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Sharon Zollner, chief economist at ANZ Bank. Photo / Dean Purcell

BUSINESS

Liam Dann: The five things that will shape the Kiwi economy in 2020

4 Jan, 2020 5:00am
8 minutes to read

What are the trends that will define the economy this year? We ask top economists.

Environmental activist Greta Thunberg, of Sweden, addresses the Climate Action Summit in the United Nations General Assembly, at UN headquarters on September 23. Photo / AP

BUSINESS

Best of 2019: Why old men are triggered by Greta Thunberg

1 Jan, 2020 11:24am
3 minutes to read

Greta Thunberg forces Liam Dann to confront the angry old man inside his head.

Bay of Islands. New Zealand includes some 600 islands in total. Photo / Doug Sherring

BUSINESS

Liam Dann: Cheering up a tiny nation of 600 islands

22 Dec, 2019 5:00am
5 minutes to read

A little Christmas optimism.

Kiwis answered the call to spend in the September quarter, boosting the country's GDP. Photo / File

BUSINESS

Who's the hero of the GDP rebound? You are ... you and your credit card

19 Dec, 2019 5:56pm
3 minutes to read

Shoppers propped up GDP in the 3rd quarter, spending through the economy's darkest hour.

GDP in the September 2019 quarter was boosted by retail spending. Photo / File

BUSINESS

Shoppers boost economy - GDP growth better than expected

19 Dec, 2019 10:06am
3 minutes to read

Gross domestic product increased 0.7 per cent in the September 2019 quarter.

GDP growth has slowed but a recent run of strong data suggests it's not as bad as expected. Photo / File

BUSINESS

Data points to economic boost

16 Dec, 2019 5:00am
4 minutes to read

GDP growth has slowed but recent run of strong data suggests it's not as bad as expected.

A homeowner, an investor and a worker walk into a pub... Photo / 123RF

BUSINESS

Liam Dann: The bad joke that spoiled a golden decade

15 Dec, 2019 4:44am
5 minutes to read

As the decade draws to a close Liam Dann looks back on the forces that shaped our lives.

Cathy Quinn is stepping down as a partner at MinterEllisonRuddWatts. Photo / File

BUSINESS

The Interview: Cathy Quinn, going out on a legal high

14 Dec, 2019 5:00am
9 minutes to read

High profile lawyer Cathy Quinn is stepping down after 34 years in the thick of the action

President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, December, 2019. (AP Photo)

BUSINESS

Market Watch: Eight big picks for 2020

13 Dec, 2019 5:50pm
3 minutes to read

Can markets hit new highs in 2020 after a huge 2019? Or will politics unsettle investors?

Finance Minister Grant Robertson. Photo / Bloomberg

BUSINESS

Liam Dann: What a time to be a finance minister

11 Dec, 2019 5:51pm
4 minutes to read

Days of austerity are over as new government spending gets thumbs up amid calls for more.

Opportunities could open up for Kiwbank. Photo / File

BUSINESS

Liam Dann: Let's fuel-inject Kiwibank and challenge Aussie dominance

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

If the big Aussie banks want to pull back from their NZ businesses, Kiwibank can step in.

Market Watch looks back at 2019. It turned out to be a strong year for stock markets. Photo / AP

BUSINESS

Market Watch: Our picks for 2019, what we got right...and wrong

6 Dec, 2019 5:45pm
3 minutes to read

Market Watch looks back at 2019. It turned out to be a strong year for stock markets.

Reserve Bank Governor Adrian Orr during his press conference in Wellington after releasing the final decisions on their capital review. Photo / Mark Mitchell

BUSINESS

Liam Dann: Banks raise the white flag on capital review

5 Dec, 2019 7:00pm
4 minutes to read

Bank bosses seem resigned to working with the Reserve Bank's new tougher capital rules.

Finance Minister Grant Robertson, here with Prime Minister Jacinda Ardern, has faced a barrage of calls to loosen the purse strings to boost flagging economic growth. Photo / Marty Melville

BUSINESS

Liam Dann: Will the big Govt spend-up boost the economy?

3 Dec, 2019 5:35pm
4 minutes to read

The big infrastructure spend-up will be good for the economy, just don't call it stimulus.

ANZ's NZ chief executive David Hisco departed after inappropriate expense claims. Photo / NZ Herald

BUSINESS

Liam Dann: A horrible year for bankers ... and it's not over yet

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

Could this year get any worse for the Aussie banking sector? Yes, maybe on Thursday.

