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Reserve Bank Deputy Governor and General Manager of Financial Stability Geoff Bascand. Photo / File

BUSINESS

Ouch! Borrowing costs set to rise as banks face tougher rules

14 Dec, 2018 2:39pm
3 minutes to read

The Reserve Bank has proposed doubling of the minimum amount of capital banks must hold.

A trader works on the floor of the New York Stock Exchange. Photo / AP

BUSINESS

Market Watch: Our 2018 predictions - did we get it right?

14 Dec, 2018 10:47am
3 minutes to read

Market Watch takes a frank look back at our 2018 predictions. How did we do?

Minister of Finance Grant Robertson has kept the

BUSINESS

Liam Dann: Robertson's cautious approach should reassure business

13 Dec, 2018 6:20pm
2 minutes to read

Robertson has stuck to his guns on fiscal responsibility despite calls to spend more.

Batten down the hatches. The IMF sees storm clouds over the global economy. New Zealand Herald Photograph by Doug Sherring.

BUSINESS

'Storm clouds': IMF issues dire warning on global economy

12 Dec, 2018 5:50pm
4 minutes to read

Yet another warning has been issued to the big global players.

Easing petrol prices gave Kiwis more to spend at bars and restaurants. Photo/Getty Images.

BUSINESS

Kiwis head to pub and mall as petrol prices fall

11 Dec, 2018 10:52am
2 minutes to read

A big drop in fuel costs gave kiwis more money to spend on eating and drinking.

Everyone from bus drivers to lawyers to nurses and now to aviation engineers haves been involved in industrial action this year. Photo/File.

BUSINESS

Is Labour to blame for the jump in striking businesses?

9 Dec, 2018 10:30am
3 minutes to read

Why are we seeing more strike action? Is it back to the 1970s or just an overdue catch up?

The Queen Street riots weren't Dave Dobbyn's fault. Photo/Bruce Jarvis.

BUSINESS

Liam Dann: Can we all be 'social influencers'?

9 Dec, 2018 5:00am
5 minutes to read

COMMENT: Kids these days want to monetise their stupidity.

Petrol prices look likely to fall as international negotiations on the oil production stall. Photo/Getty Images.

BUSINESS

Don't fill up yet: Petrol prices to drop on road to Xmas

7 Dec, 2018 5:44pm
4 minutes to read

An international stalemate has some positive repercussions for Kiwi wallets.

President Donald Trump meets with Saudi Crown Prince Mohammed bin Salman in the White House in Washington on March 20, 2018

BUSINESS

Economy Hub: Will Trump pressure push NZ petrol prices lower?

6 Dec, 2018 5:59pm
3 minutes to read

Can prices go lower? And will an inquiry in to retail competition make a difference?

Amid market exuberance following the trade-war truce, a sober warning sign has emerged. Photo / 123RF

BUSINESS

A big warning sign just started flashing for US economy

4 Dec, 2018 7:15pm
3 minutes to read

Amid market exuberance following the trade-war truce, a sober warning sign has emerged.

President Donald Trump meets with China's President Xi Jinping during their bilateral meeting at the G20 Summit in Buenos Aires. Photo / AP

BUSINESS

Stock markets surge on trade-war ceasefire

3 Dec, 2018 4:56pm
3 minutes to read

A trade war cease fire and talk of a US interest rate pause have buoyed markets.

Petrol pumps - Petrol prices to fall further - Hawke's Bay Today Photograph by Duncan Brown.

BUSINESS

AA: Petrol price could go below $2 by Christmas

3 Dec, 2018 11:40am
4 minutes to read

There have been 12 cuts already since a peak in October.

Chinese President Xi Jinping and his US counterpart Donald Trump will meet this weekend at the G20 summit. Photo / AP

BUSINESS

Liam Dann: Huawei just the start of NZ's China relations headache

2 Dec, 2018 5:00am
5 minutes to read

COMMENT: China is not liberalising as the West hoped and this presents a challenge for NZ.

US President Donald Trump and Chinese President Xi Jinping participate in a welcome ceremony at the Great Hall of the People in Beijing, 2017. AP photo

BUSINESS

Liam Dann: Why Trump's meeting with Xi should matter to you

30 Nov, 2018 6:12pm
5 minutes to read

When Donald Trump meets Xi Jinping this weekend the stakes include your KiwiSaver balance

Huawei has been blocked from tendering for Spark's 5G build. Photo / File

BUSINESS

Huawei denies wrongdoing, seeks urgent meeting with ministers

29 Nov, 2018 5:42pm
2 minutes to read

Huawei says it has had no contact from GCSB on 5G "ban"

Huawei access to Western telco networks has become a diplomatic flash point. Photo / File

BUSINESS

Liam Dann: Huawei decision will damage China relationship

28 Nov, 2018 6:19pm
3 minutes to read

Today's decision on Huawei is expected to cause problems for trade officials.

