Bernard Hickey

Shewan Inquiry into foreign trusts recommends stronger initial registration rules and need for annual returns with distribution details; Revenue Minister plans to stop 'excessive payments' by local units to foreign parents

Shewan Inquiry into foreign trusts recommends stronger initial registration rules and need for annual returns with distribution details; Revenue Minister plans to stop 'excessive payments' by local units to foreign parents

PM doesn't see OCR cut on August 11 more likely after Brexit vote; says RBNZ still forecasting 3%-plus growth; Wheeler still has buffer, but Brexit no reason to cut by itself, he says; New FTA needed with UK post Brexit

PM doesn't see OCR cut on August 11 more likely after Brexit vote; says RBNZ still forecasting 3%-plus growth; Wheeler still has buffer, but Brexit no reason to cut by itself, he says; New FTA needed with UK post Brexit

Bernard Hickey argues the case for the Government to rapidly ramp up its program of building and selling affordable apartments on Crown land

Bernard Hickey argues the case for the Government to rapidly ramp up its program of building and selling affordable apartments on Crown land

Bernard's Top 10: Is a US recession coming?; NZ's awful productivity performance; Our just as awful export sector; Why are consumers so worried about the future?; Clarke and Dawe; John Oliver on Brexit

Bernard's Top 10: Is a US recession coming?; NZ's awful productivity performance; Our just as awful export sector; Why are consumers so worried about the future?; Clarke and Dawe; John Oliver on Brexit

PM says Govt looking at creating urban development authorities to allow developers to build both horizontal infrastructure and buildings and then recover money through development contributions; Chinese developers interested, he says

PM says Govt looking at creating urban development authorities to allow developers to build both horizontal infrastructure and buildings and then recover money through development contributions; Chinese developers interested, he says

Bernard Hickey details a scenario where a $1.5 mln median house price is possible for Auckland by 2018 and sets out five ways to stop that happening

Bernard Hickey details a scenario where a $1.5 mln median house price is possible for Auckland by 2018 and sets out five ways to stop that happening

PM cites changing societal norms of later families, more people wanting to rent to explain falling home ownership rate; says RBNZ best placed to target rental property investors; won't use crisis or bubble words for Auckland

PM cites changing societal norms of later families, more people wanting to rent to explain falling home ownership rate; says RBNZ best placed to target rental property investors; won't use crisis or bubble words for Auckland

Bernard Hickey says the Government should listen to Treasury's advice that a surge of low skilled migrants could stunt productivity and wage growth

Bernard Hickey says the Government should listen to Treasury's advice that a surge of low skilled migrants could stunt productivity and wage growth

RBNZ's Wheeler signals tougher loan to value ratio controls for investors 'towards the end of the year, or before that'; says debt to income controls a longer term prospect; confirms already in talks with English

RBNZ's Wheeler signals tougher loan to value ratio controls for investors 'towards the end of the year, or before that'; says debt to income controls a longer term prospect; confirms already in talks with English

RBNZ leaves OCR 2.25% as most local economists expected; Wheeler says NZ$ 'higher than appropriate'; says Auckland house prices 'very high' and more housing supply needed'; says 'further policy easing may be required'

RBNZ leaves OCR 2.25% as most local economists expected; Wheeler says NZ$ 'higher than appropriate'; says Auckland house prices 'very high' and more housing supply needed'; says 'further policy easing may be required'

Treasury warning Govt that surge in temporary work visa arrivals and working foreign students lowering skill levels of migrants and pressuring productivity and wages; Peters calls for sharp cuts in migration; Little eyes changes; Key denies issue

Treasury warning Govt that surge in temporary work visa arrivals and working foreign students lowering skill levels of migrants and pressuring productivity and wages; Peters calls for sharp cuts in migration; Little eyes changes; Key denies issue

English warns highly indebted home buyers about risks of higher interest rates and lower net migration; says ANZ's tightening of lending criteria suggests market near 'risky level'; doesn't want US, Irish-style slump

English warns highly indebted home buyers about risks of higher interest rates and lower net migration; says ANZ's tightening of lending criteria suggests market near 'risky level'; doesn't want US, Irish-style slump

Bernard Hickey argues Auckland's leaders need to aim more for growth per capita rather than just growth for the sake of it. The current low-to-no productivity growth model isn't working for most in the city and that's bad for New Zealand

Bernard Hickey argues Auckland's leaders need to aim more for growth per capita rather than just growth for the sake of it. The current low-to-no productivity growth model isn't working for most in the city and that's bad for New Zealand

