Bernard Hickey

Bernard was the Managing Editor of from 2008 to 2012. A financial journalist for 20 years, he has worked for Reuters, the FT Group and Fairfax Media in Wellington, Canberra, Sydney, London, Singapore and Auckland in that order.

Email Bernard
Follow Bernard on Twitter

Restaurant and hotel operators in Auckland and Queenstown are warning that 'tweaks' to the rules around temporary work visas are already hampering the tourist industry's efforts to welcome in an extra one million tourists over the next five years.

Bernard Hickey argues 1989 was the year when New Zealand's housing costs took off and started a massive inter-generational wealth transfer that is showing few signs of being reversed.

Prime Minister Bill English and Health Minister Jonathan Coleman have jointly announced the Government will contribute 91 percent of the $2.048 billion needed to fund pay increases of between 15 to 49 percent for health care workers over the next five years. ACC will contribute the remaining $192 million in the deal agreed with unions to settle the TerraNova pay equity claim, which could see ACC levies increase as a result. A third of aged care residents (those who are unsubsidised and pay for their own care) will see their fees rise around six percent.