
Mike's Minute: Green's banking deal
The Greens are arguing that our banks are some of the most profitable in the world and they're right. When we do well, business does well and that includes the banks.
The Greens are arguing that our banks are some of the most profitable in the world and they're right. When we do well, business does well and that includes the banks.
Federal Reserve Chair Janet Yellen said Tuesday that the Fed still envisions a gradual pace of interest rate increases in light of global pressures that could weigh on the U.S. economy.
What's going on in dairy is fully explainable and virtually none of it is anyone's fault in this country. We've been here before with dairy and without a doubt we will be here again.
Fonterra has been copping heavy criticism over its strategy as the financial pressure facing farmer shareholders deepens.
The economy grew faster than expected in the December quarter but economists remained unimpressed.
The NZX is back at record highs and Wall Street is on the rise. So what happened to the big January panic which had US commentators warning of bear markets and new recessions? Why have things stabilised so fast?
Dairy is expected pick up again later this year and into next. It's not all doom and gloom though—where dairy struggles, others will prosper.
World dairy prices went against market expectations and fell 2.9 per cent decline at the latest GlobalDairyTrade auction.
Futures market pricing suggests tomorrow morning's GlobalDairyTrade auction will be flat to slightly better.
Fonterra says it remains financially sound, despite high debt levels.
A rising Hawke's Bay housing market, following Auckland into record price levels, does not mean Hawke's Bay is returning to its historic pattern of following the Auckland market, says economist Shamubeel Eaqub.
The kiwi dollar has dropped this morning after Fonterra cut its farmer payout for the second time this year.
You know I love a person who tells it like it is. Which is why this morning I am tipping my hat to Bill English, writes Mike Hosking.
Embattled dairy farmers were offered a glimmer of hope when world prices firmed for the first time this year.
Rise of 1.4 per cent ends a four-sale losing streak.
Modest 1.4 per cent gain an end to four-sale losing streak.
Population growth, construction and tourism offset declines in NZ dairy prices.
Zero hour contracts strike me as go nowhere fast conditions that run the risk of easy exploitation, Mike argues.
Mike Hosking says regional New Zealand is critical to our country's prosperity, but at what cost? If the only way we can get people to work in these areas is wage subsidies, we're on a very slippery slope.
House prices rising and no recovery in dairy prices both pose threats to New Zealand banks, Standard & Poor says.
There remain too many people in this country - and the Labour Party joined the ranks the other week - in thinking that everything should be free.
To demand "savings" from the country's district health boards is good economics but brave politics.
Westpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.
Mike Hosking says European bank stocks are taking a pounding at the moment, over fears we may be heading for a Lehman Brothers Part II.
Fonterra's latest farmgate milk price forecast is already under downward pressure after dairy prices fell for the third time in a row at this morning's GlobalDairyTrade auction.
"knowledge is power" and more knowledge about the economy need to be shared in the classrooms.
If you listened to talkback this week you'd know who's to blame for the price of Auckland's houses.
Dairy Farms NZ - likely to list on the NZ stock exchange, has been given permission to buy up South Island farms.
Mike Hosking says the TPP agreement is more than just a numbers game. The agreement is about us growing solid international relationships that will develop into greater opportunities for New Zealand in the future.
Leading international credit rating agency has downgraded its outlook for New Zealand's economy.