5:01am

by Bernard Hickey

Bernard Hickey surveys a financial landscape full of morally hazardous trades based on 0% interest rates forever and finds inflation is the key

Bernard's Top 10

Bernard's Top 10: QE 4?; China's new US$101 bln lending spree; Peak globalisation?; Is Mr Market right about China; Clarke and Dawe; John Oliver

26th Aug 15, 12:34pm

by Bernard Hickey

Bernard's Top 10: QE 4?; China's new US$101 bln lending spree; Peak globalisation?; Is Mr Market right about China; Clarke and Dawe; John Oliver

English says hard landing in China could trigger fiscal loosening

English says Government has room to loosen fiscal policy if hard landing in China increases risk of recession; also says RBNZ has much more room to cut given OCR is at 3%

26th Aug 15, 10:40am

by Bernard Hickey

English says Government has room to loosen fiscal policy if hard landing in China increases risk of recession; also says RBNZ has much more room to cut given OCR is at 3%

Govt downplays global stock rout; doesn't see recession

John Key and Bill English don't see global stock rout or slowing Chinese economy leading to NZ recession; English says deficit next year possible; warns KiwiRail regularly costing NZ$200 mln/yr

25th Aug 15, 12:47pm

by Bernard Hickey

John Key and Bill English don't see global stock rout or slowing Chinese economy leading to NZ recession; English says deficit next year possible; warns KiwiRail regularly costing NZ$200 mln/yr

Interest.co.nz article focus of High Court appeal

Company linked to Luigi Wewege appeals FMA decision to remove it from Financial Services Provider register; says use of Interest article showed FMA 'bias' and deprived firm of 'natural justice'

24th Aug 15, 9:34pm

by Bernard Hickey

Company linked to Luigi Wewege appeals FMA decision to remove it from Financial Services Provider register; says use of Interest article showed FMA 'bias' and deprived firm of 'natural justice'

Key says Auckland house buyers "may be in for nasty surprise"

PM says house buyers expecting unending capital gains in Auckland may get a surprise, just as stock investors have; says RBNZ should have said interest rates won't be low forever

24th Aug 15, 7:10pm

by Bernard Hickey

PM says house buyers expecting unending capital gains in Auckland may get a surprise, just as stock investors have; says RBNZ should have said interest rates won't be low forever

Aucklanders' two-faced debt dilemma

Bernard Hickey asks why Aucklanders are so reluctant to let their Council borrow to invest when they themselves are borrowing and betting on Auckland's growth

23rd Aug 15, 6:55am

by Bernard Hickey

Bernard Hickey asks why Aucklanders are so reluctant to let their Council borrow to invest when they themselves are borrowing and betting on Auckland's growth

Bernard's Top 10

Bernard's Top 10: Jeremy Corbyn's idea of a 'People's Quantitative Easing'; Could TPP cut dairy access?; John Oliver on our flag debate

19th Aug 15, 1:36pm

by Bernard Hickey

Bernard's Top 10: Jeremy Corbyn's idea of a 'People's Quantitative Easing'; Could TPP cut dairy access?; John Oliver on our flag debate

Key concerned about 'debt noose' around Landcorp's neck

Govt in talks with Landcorp about dairy conversion plans and its debt levels; English and McClay suggest Landcorp may need to sell dairy farms

18th Aug 15, 9:47pm

by Bernard Hickey

Govt in talks with Landcorp about dairy conversion plans and its debt levels; English and McClay suggest Landcorp may need to sell dairy farms

Key eyes GST for online services

PM sees Govt moving to charging GST on services delivered online from overseas firms such as Apple and Netflix

17th Aug 15, 5:10pm

by Bernard Hickey

PM sees Govt moving to charging GST on services delivered online from overseas firms such as Apple and Netflix

Our new China Syndrome

China may have fired the first shots in a currency war that unbalances the automatic stabilisers that were just starting to power New Zealand's export rebound

16th Aug 15, 7:25am

by Bernard Hickey

China may have fired the first shots in a currency war that unbalances the automatic stabilisers that were just starting to power New Zealand's export rebound

How to think about fixing or floating as the OCR falls

Bernard Hickey looks at whether to fix or float and how long to fix when the Reserve Bank is cutting interest rates and targeting Auckland property investors

12th Aug 15, 4:55pm

by Bernard Hickey

Bernard Hickey looks at whether to fix or float and how long to fix when the Reserve Bank is cutting interest rates and targeting Auckland property investors

English unworried by talk of currency wars and China fears

Finance Minister not worried by China's devaluation of yuan and talk of currency wars; also confident of good Chinese consumer demand; takes swipe at economists seeking to 'out-gloom' each other

