Bernard Hickey

Nick Smith announces deals done for developments on three Government-owned land sites in Auckland to build 740 homes; sites in Manukau, Mt Albert and Waterview; homes to be built within 18 mths

Nick Smith announces deals done for developments on three Government-owned land sites in Auckland to build 740 homes; sites in Manukau, Mt Albert and Waterview; homes to be built within 18 mths

New Zealand's risk-averse savers would dearly love to invest in infrastructure bonds to fund Auckland's growth. The Auckland Council and the Government should help make that happen

New Zealand's risk-averse savers would dearly love to invest in infrastructure bonds to fund Auckland's growth. The Auckland Council and the Government should help make that happen

English capitalises on Labour call for Auckland to abolish urban boundary; ramps up pressure on Council ahead of Unitary Plan decision; Greens, ACT support Labour too, with caveats; Darby tells Govt to back off; Goff wants Govt funding help

English capitalises on Labour call for Auckland to abolish urban boundary; ramps up pressure on Council ahead of Unitary Plan decision; Greens, ACT support Labour too, with caveats; Darby tells Govt to back off; Goff wants Govt funding help

Labour calls on Govt to abolish Auckland's Rural Urban growth Boundary and relax density controls in upcoming National Policy Statement; also calls for new way to fund infrastructure for developments

Labour calls on Govt to abolish Auckland's Rural Urban growth Boundary and relax density controls in upcoming National Policy Statement; also calls for new way to fund infrastructure for developments

Electricity Authority proposal for new transmission pricing system would raise power bills in Auckland, Northland, Ashburton and Westland by up to NZ$100/yr; Tiwai Pt smelter charges to drop NZ$21 mln a year

Electricity Authority proposal for new transmission pricing system would raise power bills in Auckland, Northland, Ashburton and Westland by up to NZ$100/yr; Tiwai Pt smelter charges to drop NZ$21 mln a year

Key says Govt looking at $3 bln tax cut, either in Budget 2017 or before 2017 election; still committed to cutting net debt to 20% of GDP

Key says Govt looking at $3 bln tax cut, either in Budget 2017 or before 2017 election; still committed to cutting net debt to 20% of GDP

Key defends Govt's actions on affordable and social housing as reports emerge of Auckland families living in garages, cars and containers; suggests families talk to Work and Income; Smith flags land release directive; sees ChCh as model

Key defends Govt's actions on affordable and social housing as reports emerge of Auckland families living in garages, cars and containers; suggests families talk to Work and Income; Smith flags land release directive; sees ChCh as model

Circle August 19 and November 30 in your 2016 calendars because decisions on those days by the Auckland Council and the Reserve Bank respectively could determine house prices, interest rates, the Kiwi dollar and mortgage lending limits for years to come

Circle August 19 and November 30 in your 2016 calendars because decisions on those days by the Auckland Council and the Reserve Bank respectively could determine house prices, interest rates, the Kiwi dollar and mortgage lending limits for years to come

Finance Minister says Govt expects Auckland Council to approve Unitary Plan that caters for housing supply growth needs; says August vote on Plan 'probably the single biggest issue for house prices across the country'

Finance Minister says Govt expects Auckland Council to approve Unitary Plan that caters for housing supply growth needs; says August vote on Plan 'probably the single biggest issue for house prices across the country'

English says Budget 2016 to include spending brought forward from 2017; says money set aside for tax cuts in 2017 reprioritised for debt reduction; still committed to tax cuts 'over time' and either in 2017 or after

English says Budget 2016 to include spending brought forward from 2017; says money set aside for tax cuts in 2017 reprioritised for debt reduction; still committed to tax cuts 'over time' and either in 2017 or after

PM and Finance Minister say they're open to RBNZ proposal for new Macro-Prudential measures, including debt-to-income limits

PM and Finance Minister say they're open to RBNZ proposal for new Macro-Prudential measures, including debt-to-income limits

RBNZ says increasingly concerned about Auckland housing resurgence; says seriously considering new Macro-Prudential measures to improve financial stability; looking at debt-to-income ratio limits

RBNZ says increasingly concerned about Auckland housing resurgence; says seriously considering new Macro-Prudential measures to improve financial stability; looking at debt-to-income ratio limits

Reserve Bank cautious on further LVR controls; only says 'closely monitoring developments to assess whether further financial policy measures would be appropriate'; tells Govt to worker harder on housing supply

Reserve Bank cautious on further LVR controls; only says 'closely monitoring developments to assess whether further financial policy measures would be appropriate'; tells Govt to worker harder on housing supply