The survey's questions about office stationery ultimately aim to highlight more serious issues of workplace ethics and culture. Photo / 123RF

BUSINESS

Is it okay to steal a work pen? Kiwi workers surveyed

28 Nov, 2018 6:00pm
3 minutes to read

Survey of employees across NZ, Australia and the UK reveals contrasting attitudes.

Bitcoin has a bit in common of the Black Caps middle order these days. Photo/File.

BUSINESS

Liam Dann: Bitcoin freefall as bad as Black Caps batting collapse

27 Nov, 2018 10:51am
3 minutes to read

A year on from the peak of the bubble bitcoin has crashed. And it's still falling.

House prices in Sydney have dropped 7 per cent.

BUSINESS

Will the NZ property market follow Sydney off a cliff?

26 Nov, 2018 11:34am
3 minutes to read

ASB economists have looked at the correlation between prices here and in Australia.

Home buyers may catch a break if the Reserve Bank relaxes LVR lending rules this week. Photo/Pile.

BUSINESS

First home buyers could catch a break from LVR rules

26 Nov, 2018 5:00am
4 minutes to read

Some movement on LVR restrictions is tipped in the Reserve Bank's update on Wednesday.

You can never have too many 65-inch TVs. Photo / AP

BUSINESS

Liam Dann: Festival of consumer greed won't save retail

25 Nov, 2018 5:00am
5 minutes to read

COMMENT: Reflections on true spirit of the Black Friday and Cyber Monday mayhem.

China is grappling with signs of a sharp slowdown in economic growth. Photo / 123RF

BUSINESS

China's slump - is the dragon running out of fire?

23 Nov, 2018 5:00am
12 minutes to read

China's economic growth has slowed this year. Will the fallout hit New Zealand?

Russel Creedy, chief executive of Restaurant Brands. Photo / Dean Purcell

BUSINESS

From jobless immigrant to KFC king: Deloitte 200 CEO of the year

22 Nov, 2018 5:00am
5 minutes to read

'There's no silver bullet or magic formula for doing this kind of business well.'

Restaurant Brands' Russel Creedy, with wife Linda Creedy, was crowned Chief Executive of the Year. Photo / Dean Purcell.

BUSINESS

NZ's top business leaders crowned at Deloitte Top 200 awards

21 Nov, 2018 10:15pm
3 minutes to read

Business excellence has been recognised at the Deloitte Top 200 Awards

Stocks, oil, dairy and Bitcoin are all down, but it's not time to panic yet. Photo / 123RF

BUSINESS

Down, down, down: Grim market news fuels global recession fear

21 Nov, 2018 5:10pm
4 minutes to read

Stocks, oil, dairy and Bitcoin are all down, but it's not time to panic yet.

Golden Weather: ASB is forecasting a sunnier economic outlook for the summer months

BUSINESS

ASB pundits head into summer on upbeat note

19 Nov, 2018 5:00am
3 minutes to read

Golden Weather: ASB economists are picking a sunnier outlook for the summer months.

As a nation we can afford to be more confident now. Photo / 123RF

BUSINESS

Liam Dann: A gloomy outlook is as Kiwi as jandals and mince pies

18 Nov, 2018 5:00am
5 minutes to read

COMMENT: We tend to see pessimism as a healthy view.

Oil prices have dropped more than 20 per cent in just six weeks. Photo / 123RF

BUSINESS

Why petrol prices got slammed into reverse

16 Nov, 2018 6:09pm
4 minutes to read

We spend all year worrying about soaring petrol prices - why have they suddenly plunged?

What does the lowest unemployment rate in 10 years really mean for the economy? Photo / 123RF

BUSINESS

NZ hits 'full employment' - is this as good as it gets?

14 Nov, 2018 4:55pm
4 minutes to read

What does the lowest unemployment rate in 10 years really mean for the economy?

Swords with that Sir? Medieval Times dinner theatre. Photo / Supplied

TRAVEL

Anaheim: When nights were bold

14 Nov, 2018 12:00pm
3 minutes to read

Ye olde England is joyously turned on its head for a fun outing in entertainment land.

BUSINESS

Liam Dann: Why I still love America (and why the Midterms matter)

11 Nov, 2018 8:45am
5 minutes to read

COMMENT: The freedom to criticise the President is one of things that makes the US great.