ANZ tightens lending criteria for rental propery investors; lowers maximum LVR levels; stops lending to investors buying sections, apartments off the plan; removes combined collateral exemption for Auckland investors so no new loans above 70% LVR

ANZ tightens lending criteria for rental propery investors; lowers maximum LVR levels; stops lending to investors buying sections, apartments off the plan; removes combined collateral exemption for Auckland investors so no new loans above 70% LVR

Smith puts out National Policy Statement that requires high growth Councils to open up 15% more land than is forecast to be required; NPS to be in place by Oct and back up Unitary Plan; Smith sees Commissioner for Auckland not needed

Smith puts out National Policy Statement that requires high growth Councils to open up 15% more land than is forecast to be required; NPS to be in place by Oct and back up Unitary Plan; Smith sees Commissioner for Auckland not needed

Labour and Green parties sign first ever Memorandum of Understanding to work together to change Government

Labour and Green parties sign first ever Memorandum of Understanding to work together to change Government

Justice Minister confirms Govt accelerating 2nd round of Anti Money Laundering rules to include real estate agents, solicitors and lawyers by mid 2017; move follows Panama Papers publicity

Justice Minister confirms Govt accelerating 2nd round of Anti Money Laundering rules to include real estate agents, solicitors and lawyers by mid 2017; move follows Panama Papers publicity

Smith says National Policy Statement on urban land development set for release on Thursday; Could be operative by October; Smith defends developer contributions and dismisses proposal for targeted rates to service infrastructure bonds

Smith says National Policy Statement on urban land development set for release on Thursday; Could be operative by October; Smith defends developer contributions and dismisses proposal for targeted rates to service infrastructure bonds

The Budget showed the Government was still jumping at debt shadows when it needed to be breaking Auckland's housing infrastructure log-jam by borrowing at record-low interest rates

The Budget showed the Government was still jumping at debt shadows when it needed to be breaking Auckland's housing infrastructure log-jam by borrowing at record-low interest rates

Key says the National Policy Statement on urban land use will direct Auckland Council to release land if it fails to meet targets

Key says the National Policy Statement on urban land use will direct Auckland Council to release land if it fails to meet targets

PACT Group pulls out of deal to buy and manage 348 Invercargill state houses; Horowhenua Council and HNZ to 'package' 365 homes for sale; Greens, Labour say Govt's state house sales plan in tatters and call for its cancellation

PACT Group pulls out of deal to buy and manage 348 Invercargill state houses; Horowhenua Council and HNZ to 'package' 365 homes for sale; Greens, Labour say Govt's state house sales plan in tatters and call for its cancellation

Govt sees NZ$0.7 bln OBEGAL surplus in 2016/17; rises to NZ$6.7 bln by 2019/20; NZDMO to borrow NZ$2bln less this year and repay NZ$9.2 bln of debt by 2020; NZSF contributions to restart 2 yrs earlier in 2020/21

Govt sees NZ$0.7 bln OBEGAL surplus in 2016/17; rises to NZ$6.7 bln by 2019/20; NZDMO to borrow NZ$2bln less this year and repay NZ$9.2 bln of debt by 2020; NZSF contributions to restart 2 yrs earlier in 2020/21

Paula Bennett announces plan to offer $5,000 to homeless Aucklanders and state house tenants to leave Auckland live in provinces; policy developed in recent days; Govt accused of flailing and making policy on the run

Paula Bennett announces plan to offer $5,000 to homeless Aucklanders and state house tenants to leave Auckland live in provinces; policy developed in recent days; Govt accused of flailing and making policy on the run

Twyford points to collapse in home ownership rates in South and West Auckland since 2006 and investors hoover up properties; PM says home ownership rates falling all over the world, points to KiwiSaver HomeStart; Debate rages on 'crisis' and motel debts

Twyford points to collapse in home ownership rates in South and West Auckland since 2006 and investors hoover up properties; PM says home ownership rates falling all over the world, points to KiwiSaver HomeStart; Debate rages on 'crisis' and motel debts

English, Bennett signal 'significant' social housing announcement in Budget 2016; Bennett acknowledges housing crisis for homeless; English slams Auckland Council again; Smith denies housing crisis

English, Bennett signal 'significant' social housing announcement in Budget 2016; Bennett acknowledges housing crisis for homeless; English slams Auckland Council again; Smith denies housing crisis