Bernard Hickey

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Bernard Hickey is the editor of www.interest.co.nz. He worked for 18 years for Reuters, the FT Group and Fairfax as a financial journalist, editor and digital publishing executive.

He now helps run interest.co.nz, which is a free news and information site for borrowers and savers.

He writes columns for NZHerald.co.nz, Herald on Sunday and appears every weekday morning with Marcus Lush on Radio Live at 6.55am.

Bernard also does paid speaking engagements on the issues of economic reform, the housing market, tax reform and digital publishing.

www.interest.co.nz/ratesblog

Based in Auckland, New Zealand

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Stories

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A controlling issue

22 August, 2010

The issue of whether to make KiwiSaver compulsory is now firmly on the agenda after Prime Minister John Key gave the green light for a government-sanctioned Pensions and Saving Working group to look at the issue. But is New Zealand ready and willing, asks Bernard Hickey. 1 image

Word Count: 685

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Submitted by: Bernard Hickey | Categories: Politics, Economy, Columns

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(Growth) in the economy really is tanking

17 August, 2010

Paul Holmes seemed to capture the zeitgeist last weekend when he said the economy appeared to be grinding to a halt. Holmes' intuition based on the body language of his olive oil buyers is backed up by at least 10 sets of economic data, writes Bernard Hickey.

Word Count: 704

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Submitted by: Bernard Hickey | Categories: Opinion, Economy, Columns

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The silent revolt

10 August, 2010

Unfortunately for us and the government, the lucky country across the Tasman has gotten even luckier in recent months and the pressures to emigrate have gotten even more intense, writes Bernard Hickey. 1 image

Word Count: 582

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Submitted by: Bernard Hickey | Categories: Politics, Economy, Columns

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Dull inflation history predicts future of mortgages

05 August, 2010

Academic debates about history and economics send most people to sleep very quickly. But what if you could be more confident about fixing or floating your mortgage by knowing who would win these debates? 1 image

Word Count: 420

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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John Key should be careful what he wishes for

05 August, 2010

John Key's call for a review of foreign ownership rules around land highlight two fundamental weaknesses in our economy: our lack of savings and our weak capital markets, writes Bernard Hickey. 1 image

Word Count: 1012

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Submitted by: Bernard Hickey | Categories: Politics, Economy, Columns

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Why Deflation vs Inflation matters

03 August, 2010

Academic debates about history and economics send most people to sleep very quickly. It's like Mogadon without the drugs. But what if you could be more confident about fixing or floating your mortgage if you knew who would win these debates?

Word Count: 586

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Submitted by: Bernard Hickey | Categories: Politics, Economy, Columns

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Why we all need to learn Mandarin

26 July, 2010

We have two Chinese New Zealand MPs but we don't have Chinese faces on our television. There is no Mandarin spoken on National Radio or National television. Yet mandarin is set to become our second most spoken language within 15 years, writes Bernard Hickey.

Word Count: 973

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Submitted by: Bernard Hickey | Categories: Education, Politics, Economy, Columns

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We still have time to fix it

26 July, 2010

Prime Minister John Key has done his best to shut down any debate about reforming New Zealand's pension system. This is a pity, but the good news is there is still time to solve our problems before public debt overwhelms us in a Greek-like wave, writes Bernard Hickey.

Word Count: 556

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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The week we hit debt saturation point

18 July, 2010

In years to come New Zealanders will look back on the winter of 2010 as the moment when we finally realised the last 10 years of growth was a sham, writes Bernard Hickey.

Word Count: 719

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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Taking the long view

11 July, 2010

A bevy of banks surprised home owners and regulators alike when they slashed their long term mortgage rates by as much as 0.75%. But is it enough to transform the housing market, writes business commentator Bernard Hickey.

Word Count: 637

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Submitted by: Bernard Hickey | Categories: Economy, Columns, Property

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Why we face a double dip

04 July, 2010

This economic recovery feels like a Claytons Recovery: the economic recovery you're having when you're not having an economic recovery, writes Bernard Hickey.

Word Count: 609

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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The dream is over

28 June, 2010

Can South Canterbury Finance survive without a government guarantee and with a cloud over Allan Hubbard's reputation? I think recent events have decided both are impossible, writes Bernard Hickey.

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Submitted by: Bernard Hickey | Categories: Business, Economy, Management, Columns

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How Hotchin could redeem himself (a bit)

23 June, 2010

Mark Hotchin and Eric Watson would have to be among the least popular people in New Zealand right now, yet they seem oblivious to the public opprobrium. There's one thing they could do to help, writes business commentator Bernard Hickey.

Word Count: 612

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Submitted by: Bernard Hickey | Categories: National, Economy, Columns

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Are you ready for 9% and 8%?

16 June, 2010

Now that the dust has settled from the Reserve Bank's widely expected decision to put up the Official Cash Rate (OCR) to 2.75%, it's worth looking at what this will eventually mean for mortgage borrowers and term deposit savers.

Word Count: 597

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Submitted by: Bernard Hickey | Categories: Economy, Columns, Property

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Still better floating

07 June, 2010

It's quite possible that this time next week when you sit down to read your paper with a cup of coffee and some toast that you'll be asking yourself whether you can still afford the coffee and toast.

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Submitted by: Bernard Hickey | Categories: Economy, Columns, Property

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The real problem with inflation

30 May, 2010

There's been a lot of discussion about the inflationary effects of the GST increase since the budget, but everyone is looking in the wrong direction. Everyone is talking about consumers and interest rates, but are ignoring savers who are taking the biggest hit.

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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Cheers for Sam Knowles

27 May, 2010

It's especially rare in this day and age to congratulate a banker for a job well done. But Sam Knowles, who announced his resignation as Kiwibank CEO today, deserves an awful lot of credit for leading the creation of a large and worthy institution that has shaken up the banking industry for the benefit of consumers.

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Submitted by: Bernard Hickey | Categories: Economy, Columns

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A looming divide

21 May, 2010

As the population ages and the inherent biases towards property investment keep driving house prices, the young will be forced to stay renting and the old will stay in their big houses.

Word Count: 530

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Submitted by: Bernard Hickey | Categories: Politics, Economy, Columns, Property

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Ignore your instincts

02 May, 2010

The instinctual reaction for home owners when interest rates start rising is to lock in for a long fixed term, but choosing to fix rather than stay floating is no longer the automatically cheaper decision.

Word Count: 789

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Submitted by: Bernard Hickey | Categories: Economy, Viewpoints, Property

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