Bernard Hickey

Bernard was the Managing Editor of Interest.co.nz 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.

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The news that mattered this morning included Phil Twyford's criticism of Treasury's advice on housing investment, Kelvin Davis ruling out a mega-prison at Waikeria, news of a house building factory in Auckland, confirmation of a major scale-down of grants from Callaghan Innovation and America putting its trade war with China on hold.

Updated

The big political and economic events and data scheduled this week include the last week of the Budget session of Parliament and migration figures.

The eight news events that mattered in the week around our political economy included the key details in Budget 2018, the emergence of mycoplasma bovis as a macroeconomic and fiscal issue, pressure building on New Zealand's big four banks to detail their conflicts over Kiwisaver sales, and a wider crackdown on retailers not paying workers at the start and end of shifts.

Treasury outperformed its Trans-Tasman version in the Budget lockup on Thursday, delivering the most immaculate plate of lamingtons in the colours of the coalition Government's parties.