Housing Minister says LINZ data showing 3% of home buyers were overseas tax payers settles debate over foreign buyers; says no need for land tax on foreigners on this data

Housing Minister says LINZ data showing 3% of home buyers were overseas tax payers settles debate over foreign buyers; says no need for land tax on foreigners on this data

LINZ says 3% of home, farm and business buyers nationally were foreign tax residents in March qtr; 4% of buyers in Auckland were overseas tax residents; figure may be understated as portion of students and temporary workers said they were NZ tax residents

LINZ says 3% of home, farm and business buyers nationally were foreign tax residents in March qtr; 4% of buyers in Auckland were overseas tax residents; figure may be understated as portion of students and temporary workers said they were NZ tax residents

Finance Minister says RBNZ takes financial stability seriously and will use lending control tools if needed; says he assumes RBNZ will use controls if needed; has been advised generally on RBNZ plans, but watch for more direction tomorrow

Finance Minister says RBNZ takes financial stability seriously and will use lending control tools if needed; says he assumes RBNZ will use controls if needed; has been advised generally on RBNZ plans, but watch for more direction tomorrow

Treasury reports NZ$167 mln OBEGAL surplus for 9 mths to end of March; NZ$334 mln better than forecast; Core Crown tax revenue NZ$702 million better than forecast on stronger economy

Treasury reports NZ$167 mln OBEGAL surplus for 9 mths to end of March; NZ$334 mln better than forecast; Core Crown tax revenue NZ$702 million better than forecast on stronger economy

PM says Government to accelerate introduction of second round of Anti-Money Laundering rules to include solicitors, accountants and real estate agents after Panama Papers; Dunne concerned about reputational damage to NZ from tax haven talk

PM says Government to accelerate introduction of second round of Anti-Money Laundering rules to include solicitors, accountants and real estate agents after Panama Papers; Dunne concerned about reputational damage to NZ from tax haven talk

Key says after reports from TVNZ, RNZ and Hager on Panama Papers that Hager a 'left wing conspiracy theorist'; says NZ just a 'footnote' in latest revelations; says Govt may reform foreign trust if Shewan recommends

Key says after reports from TVNZ, RNZ and Hager on Panama Papers that Hager a 'left wing conspiracy theorist'; says NZ just a 'footnote' in latest revelations; says Govt may reform foreign trust if Shewan recommends

Bernard Hickey asks why over a third of a million unemployed and underemployed New Zealanders can't find jobs at the same time that employers want migration rules to be relaxed so they can import more workers

Bernard Hickey asks why over a third of a million unemployed and underemployed New Zealanders can't find jobs at the same time that employers want migration rules to be relaxed so they can import more workers

Labour's Healthy Homes Guarantee Bill passes first reading with Dunne's support; would force landlords to improve insulation and pay for heat pumps; Landlords and Govt opposed, saying it would increase rents

Labour's Healthy Homes Guarantee Bill passes first reading with Dunne's support; would force landlords to improve insulation and pay for heat pumps; Landlords and Govt opposed, saying it would increase rents

Housing Minister says Government does not believe there is a housing crisis; sees a "challenge"; says rising house demand a 'good news story' that requires supply response; Seymour asks how affordable housing would be with 9% mortgage rate

Housing Minister says Government does not believe there is a housing crisis; sees a "challenge"; says rising house demand a 'good news story' that requires supply response; Seymour asks how affordable housing would be with 9% mortgage rate

Bernard's Top 10: Japan's lost quarter century; China's (very) eventual day of debt reckoning; 'A sham trust from the start'; Australia's negative gearing battle between the old and the young; Clarke and Dawe; John Oliver

Bernard's Top 10: Japan's lost quarter century; China's (very) eventual day of debt reckoning; 'A sham trust from the start'; Australia's negative gearing battle between the old and the young; Clarke and Dawe; John Oliver

Statistics NZ reports 1.2% jobs growth in March quarter; private sector LCI wage growth 1.8% for year; both jobs and wages growth above most forecasts; Jobless rate up to 5.7% as participation rate rises

Statistics NZ reports 1.2% jobs growth in March quarter; private sector LCI wage growth 1.8% for year; both jobs and wages growth above most forecasts; Jobless rate up to 5.7% as participation rate rises

Key says Ken Whitney's email to Todd McClay saying Key thought there was no plans to change foreign trust regime was "sloppily written"; Key repeats knew nothing of review plan; says often approached by public in person; cites Koru lounge as example

Key says Ken Whitney's email to Todd McClay saying Key thought there was no plans to change foreign trust regime was "sloppily written"; Key repeats knew nothing of review plan; says often approached by public in person; cites Koru lounge as example