Economist and professor Richard Easterlin who pioneered wellbeing economics, visited New Zealand this week, (Photo via Getty Images).

BUSINESS

Why GDP growth doesn't make people happier

30 Nov, 2019 5:00am
7 minutes to read

Visiting US economist Richard Easterlin talks to Liam Dann about the science of happiness.

BUSINESS

Business confidence rebounds - 'the vibe is changing'

28 Nov, 2019 5:45pm
3 minutes to read

Business confidence was stronger across the board, according to the latest ANZ Outlook.

LVRs have played a key part in getting house prices under control. Photo / File

BUSINESS

Liam Dann: Reserve Bank call on LVRs is good news for first-home buyers

27 Nov, 2019 5:53pm
4 minutes to read

It seems counter intuitive but LVRs are increasingly helping first-home buyers.

Kiwis upgraded their phones, TVs and electronic gadgets to view the Rugby World Cup, which was largely available via streaming for the first time. Photo / File

BUSINESS

Kiwis went on Rugby World Cup spending spree, retail figures show

26 Nov, 2019 5:38pm
3 minutes to read

Retails sales figures for the September quarter show a strong rise in consumer spending.

Prime Minister Jacinda Ardern and Deputy Prime Minister Winston Peters, during Question Time in Parliament, Wellington. Photo / Mark Mitchell

BUSINESS

ASB: Slowdown not over yet, Govt needs to do more

25 Nov, 2019 5:00am
3 minutes to read

ASB economists warn the economy is still slowing and more government stimulus is needed.

Unfortunately you aren't getting younger, unlike Brad Pitt's character in the Curious Case of Benjamin Button. Photo / Supplied

BUSINESS

Liam Dann: Busting New Zealand's ageing population myth

24 Nov, 2019 5:00am
5 minutes to read

Is NZ's population really ageing - new data shows immigration may have changed our future.

Will house hunters and investors get a break on bank lending rules next week? Photo / File

BUSINESS

Big Read: Will they stay or will they go? LVRs under review

22 Nov, 2019 5:43pm
11 minutes to read

Will house hunters and investors get a break on bank lending rules next week?

BUSINESS

Liam Dann: Ardern serves up a breakfast of smashed avocado and change

21 Nov, 2019 5:50pm
4 minutes to read

We needn't fear uncertainty and should embrace change, PM tells business leaders.

On the rebound - the worst of the economic slowdown may be over say Westpac economists. Photo / File

BUSINESS

Westpac: The worst is over, economy headed for rebound

20 Nov, 2019 5:00am
4 minutes to read

Headwinds remain but the slowdown in GDP growth may have bottomed out, say economists.

New Zealand got famous. The Late Show with Stephen Colbert and guest Jacinda Ardern. Photo / CBS

BUSINESS

NZ's population prediction was out by 30 years - the price we're paying

17 Nov, 2019 5:00am
5 minutes to read

COMMENT: The brain drain tap has been turned down.

New house price data shows the market heading back into record territory.

BUSINESS

Did the hot housing market sway RBNZ's rate call?

15 Nov, 2019 7:00pm
3 minutes to read

RBNZ says it's conscious of a strong relationship between the economy and house prices.

Peter McBride of Zespri International, winner of Chairperson of the Year at the 2018 Deloitte Top 200 Awards. Photo / Shaun Ross.

BUSINESS

Deloitte Top 200: Why good governance matters

15 Nov, 2019 5:00am
4 minutes to read

The Aussie banking inquiry has put the spotlight on good corporate governance

Reserve Bank of NZ Governor Adrian Orr during a press conference after announcing the official cash rate (OCR) New Zealand Herald File Photo by Mark Mitchell.

BUSINESS

Liam Dann: RBNZ's summer breather makes me feel fine

13 Nov, 2019 5:53pm
3 minutes to read

Today's OCR call surprised markets but was hardly out of the blue.

Arrivals are higher now than when net migration peaked in 2016. Photo / Greg Bowker

BUSINESS

Liam Dann: New data confirms this Govt hasn't shifted the dial on immigration

12 Nov, 2019 5:46pm
4 minutes to read

New Zealand's rate of net migration gain still running three times higher than the UK.

Reserve Bank Governor Adrian Orr. Photo / File

BUSINESS

Date locked in for controversial bank capital decision

11 Nov, 2019 5:39pm
3 minutes to read

Banks will find out how much extra capital they must on hold on December 5.

