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BUSINESS

Liam Dann: NZ faces big choice on immigration - are we ready?

30 May, 2020 6:00pm
11 minutes to read

For better or worse, immigration has been the magic ingredient in NZ's economic growth.

National Party's Todd Muller. Photo / AP

BUSINESS

Liam Dann: Muller finds his focus with small business policy

29 May, 2020 5:46pm
4 minutes to read

A tight focus on small business and employment helped new National leader back on track.

BUSINESS

Liam Dann: Where economists are looking for recession clues

27 May, 2020 5:47pm
6 minutes to read

These are the top economic indicators to pay attention to in the post-Covid world

Financial confidence dips: New Zealand Herald photograph by Kenny Rodger.

BUSINESS

Job security slumps as new survey maps financial confidence

24 May, 2020 5:00pm
4 minutes to read

A new survey shows that Covid-19 delivered an unprecedented hit to financial resilience.

Massive popularity isn't always a good thing. Photo / File

BUSINESS

Liam Dann: Why Govt's massive popularity is a risk for our recovery

24 May, 2020 5:00am
5 minutes to read

Embracing adaptation doesn't mean we have to live with the survival of the fittest.

People headed back to some sort of ordinary life with post-lockdown coffee as the country went into level 2. Photo / Bevan Conley

BUSINESS

Liam Dann: We did it - now comes the shock of ordinary life

17 May, 2020 5:00am
5 minutes to read

With lockdown and Budget behind us, the challenge of ordinary life looms large.

BUSINESS

Budget 2020: Economists deliver post-Budget hangover

15 May, 2020 5:57pm
3 minutes to read

While broadly supportive of the Budget economists are wary of high debt and rosy forecasts

Finance Minister Grant Robertson. Photo / Mark Mitchell

BUSINESS

Liam Dann: Robertson gets balancing act bang on

14 May, 2020 6:03pm
3 minutes to read

But that might be the easy bit.

Reserve Bank Governor Adrian Orr. July, 2019. New Zealand Herald File Photo Mark Mitchell.

BUSINESS

Liam Dann: Welcome to world where $60b buy-up is no surprise

13 May, 2020 5:51pm
3 minutes to read

The Reserve Bank has doubled down.

Financial Markets Authority CEO Rob Everett. Supplied.

BUSINESS

FMA to company bosses: Be brave and we'll be forgiving

13 May, 2020 5:34pm
4 minutes to read

Directors must front foot liquidity concerns, says Financial Markets Authority chief.

Finance Minister Grant Robertson looks on during a press conference at Parliament on April 14, 2020 in Wellington, New Zealand. Getty Images.

BUSINESS

Budget Preview: No big bang, there is no silver bullet

12 May, 2020 5:38pm
4 minutes to read

Deloitte CEO Thomas Pippos gives his prediction for this year's Budget.

Hairdressers and barbers will be able to work again in level 2. Photo / 123RF

BUSINESS

Liam Dann: Why this week is one of the biggest in NZ's economic history

10 May, 2020 5:00am
5 minutes to read

With the surreal drama of lockdown almost behind us, the real economic grind begins.

BUSINESS

Budget 2020: Robertson faces epic timing dilemma

9 May, 2020 5:00am
7 minutes to read

Expect big numbers as the debt mounts but don't expect to see it all spend next Thursday.

Level 2 rules will allow more activity, but until borders open the pain won't stop. Photo / 123RF

BUSINESS

Quick move to Level 2 can't head off economic slump

7 May, 2020 6:00pm
3 minutes to read

Level 2 rules will allow more activity, but until borders open the pain won't stop.

A man wearing a mask against the spread of the new coronavirus walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, April 23, 2020. AP Photo.

BUSINESS

Market Watch: Why have stocks stayed so strong?

7 May, 2020 5:40pm
4 minutes to read

After a crash in March and surge in April, what's next for the global stockmarket?

The Customs Air Cargo Inspection Facility at Auckland International Airport. Photo / Michael Craig

BUSINESS

Govt freezes Customs fee hikes to help exporters and importers

7 May, 2020 5:00am
2 minutes to read

The Government has put a freeze on planned customs fee increases.

The full impact of the Covid-19 crisis on the labour market is expected to be clearer in the June quarter. Photo / Michael Craig

BUSINESS

Unemployment rate rises to 4.2%, worst still to come

6 May, 2020 10:55am
3 minutes to read

Unemployment data for first quarter indicates economy was in good shape before crisis.

