Liam Dann: Oil-price plunge rattling markets
The dynamic of the new oil shock is moving fast - maybe too fast for the fragile global economic recovery, writes Liam Dann.
The dynamic of the new oil shock is moving fast - maybe too fast for the fragile global economic recovery, writes Liam Dann.
Australian retail billionaire Solomon Lew has declared war on his Government's failure to charge GST for overseas goods bought online.
The Christmas madness is about to begin and for many retailers the stakes have never been higher, writes Business Editor Liam Dann.
The free trade deal announced with South Korea is extremely good news for a number of our export industries, writes Liam Dann.
New Zealand has had a lucky break. We have come through a phase of rapid economic growth without generating any serious spike in inflation.
Digital disruption was the hot topic at the Institute of Finance Professionals (INFINZ) conference last week, writes Liam Dann.
The October curse once again struck Wall Street. Since the S&P 500 peaked at a record high on September 18, it has tumbled 6 per cent.
The past year has seen a big increase in cases of corporate fraud, according to a well-placed industry source working in the field.
Liam Dann writes: Get ready for an influx of bargain-hunting foreign investors, because as the dollar drops, NZ assets are effectively going on special.
This week a nation heads to the polls for one of the most important votes in its history, Liam Dann writes.
This morning the Business Herald relaunches its online homepage with a host of new features and content to keep you better informed - both on desktop and mobile.
Here we are again, hearts in our mouths, as we watch an international commodity slump knock the shine off New Zealand's economic recovery.
The NZ stock market has this year seen IPO's by power companies, tech frims, agriculture companies and now a major media company - potentially.
The business community has, until now, been watching the Dirty Politics scandals play out with bemusement and a certain degree of detachment.
Sky TV's big result on Friday was a reminder that while we can all see the future, real profits live in the present.
Why are dairy prices falling? Well, if you read industry commentary from places like the United States and Europe they know who's to blame. It's us.
Liam Dann writes: so is this it for the high Kiwi dollar? Has it finally peaked?
This bull market won't be stopped. As tragic and worrying as the big geo-political crises in the Ukraine and Gaza may be, they have failed to rattle Wall Street.
It's all eyes on the dollar this week after the effervescent kiwi fizzed to within half a cent of a record high by 5pm Friday, writes Liam Dann.
Even after the solid GDP result last week there remains a nagging doubt that we're not really the kind of rock star that sets the world on fire, writes Liam Dann.
Liam Dann asks, "What sort of economic fallout can we expect if Baghdad falls? It is a question that has carried serious geopolitical weight for thousands of years."
Liam Dann asks, "How worried should we be about the slump in global dairy prices? After all these years, NZ is still a giant grass-processing factory and milk remains the lifeblood of our economy."
Reports that companies are being turned away and told they are not ready for market listing are heartening, writes Liam Dann. Certainly there is no upside for investment banks in being associated with a turkey of a float.
Liam Dann asks, "Have our business leaders gone soft? Or are they just very cautious about ensuring the National Government gets a good run back to power in September?"
This is a Budget that needs to be familiar and reassuring, writes Liam Dann. National will be banking on English reminding middle NZ that we've survived the GFC in good shape.
There's a lot of debate about a silver bullet solution for New Zealand's high dollar, writes Liam Dann. The good news is there is one. The bad news is that we have no control over it.
Do you care who made your butter and toast this morning? Do you care who made the packet the butter was wrapped in? Probably not.
The National Government's asset sale programme is complete but the debate about the process just won't go away.
The United States tech sector has taken a hammering and investor sentiment has turned against so-called "growth" stocks, writes Liam Dann.
Given economist Noriel Roubini's track record it would be foolhardy to write him off as just another overly pessimistic grump, writes Liam Dann.