You don't need to be the top student in class to get the OCR. Photo / Getty Images

BUSINESS

Liam Dann: An idiot's guide to the Official Cash Rate

10 Nov, 2019 5:00am
5 minutes to read

An OCR decision provides a barometer of the economy. Next Wednesday could go either way.

There are signs that suggest the job market is worse than it looks. Photo / 123RF

BUSINESS

Liam Dann: Jobs market may be worse than it looks

6 Nov, 2019 5:55pm
4 minutes to read

There are cracks appearing in New Zealand's strong labour data. Should we be worried?

Wage growth has accelerated but has been aided by government policy. NZH File Photo.

BUSINESS

Unemployment rises to 4.2 per cent as wages hit 10-year high

6 Nov, 2019 11:30am
3 minutes to read

This comes after unemployment dropped to an 11-year low in June.

Prime Minister Jacinda Ardern, Indian Prime Minister Narendra Modi and Chinese Premier Li Keqiang chat ahead of a group photo being taken at the summit in Bangkok. Photo / AP

BUSINESS

RCEP deal a win but 'trade war still casts big shadow'

5 Nov, 2019 5:58pm
3 minutes to read

The RCEP agreement sends a positive signal on free trade at an otherwise gloomy time.

Wage growth has been low for the past decade against a backdrop of generally low inflation. Photo / File

BUSINESS

Economist tips wage growth to hit 10-year high

4 Nov, 2019 5:00am
3 minutes to read

Unemployment has likely risen, but the labour market remains tight, pushing wages up.

Westpac's latest upbeat housing market forecast hit the headlines. Photo / 123RF

BUSINESS

Liam Dann: What that upbeat housing forecast really means for economy

3 Nov, 2019 12:40pm
5 minutes to read

COMMENT: We shouldn't be cheering for a resurgent market - but we probably will anyway.

BUSINESS

Liam Dann: Good news for Govt as business and consumer confidence turns

1 Nov, 2019 5:55pm
3 minutes to read

Consumer and business confidence getting better? Perhaps, but they couldn't get much worse

Image taken from video, British Prime Minister Boris Johnson speaking in the House of Commons, London, Tuesday Oct. 29, 2019. Britain is on course for a December general election (via AP)

BUSINESS

MarketWatch: UK economy coping with Brexit chaos

1 Nov, 2019 5:38pm
4 minutes to read

One CEO says the UK will be much better off in 2020 either way.

BUSINESS

'It's a start' - business confidence starting to stabilise

31 Oct, 2019 5:48pm
3 minutes to read

There are signs that business confidence is starting to bottom out in latest ANZ survey.

Farmers ride to the economic rescue, again. Photo / Hawke's Bay Today

BUSINESS

Liam Dann: Farmers riding to NZ's economic rescue ... again

27 Oct, 2019 5:00am
5 minutes to read

COMMENT: Commodity prices are likely to keep NZ ahead of the pack as global economy slows.

AUT economics professor Gail Pacheco. Photo / File

BUSINESS

Escape from Iraq invasion inspired economic focus on the vulnerable

26 Oct, 2019 5:00am
8 minutes to read

Having teenage years disrupted by war influenced the research of economist Gail Pacheco.

Fonterra's branding at the China Dairy Expo and Summit in Xian in 2014. Photo / Mark Mitchell

BUSINESS

Exports to China still growing strong despite trade war

23 Oct, 2019 12:03pm
3 minutes to read

The US/China trade war hasn't dampened global demand for New Zealand food exports.

Former ANZ Bank boss David Hisco at his holiday home in Omaha Beach. 19 October 2019 New Zealand Herald Photograph by Dean Purcell. NZH 20Oct19 -

BUSINESS

'Daft and deeply frustrating': Watchdog slams ANZ's Hisco house sale

22 Oct, 2019 5:50pm
4 minutes to read

FMA chief expresses his frustration at ANZ's handling of its CEO house sale.

Finance Minister Grant Robertson will have fiscal flexibility ahead of the next general election. Photo / File

BUSINESS

Liam Dann: Govt should ignore calls for panic spending

20 Oct, 2019 5:00am
5 minutes to read

Calls for Grant Robertson to launch emergency economic stimulus are unrealistic.

A still from TV3's launch programme in November 1989. Photo / Supplied

BUSINESS

TV3's complex history: Sale casts shadow over 30th anniversary

18 Oct, 2019 5:55pm
4 minutes to read

TV3 and MediaWorks have seen plenty of financial turmoil over the past 30 years.

