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We still have a bit of a buffer protecting us from that $3 petrol price mark. Photo / Getty Images

BUSINESS

Liam Dann: The expensive cocktail that could hit Kiwi motorists

16 Sep, 2019 1:14pm
4 minutes to read

The combination of a low NZ dollar with high oil prices could be an expensive cocktail.

US President Donald Trump, left, shakes hands with Chinese President Xi Jinping. Photo / AP

BUSINESS

Liam Dann: Hong Kong's tough choice makes NZ look lucky

15 Sep, 2019 5:01am
5 minutes to read

COMMENT: Clash of ideologies in Hong Kong puts NZ's diplomatic dilemmas in perspective.

Riot police block a street at central in Hong Kong last week. AP Photo/Vincent Yu

BUSINESS

Liam Dann: A strange and interesting time to be in Hong Kong

11 Sep, 2019 6:11pm
5 minutes to read

In Hong Kong business leaders are still trying to focus on strategic commercial goals.

The US has a history of implementing trade-distorting policy which pre-dates Donald Trump's arrival in the White House. Photo / AP

BUSINESS

Trade barriers for NZ exporters spike - US worst culprit

9 Sep, 2019 5:00am
3 minutes to read

Donald Trump's trade war has given many countries a green light to increase barriers.

Our currency is off almost 10 per cent in six months — how low will it go? Photo / 123RF

BUSINESS

Liam Dann: Can the kiwi win a global race to the bottom?

8 Sep, 2019 5:00am
5 minutes to read

COMMENT: Our currency is off almost 10 per cent in six months - how low will it go?

As interest rates and bonds head for negative territory, what keeps investors interested? Photo / 123RF

BUSINESS

Market Watch: Why do investors buy bonds with negative returns?

7 Sep, 2019 8:44am
3 minutes to read

As interest rates and bonds head for negative territory, what keeps investors interested?

Mortgage rates are set to drop further. Photo / Getty Images

BUSINESS

ANZ picks OCR to keep falling - three more cuts by May

6 Sep, 2019 5:40pm
3 minutes to read

ANZ economists expect slowing growth will force three more official cash rate cuts.

Finance Minister Grant Robertson. Photo / File

BUSINESS

Robertson holds nerve on spending as growth slows

5 Sep, 2019 6:03pm
5 minutes to read

Is it time for emergency fiscal stimulus? "We're not there yet," says Finance Minister.

MYOB chief executive Tim Reed steps down this month after 12 years of dramatic industry change. Picture supplied

BUSINESS

MYOB chief leaving on optimistic note

3 Sep, 2019 5:00am
5 minutes to read

Outgoing MYOB chief executive Tim Reed on the confidence challenge facing business

Will it be tax cuts or welfare? Photo / 123RF

BUSINESS

Liam Dann: Get set for most stimulating NZ election in a generation

1 Sep, 2019 5:00am
5 minutes to read

COMMENT: Call's gone out for govt to stimulate growth. Should we tax less or spend more?

Tense times: US President Donald Trump shakes hands with Chinese President Xi Jinping during a meeting of the G-20 summit in Osaka, Japan. Photo / AP

BUSINESS

How the trade war is hurting NZ - threat vs reality

31 Aug, 2019 10:55am
9 minutes to read

As the trade war heats up markets are rattled, but how hard is it really hitting NZ?

New Zealanders still shopping. Consumer confidence is holding firm. Photo / File

BUSINESS

Liam Dann: Can we shop our way through a downturn?

30 Aug, 2019 6:03pm
4 minutes to read

Consumer confidence is holding up despite business gloom - can it last?

BUSINESS

Good news for retailers as consumer confidence holds

30 Aug, 2019 11:08am
2 minutes to read

Consumers feel better about the economy than business according to latest survey.

Despite trade war there's still hope for global growth, says a global chief economist. Photo / 123RF

BUSINESS

Surviving the trade war - 'There's a path through this'

28 Aug, 2019 6:03pm
3 minutes to read

Despite trade war there's still hope for global growth, says S&P global chief economist.

President Donald Trump speaks with reporters outside the White House. Photo / AP

BUSINESS

Liam Dann: Is this the stupidest thing Trump's ever said?

25 Aug, 2019 4:31pm
5 minutes to read

COMMENT: Never mind Greenland, it doesn't get dumber than Trump's 2018 take on trade wars.

BUSINESS

Liam Dann dives into the weird world of negative interest rates

23 Aug, 2019 5:58pm
12 minutes to read

Is NZ headed for negative rates? How will they work? And why is Adrian Orr so relaxed?

