Tony Alexander

Recovery under way but not in all sectors

OPINION: There is a recovery under way in the New Zealand economy, but we, like others, feel the best way to describe it is "patchy", writes Tony Alexander this week.

Exchange rate guessing game

OPINION: Last week the New Zealand dollar hit a 10-year low against the aussie dollar near 76 cents and a 30-year high against the British pound near 47 pence, writes Tony Alexander this week.

Greek drama fails to play on confidence

OPINION: A recent survey of businesses shows that despite the bad news coming in from overseas about the likes of Greece, the United States housing market, the state of British government finances and efforts to slow Chinese growth, New Zealand businesses are confident, writes Tony Alexander this week.

No obvious contender to replace greenback

OPINION: Most overseas economies are now officially out of recession, writes Tony Alexander this week.

What the Christmas figures really tell us

OPINION: Every year as Christmas spending gets under way in earnest there is a company involved in processing electronic transactions which reports how much spending has increased compared with the previous periods, writes Tony Alexander this week.

It's time to think about hedging

debt

The big story of last year was a huge sigh of relief sweeping across the planet as data in March showed a Depression scenario would be avoided – significantly, as a result of huge easings of fiscal and monetary policies, writes Tony Alexander this week.

Upturn weak amid debt aversion

OPINION: There is an upturn under way in the New Zealand economy but it would be wrong to describe it as strong, writes Tony Alexander this week.

Mid-year cash rate rise likely

OPINION: Tomorrow morning the Reserve Bank will conduct its first review of monetary policy for 2010 and it is extremely unlikely that it will make any change to the record low 2.5 per cent official cash rate, writes Tony Alexander this week.

Here's to a less eventful year

OPINION: Welcome to a whole new year of informed guessing about what lies ahead for the economy, interest rates, the housing market, the exchange rate (definitely guessing with that one) and so on, in the field of economics, writes Tony Alexander this week.

Brighter new year looms

money

OPINION: This is my last column for the year – and what a year it has been. For the first two months the world economy faced a serious risk of a new Great Depression, writes Tony Alexander this week.

Home buyers should not wait until late 2010

OPINION:  This week the Reserve Bank reviews its official cash rate and there is a strong chance that the bank will continue to emphasise its determination to keep the cash rate low until the middle of next year, writes Tony Alexander this week.

Currency looks set to hit US80c

OPINION: Many factors cause the New Zealand dollar to go up a long way against other currencies such as the Japanese yen and United States dollar, and then go back down the other way, writes Tony Alexander this week.

Goff's ideas to tame the kiwi may backfire

OPINION: The leader of the Opposition has stated that if elected prime minister he intends forcing the Reserve Bank to focus less on inflation, writes Tony Alexander this week.

Playing a fiscal guessing game

OPINION: To say that a lot of uncertainty remains about the global economic environment over the next few years would be an understatement, writes Tony Alexander this week.

NZ must focus on core strengths

OPINION: Some people still believe that the only way the New Zealand economy can truly grow strongly in the next few years is if we develop some entirely new industries, writes Tony Alexander this week.

Fall in dollar cheers exporters

OPINION: Exporters are likely to be feeling a bit happier at the moment, writes Tony Alexander this week.

Beware of 'low' fixed mortgage rates

cash

OPINION: When it comes to the interest rates cycle, there are many interesting points and pitfalls that always catch a lot of people out, writes Tony Alexander this week.

Rate rises bear out predictions

OPINION: You may have noticed that over the past week a new round of increases in fixed home lending rates has kicked off – right after the completion of the previous round, writes Tony Alexander this week.

Confidence boom won't become growth

to

OPINION: Our expectation and the expectation of most other forecasters is that the New Zealand economy is likely to grow in rather unspectacular fashion over the next couple of years by between 2.5 per cent and 3.5 per cent per annum, writes Tony Alexander this week.

Problem is what to do about the rising kiwi

OPINION: The New Zealand dollar has got itself reasonably solidly consolidated above the US70 cent mark over the past few weeks, writes Tony Alexander this week.

Pay principal before rates rise

houses thumb

OPINION: During the past couple of weeks banks have raised their fixed lending mortgage interest rates, while at the same time cutting floating interest rates, writes Tony Alexander this week.

Don't count your chickens ...

Dollar montage

OPINION: Tony Alexander offers up some conversation-boosting numbers.

Householders remain cautious

tony

OPINION: Tony Alexander points out the timely reminder that the economy is still not bounding ahead.

Higher floating rates coming

OPINION: Each month we survey the 20,000 people who receive our Weekly Overview asking them how they see the economy in the coming year and what is happening in their industry at the moment, writes Tony Alexander this week.

Currency gives clue to coming recovery

OPINION: Back in the early part of this year, things were looking very bad for the world economy and less bad though still recessionary for our economy, writes Tony Alexander this week.

Survey shows economic optimism

OPINION: Each month we survey the 20,000 people receiving the BNZ Weekly Overview and ask whether they think the economy will get better or worse, writes Tony Alexander this week.