If you think your bank deposit rate is bad take a look at the bonds Toyota just issued. Photo / 123RF

BUSINESS

And you thought your bank rate was bad ... Toyota's 0% offer

17 Oct, 2019 5:51pm
3 minutes to read

Expect to see more of these mind-bendingly complex investment products hitting the market.

ANZ Chief economist Sharon Zollner. Photo / File

BUSINESS

What NZ's gloomiest economist thinks of the economy

16 Oct, 2019 5:44pm
6 minutes to read

ANZ chief economist Sharon Zollner isn't as downbeat about the economy as you might think.

President Donald Trump speaks at the Values Voter Summit in Washington. Photo / AP

BUSINESS

Liam Dann: Did Trump just win the trade war? (Spoiler alert: no)

14 Oct, 2019 12:28pm
4 minutes to read

Trump is hailing a great trade deal but in the real world analysts see an uneasy truce.

BUSINESS

Building confidence: Can we turn around the economic gloom?

14 Oct, 2019 5:00am
7 minutes to read

Why is business so gloomy ... and what would it take to cheer them up?

New Zealand's finance company sector famously collapsed between 2006 and 2009. Photo / Getty Images

BUSINESS

Liam Dann: Is it time to bring back finance companies?

13 Oct, 2019 5:00am
5 minutes to read

COMMENT: US professor has warned we may need them again if bank capital requirements rise.

The forestry industry is currently enduring a tough patch. Photo / File.

BUSINESS

Which regions are still beating Auckland?

8 Oct, 2019 6:00pm
5 minutes to read

Regional economic growth continues to outpace Auckland, although everywhere is slowing.

BUSINESS

Liam Dann: When NZ mortgage rates hit 8.75%

6 Oct, 2019 5:00am
5 minutes to read

COMMENT: When the HOS launched, the economy was booming but confidence was also low.

Tomato ketchup bottles - digital disruption has opened the market to challenger brands. NZH File Pic

BUSINESS

Market Watch: How tech revolution toppled tomato sauce giant

4 Oct, 2019 12:32pm
4 minutes to read

Kraft Heinz shares fells from $100 to $27.

Petrol pumps - Petrol prices should start to fall as the global oil price slumps - NZME File pic

BUSINESS

Liam Dann: Oil price slumps despite Saudi attacks

2 Oct, 2019 11:08am
3 minutes to read

Oil prices have dipped below the level they were just prior to Saudi oil refinery attacks

Reserve Bank Governor Adrian Orr during their press conference. New Zealand Herald Photo, August 2019.

BUSINESS

Experts have their say: Did Reserve Bank governor get new rules right?

1 Oct, 2019 10:00am
5 minutes to read

The RBNZ has released an independent review of its proposal to lift bank capital ratios

BUSINESS

Liam Dann: Grim business confidence becomes a political football

30 Sep, 2019 5:00pm
4 minutes to read

Business opinion survey's can be a good indicators but let's keep them in perspective.

BUSINESS

Business confidence falls to 'dismal levels'

30 Sep, 2019 1:30pm
2 minutes to read

Investment intentions and profit expectations have fallen "to dismal levels", ANZ says

Growth is slowing but there is hope on the horizon. Photo / 123RF

BUSINESS

Liam Dann: Cheer up, we're not sliding into recession

29 Sep, 2019 5:05am
5 minutes to read

COMMENT: Growth is slowing but there is hope on the horizon.

New Zealand has been a big supporter of China's ambitions. Photo / 123RF

BUSINESS

On the Road: NZ hedges bets on China's global expansion

27 Sep, 2019 5:43pm
11 minutes to read

New Zealand has been a big supporter of China's ambitions.

National Party finance spokesman Paul Goldsmith. Photo / File

BUSINESS

Paul Goldsmith: National's black-belt finance spokesman

26 Sep, 2019 6:27pm
5 minutes to read

Is Paul Goldsmith the hardest man in parliament?

BUSINESS

Liam Dann: Why old men are triggered by Greta Thunberg

25 Sep, 2019 6:28pm
4 minutes to read

Greta Thunberg forces Liam Dann to confront the angry old man inside his head.

Adrian Orr has also been outspoken in defence of the Reserve Bank's monetary policy moves. Photo / Mark Mitchell

BUSINESS

Liam Dann: Support for Adrian Orr in banking battle

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

Adrian Orr seems to have solid support for his battle with the Aussie banks.