The Hiscos' house at 269 St Heliers Bay Rd, Auckland. Photo / Google

BUSINESS

ANZ should have disclosed sale of $6.9m Hisco mansion - FMA

22 Aug, 2019 6:23pm
4 minutes to read

Sale of house wasn't disclosed in 2017 financial statements.

Slowing growth - a slump in log prices is one factor dampening economic growth, Westpac economists say. Photo / File

BUSINESS

Westpac's warning: Economy will get worse before it gets better

21 Aug, 2019 5:00am
2 minutes to read

GDP growth has slowed and while lower rates will provide a boost, it maybe short lived.

Reserve Bank Governor Adrian Orr. Photo / File

BUSINESS

Adrian Orr heading to the banker pow-wow that can change the world

20 Aug, 2019 6:30pm
3 minutes to read

RBNZ Governor Adrian Orr will mix with the world's top economists at Jackson Hole retreat.

Grant Robertson, Minister of Finance and Minister of Sport and Recreation, in his Beehive office, Parliament, Wellington. Photo / Mark Mitchell

BUSINESS

Liam Dann: Fair fiscal winds blowing Labour's way

11 Aug, 2019 5:00am
5 minutes to read

COMMENT: Calls from economists for more govt spending will suit Labour in election year.

Negative interest rates and other unorthodox monetary policy tools are drawing nearer. Photo / 123RF

BUSINESS

Economy Hub: Free falling - will rates go negative?

9 Aug, 2019 6:05pm
5 minutes to read

NZ Super Fund economist Mike Frith talks about a world of negative rates, QE and trade war

Reserve Bank of New Zealand Governor Adrian Orr. Photo / Bloomberg

BUSINESS

Reserve Bank Governor's blunt message to savers

8 Aug, 2019 6:24pm
4 minutes to read

Adrian Orr says we need to get used to a world of low rates.

I suspect Reserve Bank Governor Adrian Orr might be quite a good poker player. Photo / 123RF

BUSINESS

Liam Dann: I hope Adrian Orr is better at poker than me

8 Aug, 2019 6:03pm
3 minutes to read

Does a double cut in the official cash rate leave enough in the tank for a real crisis?

Economists' interest-rate outlooks are getting increasingly gloomy as market woes escalate. Photo / 123RF

BUSINESS

Gloomy outlook: Interest rates tipped to go below 1 per cent

6 Aug, 2019 6:40pm
3 minutes to read

Economists' interest-rate outlooks getting increasingly gloomy as market woes escalate.

Unemployment has continued to drop, making it tough to find staff. Photo / Getty Images

BUSINESS

Unemployment defies gloomy forecasts, hits new low

6 Aug, 2019 10:40am
3 minutes to read

Unemployment rate lowest since the June 2008 quarter.

On the rise: Job seekers at an employment convention. NZ Herald File Pic

BUSINESS

Unemployment: The statistic that can sink governments

6 Aug, 2019 5:00am
3 minutes to read

Unemployment is expected to have ticked upwards in the latest stats. Could it be a trend?

US President Donald Trump's spin is that he's presiding over the greatest US economy in history. Photo / AP

BUSINESS

Liam Dann: Trump and Ardern stuck on the same economic page

4 Aug, 2019 5:30am
5 minutes to read

COMMENT: Both of them must now pin their monetary policy forces outside their control.

Wall Street's best performer Netflix has delivered a 5,891 per cent return since the market low point in March 2009. Photo / Bloomberg

BUSINESS

If you'd picked these stocks you could retire early

3 Aug, 2019 10:18am
4 minutes to read

Market Watch takes a look at the best and worst performing stocks of the decade.

President Donald Trump (left) will be eyeing Federal Reserve chair Jerome Powell's rate cuts decision tomorrow. Photo / Getty Images

BUSINESS

Here comes the big economic call that's driving Trump crazy

31 Jul, 2019 6:41pm
4 minutes to read

For all Donald Trump's noise, the US Fed's interest rate call sets the economic agenda.

Times are getting tougher in the construction sector. Photo / File

BUSINESS

Business confidence slumps on construction sector woes

31 Jul, 2019 6:19pm
3 minutes to read

Headline business confidence has slumped in the latest ANZ Business Outlook.

President Donald Trump, left, meets Chinese President Xi Jinping during a meeting at the G20 summit in Osaka, Japan, earlier this year. Photo / AP

BUSINESS

Liam Dann: Markets on edge as China and US face-off on trade

28 Jul, 2019 5:00am
5 minutes to read

COMMENT: Can officials broker peace in the trade war that's slowing global growth?