Construction resumes at alert level 3, workers wait for access to building site, Britomart. Photo / Michael Craig

BUSINESS

Job crunch: How bad will unemployment get?

5 May, 2020 5:32pm
5 minutes to read

New data on Wednesday will show unemployment on the rise. How bad it gets is not yet clear

S&P Global says New Zealand is well placed for economic recovery. Photo / File

BUSINESS

S&P Global: NZ successfully navigating crisis

4 May, 2020 5:52pm
4 minutes to read

Ratings agency S&P has praised New Zealand's economy and pandemic response.

BUSINESS

Business Hub: Rob Fyfe - being small and distant now a strength

4 May, 2020 5:40pm
4 minutes to read

Rob Fyfe, now a leader of NZ's Covid-19 response - talked to us about his business vision.

We can create jobs, but let's do it the smart way by looking forwards not backwards. Photo / 123RF

BUSINESS

Liam Dann: Is it time for another economic revolution?

3 May, 2020 5:00am
5 minutes to read

We can create jobs, but let's do it the smart way by looking forwards not backwards.

Home owners have been seeking mortgage relief. Photo / File

BUSINESS

Property lifeline: More than 100,000 Kiwis taking mortgage relief

30 Apr, 2020 5:00am
4 minutes to read

New data shows more than 100,000 households are seeking mortgage relief from their bank.

BNZ chief executive Angela Mentis. Photo / Jason Oxenham

BUSINESS

BNZ boss: Businesses in better shape than post GFC

28 Apr, 2020 5:55pm
5 minutes to read

BNZ's latest half year result took a Covid-19 hit but the CEO remains confident.

Reserve Bank Governor Adrian Orr during a press conference. 05 December, 2019. NZ Herald Photograph by Mark Mitchell.

BUSINESS

Negative interest rates likely this year - Westpac

28 Apr, 2020 5:46pm
4 minutes to read

Westpac economists say the Reserve Bank will be forced to cut OCR below zero this year.

The sun sets behind an idle pump jack near Karnes City, Texas. Demand for oil continues to fall due to the new coronavirus outbreak. Photo / AP

BUSINESS

Liam Dann: Why oil crashed ... and why petrol prices haven't

26 Apr, 2020 5:00am
5 minutes to read

Last week's oil crash was a history-making twist in a time of already epic events.

BUSINESS

Food, fuel and wages: What Covid economy will do to cost of living

20 Apr, 2020 5:00am
3 minutes to read

Today's inflation data will show wage and price rises, but economists say it can't last.

Covid-19 virus level 4 Lockdown - NZ Police stopping motorists at a roadblock checkpoint on the Esmonde Rd motorway on-ramp, Auckland. Photo / Brett Phibbs

BUSINESS

Liam Dann: Why strong lockdown gives NZ the economic edge

19 Apr, 2020 5:00am
5 minutes to read

New Zealand needs to be smart about attracting new investment and finding new markets.

Employers and Manufacturers Association chief executive Brett O'Riley. New Zealand Herald Photograph File Photograph.

BUSINESS

Give business the freedom to lead economic recovery - EMA

18 Apr, 2020 5:00am
6 minutes to read

Business is rearing to go but need help to pivot towards opportunity, says EMA chief.

BUSINESS

'A positive step' - Businesses welcome tax relief, say more needed

15 Apr, 2020 5:51pm
5 minutes to read

New tax rules will be a relief for many small businesses facing a cash-flow crunch.

BUSINESS

Government launches new $3b business tax package

15 Apr, 2020 5:00am
4 minutes to read

Government has announced new measures to help small and medium-sized businesses.

Finance Minister Grant Robertson is preparing to release more Government funding. Photo / File

BUSINESS

Liam Dann: More Government support is coming - much more

14 Apr, 2020 5:42pm
6 minutes to read

Economic scenarios presented by Treasury suggest government support will double - at least

Kiwibank chief executive Steve Jurkovich. New Zealand Herald Photograph by Doug Sherring.