Two giant global banks are picking NZ's strong economy to mean rate rises. Photo / Getty Images

BUSINESS

Global giants pick NZ rates and dollar to rise

10 Nov, 2018 5:00am
2 minutes to read

Enjoy the mortgage war while it lasts.

Prime Minister Jacinda Ardern, with Finance Minister Grant Robertson and Consumer Affairs Minister in parliament this week. NZH pic Mark Mitchell

BUSINESS

Liam Dann: Unemployment fall a win for Government

7 Nov, 2018 6:19pm
3 minutes to read

COMMENT: Unemployment a complex issue but still a piece of economic data that counts.

Big countervailing forces have put a fog around NZ's economic outlook. Photo / Michael Craig

BUSINESS

At the crossroads: Why the economic outlook is so murky

7 Nov, 2018 4:20pm
3 minutes to read

COMMENT: Reserve Bank makes its forecasts tomorrow but even experts are hedging their bets

Don't let one bad month spook you, but what just happened to your KiwiSaver balance? Photo / 123RF

BUSINESS

Market Watch: What just happened to my KiwiSaver balance?

6 Nov, 2018 5:55pm
3 minutes to read

Don't let one bad month spook you, but what just happened to your KiwiSaver balance?

Opening the vault: The Conduct and Culture review has highlighted deficiencies for the local banks to address. Photo / File

BUSINESS

Comment: Banks dodge a bullet as review takes soft approach

5 Nov, 2018 5:28pm
2 minutes to read

COMMENT: Reserve Bank and FMA deliver a balanced review with breathing space for banks.

Banks make big money, but their returns aren't so high compared with other listed companies. Photo / Getty Images

BUSINESS

Are bank profits too high? It's not that simple

4 Nov, 2018 4:20pm
3 minutes to read

Banks make big money, but their returns aren't so high compared to other listed companies.

President Donald Trump arrives for a campaign rally at Bozeman Yellowstone International Airport yesterday. Photo / AP

BUSINESS

Dann: Why Trump's winning the trade war with China

4 Nov, 2018 5:00am
5 minutes to read

Trump's completely fearless attitude to debt gives him the economic upper hand - for now.

Drivers are set to get some respite from the recent petrol price surges. Photo/File.

BUSINESS

Good news for drivers - petrol prices due to fall

31 Oct, 2018 5:40pm
3 minutes to read

Economy Hub: How long will pain at the pump last and what will it mean for the economy?

BUSINESS

Liam Dann: Boo! The October effect spooks markets again

31 Oct, 2018 10:43am
5 minutes to read

COMMENT: Why do markets get spooked at Halloween?

Michele Embling is the co-chair of Champions for Change and chair of PwC New Zealand. Photo / Doug Sherring

BUSINESS

Largest workplace gender survey shows huge gap

31 Oct, 2018 5:00am
3 minutes to read

Survey of 81,000 Kiwi workers reveals the extent of workplace gender imbalance.

Heartbreak Island host and former Newstalk presenter Mark Dye attending the Cannatech event. Image/Supplied.

BUSINESS

Kiwi TV star Mark Dye launches cannabis company

30 Oct, 2018 6:00am
3 minutes to read

TV and radio personality Mark Dye has launched a medicinal cannabis company

Unleaded fuel drips from a petrol pump. Photo / 123RF

BUSINESS

Small business revenue slumps, fuel prices big concern

29 Oct, 2018 5:00am
3 minutes to read

The MYOB Business Monitors shows that revenue, as well as confidence, is falling for SMEs.

Another sharp drop for local shares takes

BUSINESS

Shares fall again as 'Red October' keeps bleeding

25 Oct, 2018 6:01pm
5 minutes to read

Another sharp drop for local shares takes "Red October" losses close to 10 per cent.

Prices at the pump are starting to bite. Photo / 123RF

BUSINESS

Comment: Petrol prices to finish 2018 closer to $3 and it's a big risk for Govt

7 Oct, 2018 8:00am
5 minutes to read

COMMENT: Risk to economic growth as crude oil prices spike and the dollar falls.

BUSINESS

Sir Owen Glenn - still some battles left to fight

6 Oct, 2018 5:00am
6 minutes to read

Free from the worst of his legal and health battles, Sir Owen Glenn is back in action.

Many people in UK are not happy with Brexit.

BUSINESS

Market Watch: The UK faces a 'hard Brexit' chaos

5 Oct, 2018 5:50pm
3 minutes to read

With less than six months to the Brexit deadline what are the risks for the UK economy?