BUSINESS

Optimism dwindles as yet another economist lowers outlook

25 Jul, 2019 11:02am
2 minutes to read

Westpac's Dominick Stephens now picks two rate cuts will be needed to boost the economy.

New Zealand dairying growth has been super charged by debt - New Zealand Herald File Photograph

BUSINESS

Nation of Debt: Dairy danger as repayment risks rise

21 Jul, 2019 5:00pm
4 minutes to read

Dairy debt is troubling the Reserve Bank as risks around the industry grow

The bulk of New Zealand's debt is in housing. Photo / File

BUSINESS

Liam Dann: Global debt is soaring, why should we care?

21 Jul, 2019 5:00am
5 minutes to read

COMMENT: Globally debt is rising again. Should we be worried? Or should we embrace it?

New Zealand has more debt than ever. Image / NZH

BUSINESS

Nation of Debt: Kiwis owe $571 billion - or $115,000 each

19 Jul, 2019 6:06pm
10 minutes to read

New Zealand is deeper in debt than ever. Why does it matter? And how do we get out?

Consumer confidence may fall - shoppers on the streets of Napier. NZME File Photograph.

BUSINESS

Consumer confidence on the brink

19 Jul, 2019 5:00am
3 minutes to read

Infometrics' latest forecast is downbeat on growth, tipping consumer confidence to fall.

Air travel has continues to get cheaper despite rising fuel costs. Photo / Grant Bradley

BUSINESS

Slowing economy tipped to burst inflation bubble

16 Jul, 2019 6:53pm
3 minutes to read

Inflation is up slightly but not enough to inspire confidence in the sluggish economy.

Petrol prices rose in the June quarter pushing inflation higher. NZME File Photo.

BUSINESS

Higher petrol prices drive up inflation

16 Jul, 2019 9:43am
3 minutes to read

The Consumer Price Index shows higher fuel costs driving a slight rise in inflation.

There are many broken hearts across New Zealand today. Photo / File.

BUSINESS

Can you handle failure? Business lessons from the Black Caps loss

15 Jul, 2019 11:18am
7 minutes to read

Feeling glum about the Black Caps? The Harvard Business Review has some tips for coping.

Ross Taylor bats during the Cricket World Cup 2019 match between New Zealand and Australia at Lord's. Photo / Photosport

BUSINESS

Liam Dann: Unlikely rock stars - the economy vs the Black Caps

14 Jul, 2019 6:00am
5 minutes to read

COMMENT: Why our frustrating, patchy but "better-than-we-think" economy is like Black Caps

Bank profits were up in the first quarter of 2019 despite a subdued lending environment. Photo / File

BUSINESS

Banks make $1.45bn in three months despite market changes

11 Jul, 2019 6:28pm
3 minutes to read

Bank profits were up in the first quarter of 2019 despite a subdued lending environment.

Close-up of the vehicle plug on New Zealand's first solar-powered electric vehicle (EV) charger which is located in downtown Tauranga. NZH File Photo.

BUSINESS

Liam Dann: Kiwis are still too addicted to petrol

9 Jul, 2019 6:30pm
4 minutes to read

Electric vehicles are cheaper but are still losing the race against the oil industry.

President Donald Trump poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, Saturday, June 29, 2019. (AP Photo)

BUSINESS

'Be unapologetic globalists' - OECD advice to NZ

8 Jul, 2019 11:00am
3 minutes to read

Open markets will prevail despite the current US/China trade tension, says OECD director.

The banks hold the aces, but did they overplay their hand? Photo / 123RF

BUSINESS

Liam Dann: Aussie bankers overplayed their hand

7 Jul, 2019 5:00am
5 minutes to read

COMMENT: New Zealanders should be careful to not overplay theirs.

On the rise: Stocks soared on Wall Street this week, erasing the market's losses from May. Photo / AP

BUSINESS

Market Watch: Why shares are hitting new highs as economic fears rise

6 Jul, 2019 8:20am
3 minutes to read

The 10-year market bull run just keeps going as interest rates fall around the world.

BNZ and ANZ banks. Could they list on the NZX if the Aussie bosses don't get their way? Photo / File

BUSINESS

Threat of Aussie bank sell-down welcomed by local market

3 Jul, 2019 6:16pm
4 minutes to read

Local market players would welcome the NZX listing of local banks but don't believe it

ANZ says the proposed capital requirements would see it reduce its NZ footprint. Photo / Getty Images

BUSINESS

ANZ threatens to 'review and reconsider' NZ operations

1 Jul, 2019 4:06pm
5 minutes to read

ANZ says the proposed capital requirements would see it reduce its NZ footprint.