12th Aug 15, 3:50pm

by Bernard Hickey

Finance Minister not worried by China's devaluation of yuan and talk of currency wars; also confident of good Chinese consumer demand; takes swipe at economists seeking to 'out-gloom' each other

Bernard's Top 10 at 10

Bernard's Top 10: Just wait until the Chinese start printing too; How moral hazard has globalised too; The Mike Hosking effect; A beggar-thy-neighbour race to the bottom

12th Aug 15, 10:23am

by Bernard Hickey

Bernard's Top 10: Just wait until the Chinese start printing too; How moral hazard has globalised too; The Mike Hosking effect; A beggar-thy-neighbour race to the bottom

English rejects calls for Govt stimulus

Finance Minister rejects calls for fiscal stimulus in the face of latest dairy slump; says GDP growth softening to 2.0-2.5%, but says automatic stabilisers of lower OCR and NZ$ is best response for now

11th Aug 15, 11:29am

by Bernard Hickey

Fonterra eyes big GDT changes

CEO Theo Spierings says 'drastic changes' to Globaldairytrade may be required after price slump to below "sustainable levels

10th Aug 15, 12:11pm

by Bernard Hickey

CEO Theo Spierings says 'drastic changes' to Globaldairytrade may be required after price slump to below "sustainable levels

The global savings glut

Bernard Hickey looks at how a global savings glut and investment drought linked to ageing populations, inequality and fear about the GFC is affecting New Zealand

9th Aug 15, 5:01am

by Bernard Hickey

Bernard Hickey looks at how a global savings glut and investment drought linked to ageing populations, inequality and fear about the GFC is affecting New Zealand

Non-Aucklanders would love Chinese buyers - Key

PM John Key says non-Aucklanders tell him they would love more Chinese buyers; says Aucklanders like it when house prices are rising, but would prefer slower rises

6th Aug 15, 4:39pm

by Bernard Hickey

104

PM John Key says non-Aucklanders tell him they would love more Chinese buyers; says Aucklanders like it when house prices are rising, but would prefer slower rises

Labour's Shearer targets record bank profits

Labour's David Shearer targets high bank profits; says they need to 'back off' dairy farmers in debt trouble; criticises high credit card margins; says banks "making a mint out of New Zealanders"

6th Aug 15, 3:06pm

by Bernard Hickey

Labour's David Shearer targets high bank profits; says they need to 'back off' dairy farmers in debt trouble; criticises high credit card margins; says banks "making a mint out of New Zealanders"

Bernard's Top 10

Bernard's Top 10:The winners and the losers in the 'Gig' economy; Will the NZ$ hit 50 USc?; The link between US rates and mortgages rates

5th Aug 15, 2:12pm

by Bernard Hickey

Bernard's Top 10:The winners and the losers in the 'Gig' economy; Will the NZ$ hit 50 USc?; The link between US rates and mortgages rates

NZ jobs growth weaker than expected

Statistics NZ reports unemployment rate rose to 5.9% in June qtr from 5.8%; jobs growth of 0.3% weaker than 0.5% expected

5th Aug 15, 11:03am

by Bernard Hickey

Statistics NZ reports unemployment rate rose to 5.9% in June qtr from 5.8%; jobs growth of 0.3% weaker than 0.5% expected

BERL says OCR should fall to 1.5%

BERL Chief Economist Ganesh Nana says RBNZ should allow OCR to fall towards 1.5% given weakness of inflationary pressures and demand in economy; sees NZ$ falling to high US50c mark

4th Aug 15, 1:45pm

by Bernard Hickey

BERL Chief Economist Ganesh Nana says RBNZ should allow OCR to fall towards 1.5% given weakness of inflationary pressures and demand in economy; sees NZ$ falling to high US50c mark

Solid Energy in 'precarious position' - Key

PM says decision on Solid Energy's future due from next week; banks in control

3rd Aug 15, 5:18pm

by Bernard Hickey

PM says decision on Solid Energy's future due from next week; banks in control

The problem with migration

Bernard Hickey says rather than just debating foreign buying of houses we should be having a tougher debate about migration

2nd Aug 15, 5:01am

by Bernard Hickey

Bernard Hickey says rather than just debating foreign buying of houses we should be having a tougher debate about migration

Bernard's Top 10

Bernard's Top 10: A star system for landlords and tenants; NZ's crazy-high migration; Moral hazard and the death of trust; Why some don't care about the price of assets

31st Jul 15, 12:54pm

by Bernard Hickey

Bernard's Top 10: A star system for landlords and tenants; NZ's crazy-high migration; Moral hazard and the death of trust; Why some don't care about the price of assets