Minister of Finance Grant Robertson speaks at the New Zealand Herald Mood of the Boardroom breakfast. 3 October 2018 NZHerald Photograph by Brett Phibbs.

BUSINESS

Grant Robertson opens up on business frustrations

4 Oct, 2018 6:24pm
3 minutes to read

Finance minister says he shares some of the frustrations of the business sector.

Issues relating to international trade appears to be looming and the the Trump factor in US politics is one of them. Photo / AP

BUSINESS

Liam Dann: Failure of confidence knocks off the shine

3 Oct, 2018 5:00am
5 minutes to read

The Government has its work cut out to win over the nation's business leaders.

Watch for Liam Dann interviewing Grant Robertson about Mood of the Boardroom on Friday's Economy Hub.

BUSINESS

Liam Dann: Backing for a Wellbeing Budget

3 Oct, 2018 5:00am
5 minutes to read

Grant Robertson is working with Treasury on publishing a "Wellbeing Budget" in 2019.

If you are remortgaging it may pay to take the cheapest rate currently on offer — which will probably mean fixing for one year. Photos / 123RF

BUSINESS

Liam Dann: What's going on with interest rates?

30 Sep, 2018 8:31am
5 minutes to read

COMMENT: With his mortgage rate due to be re-fixed, Liam Dann works through his options.

BUSINESS

KiwiRail boss faces his next challenge

29 Sep, 2018 5:00am
8 minutes to read

The Interview: New Fletcher CEO Peter Reidy heads from one tough business to another.

John Hough waters young marijuana plants at the medical marijuana dispensary in Sacramento, California. Photo / AP

BUSINESS

Liam Dann: NZ missing out as 'pot stocks' fly high

23 Sep, 2018 5:00am
5 minutes to read

COMMENT: Corporate cannabis is creating a financial buzz. Should NZ take a toke?

New Zealand's net migration gain continues to fall from a peak in 2017 but remains high. Photo / File

BUSINESS

Net migration gain dips to three-year low

21 Sep, 2018 12:08pm
2 minutes to read

New Zealand's net migration gain continues to fall from a peak in 2017 but remains high.

Finance Minister Grant Robertson wants any changes to the tax take to be revenue neutral. New Zealand Herald photograph by Mark Mitchell

BUSINESS

Government review could cut your tax rate

20 Sep, 2018 5:36pm
2 minutes to read

A capital gains tax could come with cuts to GST or personal income tax rates.

Given the gloomy nature of some commentary lately you could be forgiven for thinking the financial system is on the brink of collapse. Photo / AP

BUSINESS

Why a financial apocalypse is not inevitable

19 Sep, 2018 1:52pm
3 minutes to read

"Investors have been trained to think a bull market ends in some apocalyptic event."

Consumers say they are less likely to make a big purchase as confidence dips - NZME file pic

BUSINESS

Consumer confidence lowest since 2012

19 Sep, 2018 9:17am
3 minutes to read

Rising fuel prices and a subdued housing market may be behind a sharp dip in confidence

President Donald Trump will impose new tariffs on Chinese goods. Photo / AP

BUSINESS

Markets shrug off latest Trump trade war shot

18 Sep, 2018 6:01pm
4 minutes to read

Markets didn't panic today as the US unleashed a fresh round of tariffs on Chinese goods.

Coca-Cola is looking to capitalise on the growing industry being built on legalisation of cannabis. Photo/123RF

BUSINESS

Sweet Mary Jane: Coke eyes cannabis-infused drinks

18 Sep, 2018 10:50am
2 minutes to read

Coca-cola has hinted that it may launch cannabis drinks as pot legalisation spreads

GDP is an indicator of how we are faring as a nation but is it a true measure of success? Photo / 123RF

BUSINESS

Liam Dann: GDP — Melbourne Cup day for economists

16 Sep, 2018 5:00am
5 minutes to read

COMMENT: All eyes go on economy next week as GDP data is released but what does it mean?

Derek Handley, Kiwi tech entrepreneur. Photo / Supplied

BUSINESS

Liam Dann: Don't blame Derek Handley for CTO mess

14 Sep, 2018 12:28pm
4 minutes to read

It looks the PM became aware of how unpopular he'd be after he'd been promised the job.

Former Australian Prime Minister Kevin Rudd (left) with former New Zealand Prime Minster Helen Clark in 2008. Photo / File

BUSINESS

How Australia cost New Zealand $2 billion

14 Sep, 2018 5:00am
3 minutes to read

The Government was forced to bail out failed finance company investors.