It seems worth remembering how far we have come. Photo / 123RF

BUSINESS

Liam Dann: The economic numbers that would have blown us away in 1980s

30 Jun, 2019 5:00am
5 minutes to read

COMMENT: How the economy has changed in the past 30 years.

Financial Markets Authority chief executive Rob Everett (left), and the Reserve Bank Governor Adrian Orr, now face a fresh round of inquiry into ANZ's governance performance. Photo / File

BUSINESS

Will regulators get straight answers from ANZ's board?

29 Jun, 2019 8:45am
7 minutes to read

Who will review the ANZ board? How long will it take and what power do regulators have?

Ex-CEO of ANZ New Zealand David Hisco left under a cloud. In the wake of his departure both the RBNZ and FMA will now look into governance at the bank. File Pic.

BUSINESS

Watchdog confirms it is looking at Hisco house issue

28 Jun, 2019 5:48pm
3 minutes to read

The FMA and RBNZ will both now be probe matters relating to ANZ's governance

ANZ New Zealand chairman John Key. Photo / File

BUSINESS

ANZ board was called to RBNZ Governor's office

26 Jun, 2019 7:00pm
5 minutes to read

ANZ still refuses to answer specific questions about sale of a house to the ex-CEO's wife.

The first commercial Boeing 787 Dreamliner aircraft run by China Southern Airlines lands in Auckland. Photo / File

BUSINESS

Could NZ accommodate another 200 million tourists over next 20 years?

25 Jun, 2019 7:00pm
6 minutes to read

New Zealand is set to benefit from its position mid-way between China and South America.

BUSINESS

Liam Dann: Banks in the gun as Government and regulators talk tough

24 Jun, 2019 6:44pm
4 minutes to read

The Government, FMA and Reserve Bank released a rapid-fire barrage of banking initiatives.

Financial Markets Authority chief executive Rob Everett, left, and the Reserve Bank Governor Adrian Orr after releasing the initial Bank Conduct and Culture Report in November. NZH File Photo

BUSINESS

'You need to lead by example': Bank bosses served a warning in major new report

24 Jun, 2019 2:22pm
3 minutes to read

RBNZ Governor warns bigger questions remain about the governance culture of our banks.

Former ANZ New Zealand CEO David Hisco. Photo / NZ Herald

BUSINESS

Liam Dann: Hisco's departure the spark in tinder dry banking sector

23 Jun, 2019 5:00am
5 minutes to read

COMMENT: The departure hits local banking at a time when tensions were already high.

Tony Mitchell, new chairman of the NZ Shareholders Association. Photo / File

BUSINESS

The interview: New Shareholders Association chair to keep pressure on boards

22 Jun, 2019 8:40am
7 minutes to read

New Shareholder's Association chair Tony Mitchell wants Kiwi investors to be more engaged.

Building boom - GDP in the first quarter has been bolstered by strength in the construction sector. Photo / Getty Images

BUSINESS

Building boom keeps GDP growth on track - just

20 Jun, 2019 6:58pm
4 minutes to read

GDP growth came in on target for the first quarter but held warnings for the outlook

Former ANZ boss David Hisco. Photo / Getty Images

BUSINESS

Liam Dann: Was ANZ boss David Hisco thrown under the bus?

19 Jun, 2019 6:20pm
5 minutes to read

COMMENT: There are some big questions hanging over the high-profile departure.

Construction may have accounted for half of GDP growth in the first quarter. Photo / Jason Oxenham

BUSINESS

Liam Dann: Unloved and out of fashion - GDP still matters

19 Jun, 2019 5:00am
4 minutes to read

GDP growth still plays a big part in national wellbeing - so how is it tracking?

Former ANZ New Zealand boss David Hisco. Photo / Getty Images

BUSINESS

NZ bank conduct review won't address Hisco concerns

18 Jun, 2019 6:38pm
4 minutes to read

A bank conduct and culture review due this month won't address concerns about ex-ANZ head.

Sir John Key was a guest speaker at the Institute of Finance Professionals NZ. Photo / Greg Bowker

BUSINESS

Liam Dann: Pressure on Key as ANZ turmoil grows

17 Jun, 2019 12:45pm
3 minutes to read

Pressure is mounting on ANZ chairman John Key after the second serious issue this year

Pigs at a farm in Jiangjiaqiao village in northern China's Hebei province. Photo / AP

BUSINESS

Liam Dann: Swine fever casts shadow on global economy

16 Jun, 2019 10:56am
5 minutes to read

COMMENT: Epidemic has potential to change the economic equations for New Zealand.