BUSINESS

Bank boss: We need to be open minded about which firms have a future

13 Apr, 2020 5:00am
4 minutes to read

KiwiBank CEO: Banks making calls about which firms have a future need to be open minded

Sir Robert Muldoon had enormous control of the economy from 1975 to 1984. Photo / NZ Herald files

BUSINESS

Liam Dann: Ghost of Muldoon - state support can't mean a return to 1970s

12 Apr, 2020 5:00am
5 minutes to read

Our economy faces a new era of state control but we shouldn't forget lessons of the past.

Homeowners are seeking help with mortgage payments. Photo / File

BUSINESS

New numbers show Kiwis rushing to banks for mortgage help

9 Apr, 2020 5:00am
3 minutes to read

The number of New Zealanders seeking help from their bank to pay the mortgage has surged.

Finance Minister Grant Robertson during a Covid-19 media update at Parliament in Wellington, on Day 9 of the Covid-19 coronavirus lockdown. Photo / Mark Mitchell

BUSINESS

The urgent help needed for small businesses - ASB chief economist

8 Apr, 2020 5:42pm
4 minutes to read

Keeping small business afloat will be key to supporting economy, says ASB's Nick Tuffley.

Fitch said it expects GDP to shrink in both markets in the first half of 2020.

BUSINESS

Banks get credit rating downgrade on tough economy

8 Apr, 2020 9:44am
3 minutes to read

Tougher economic conditions has seen Fitch lower Australian bank ratings by one notch

The situation is grim, and will be for a while, but New Zealand has reasons to be cheerful.

BUSINESS

Liam Dann: 8 reasons NZ is in good shape to get through this

6 Apr, 2020 6:00am
5 minutes to read

The situation is grim, and will be for a while, but NZ has some big things going for it.

Joe Schoendorf Tech Investor Accel Partners at Craggy Range Winery

BUSINESS

Silicon Valley veteran shares secrets of tech success

6 Apr, 2020 5:00am
5 minutes to read

'Go fast or go home', is Silicon Valley veteran Joe Schoendorf's advice.

BUSINESS

Adrian Orr warns: Not all businesses can be saved

3 Apr, 2020 5:44pm
7 minutes to read

Adrian Orr is confident NZ will get through this as long as we look out for each other.

People are reflected on the electronic board of a securities firm in Tokyo, Wednesday, March 18, 2020. AP Photo.

BUSINESS

How to invest in the bear market - winners and losers

1 Apr, 2020 5:48pm
5 minutes to read

The investing landscape just changed radically; Pie Funds CEO Mike Taylor on how we adapt.

The adult minimum wage will increase from today. Photo / File

BUSINESS

Liam Dann: Minimum wage rise means more effort needed to keep firms afloat

1 Apr, 2020 5:46pm
4 minutes to read

The Government forged ahead with minimum wage rises today, will it help or hurt recovery?

New Zealand's Reserve Bank has made another unorthodox policy move. Photo / File

BUSINESS

Reserve Bank's latest emergency move ... and what comes next

30 Mar, 2020 5:54pm
5 minutes to read

New Zealand's Reserve Bank has made another unorthodox policy move.

Traders work at the New York Stock Exchange, Wednesday, March 18, 2020 in New York. Global stock markets have seen wild price swings. AP Photo

BUSINESS

Investors brace for tough week as NZX dips

30 Mar, 2020 10:29am
4 minutes to read

The local NZX-50 slumped again this morning following Wall Street's weekend lead.

Antonia Watson, chief executive of ANZ Bank New Zealand. 17 February 2020 New Zealand Herald photograph by Michael Craig

BUSINESS

Three big reasons our banking system remains strong

29 Mar, 2020 3:00pm
5 minutes to read

ANZ chief executive Antonia Watson says banking system remains strong

Dwelling on the worst-case scenario doesn't seem particularly helpful right now - at least for those of us with little control over events. Photo / 123RF

BUSINESS

Liam Dann: How to stay sane in a world of grim economic news

29 Mar, 2020 5:00am
5 minutes to read

Dwelling on the worst case isn't very helpful for those of us with no control over events.

Westpac economist Dominick Stephens. / Economy Hub screenshot. New Zealand Herald Photograph.

BUSINESS

Aussie stimulus approach futile, NZ on right track - economist

26 Mar, 2020 5:55pm
3 minutes to read

The GDP fall will be steep but so will growth on the other side, says Dominick Stephens.

Workers wearing masks work at a factory for Chinese telecommunications company OPPO in Dongguan, in southern China's Guangdong Province. Photo / AP

BUSINESS

S&P: China now a bright spot as US outlook darkens

26 Mar, 2020 5:00am
3 minutes to read

China's economy shrank dramatically the first quarter but is moving into recovery.

ANZ Bank chief economist Sharon Zollner. Photo / File

BUSINESS

'A lot of countries have spent their bullets, we haven't' - economist

25 Mar, 2020 5:58pm
3 minutes to read

ANZ chief economist Sharon Zollner says NZ is in a good position to weather the storm.

A lone pedestrian wearing a protective mask walks past the New York Stock Exchange in Wall St. Photo / AP

BUSINESS

Liam Dann: How big is this global economic shock? How long will recovery take?

24 Mar, 2020 5:52pm
4 minutes to read

The word "unprecedented" isn't strong enough, writes Liam Dann.

New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. AP File Photo.

BUSINESS

QE Explainer: RBNZ move signals new era for economy

24 Mar, 2020 5:45pm
4 minutes to read

The Reserve Bank draws on New Zealand's collective wealth to stabilise money markets.

Reserve Bank Governor Adrian Orr. Photo / File

BUSINESS

$30b buy: Reserve Bank's emergency move to keep interest rates low

23 Mar, 2020 8:30am
5 minutes to read

"The programme aims to provide further support to the economy."

People are reflected on the electronic board of a securities firm in Tokyo, Wednesday, March 18, 2020.

BUSINESS

How do economists even start to assess coronavirus damage?

22 Mar, 2020 4:30pm
3 minutes to read

KiwiBank economist Jarrod Kerr talks about how he assessing the pandemic fall-out

Pak'nSave Albany, where shoppers queued to buy goods. Photo / Amelia Wade

BUSINESS

Liam Dann: Why supermarkets aren't the scariest markets right now

22 Mar, 2020 5:00am
5 minutes to read

Food supply is causing unnecessary panic but credit markets are a more serious concern.

Financial Markets Authority CEO Rob Everett. Photo / Supplied

BUSINESS

FMA, NZX offer regulatory relief for struggling companies

19 Mar, 2020 5:54pm
3 minutes to read

The FMA has relaxed rules.

BUSINESS

The next big move the Reserve Bank could make

19 Mar, 2020 5:40pm
3 minutes to read

BNZ expects the Reserve Bank to move soon on bond purchases to take stress off credit.

Recession bites: Shoppers walk near Leicester Square in London. Photo / AP

BUSINESS

The 2020 recession is 'here and now' - S&P Global

18 Mar, 2020 6:00pm
5 minutes to read

NZ faces at least three quarters of negative growth, global recession now inevitable.

Petrol prices are set to fall further. Photo / File

BUSINESS

Analysis: Only way is down for petrol as oil slump deepens

18 Mar, 2020 5:44pm
4 minutes to read

Crude oil prices have slumped again as Saudis dig in for showdown with Russia.

Reserve Bank Governor Adrian Orr (left) and Finance Minister Grant Robertson. Photo / File

BUSINESS

Liam Dann: Banks have assured us of their value for years. Now's their chance to show us

18 Mar, 2020 5:00am
4 minutes to read

Banks have long argued their strength is vital to society. Now's their time to prove it.

BUSINESS

How the Reserve Bank's big plan B works - Orr explains

16 Mar, 2020 5:56pm
4 minutes to read

Don't call it printing money, says Orr as the Reserve Bank considers QE.

Reserve Bank Governor Adrian Orr has a natural inclination to appear relaxed even when dealing with crisis. Photo / NZ Herald

BUSINESS

Liam Dann: The historic fight to maintain confidence in our economy

16 Mar, 2020 7:53am
3 minutes to read

Maintaining confidence in financial system is key to riding out coronavirus economic shock

Tom Hanks and Rita Wilson. The couple have tested positive for coronavirus, the actor said. Photo / Supplied

BUSINESS

Liam Dann: Covid-19 is like a box of chocolates

15 Mar, 2020 5:00am
5 minutes to read

It's a worry when a Hollywood star is more reassuring than the US President.

Coronavirus has dealt a final blow to the long-running bull market. Photo / Getty Images

BUSINESS

Liam Dann: Bear roars as long bull market finally falls

13 Mar, 2020 5:38pm
4 minutes to read

The bear market has arrived and despite many warnings it was overdue, it's still a shock.