Interest.co.nz

April 2nd, 2009 at 12:00 pm by David Farrar

Congrats to . They made one million page impressions in March, which is hugely impressive. The site has become a must read for anyone who follows business and economics.

Also a few days ago they had an interesting story about how ’s interview in the Wall Street Journal helped ANZ National secure $1 billionf of finance:

Last week ANZ National CEO Graham Hodges went to the United States for a roadshow to promote this US$1 billion bond issue. Its success was no sure thing.

Time and again, Hodges says, investors told him Key’s interview in the Wall St Journal had reassured them, despite the uncertainty of a potential credit rating downgrade. Sometimes it’s a struggle to get foreign investors to look past the shorthand of credit ratings and the headlines of research notes. Key’s interview made them sit up and take notice.

Hodges said it seemed to strike a chord.

It turns out the interview was a crucial factor in the success of the bond issue, the first long term issue by a New Zealand bank since July last year. It is likely to set the tone for more.

Stuff like this you just never see in most other media.

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18 Responses to “Interest.co.nz”

  1. getstaffed (9,186 comments) says:

    It turns out the interview was a crucial factor in the success of the bond issue, the first long term issue by a New Zealand bank since July last year. It is likely to set the tone for more

    I wonder how long it will be before the wallah’s in Melbourne send Hodges back as their proxy!

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  2. lofty (1,310 comments) says:

    Just reinforces the fact that NZ’rs did the right thing at the polls last year.
    Well done that man.
    The MSM should be trumpeting this sort of good news from the roof tops, why are they not?

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  3. Chthoniid (2,047 comments) says:

    Aah, very good news. It’s a bit of a shame I read it here first and not in the MSM.

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  4. Fisiani (1,039 comments) says:

    In such tough times we need a leader who knows what to do. A leader who is attuned to what is needed.
    We saw his potential and voted for him in a landslide victory. He has formed a multi-party government of the people by the people. He is the great hope for New Zealand. He will lift us all in his shared goal of a country that can reach its potential. He will shake off the socialist dogma of hatred of the rich and the greens nanny state ban everything mentality and liberate the creative and entrepreneurial flair of this nation. He is JOHN KEY.

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  5. stephen (4,063 comments) says:

    Interesting that they took the words of a politician they’d probably never heard of before at face value. Not only that, but they staked vast sums of money on it.

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  6. Gooner (995 comments) says:

    Or maybe it was because they heard Helen Clark was finally leaving our shores.

    Watch the foreign funds stream into this country now.

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  7. Grizz (244 comments) says:

    The MSM do not understand the gravity of what it means for ANZ-National to secure its long term bonds. They also fail to see the significance of a lot of events. They seem content on sensationalising mountains made out of molehills.

    On that note, What is stopping someone starting up an alternative news programme that corrects many of the failings of the mainstream media?

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  8. sweetd (125 comments) says:

    Grizz

    I feel that might be a full time job and involve a small team of people such are the failings of the MSM.

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  9. senzafine (455 comments) says:

    Fisani: Whilst its hard not to look at your statement as somewhat OTT, I can understand the emotion behind such words. I think that many of us hold a lot of hope in JK.

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  10. Monty (978 comments) says:

    In these tough economic times I am so grateful NZ has a smart intelligent Prime Minister who actually understands economics and international Finance at the helm of the country. I cannot imagine how awful this country would be if the failed history professor and his union thugs were still running the country while being held to ransom by the Greenies.

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  11. s.russell (1,642 comments) says:

    “What is stopping someone starting up an alternative news programme that corrects many of the failings of the mainstream media?”

    The likelihood of losing an enormous pile of money.

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  12. Bernard Hickey (19 comments) says:

    David,
    Many thanks for your kind comments. We’re working hard and having fun. We get some of our best tips and techniques from Kiwiblog!. Your site is NZ’s premier political blog by a long shot, no doubt because of an enormous amount of work and hitting many, many political hotspots.

    s.russell on “What is stopping someone starting up an alternative news programme that corrects many of the failings of the mainstream media? The likelihood of losing an enormous pile of money.”

    I wouldn’t be so sure of that. We at interest.co.nz make money. I won’t say how much, but it’s enough to sustain six full time employees and be investing for growth. We are in a particularly good niche, but it can be done. We keep our costs low and immerse ourselves online. We don’t have to worry about the declining offline stuff…
    cheers
    Bernard

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  13. Right of way is Way of Right (1,122 comments) says:

    Just sat down and read the article. I’ve been telling everyone who will listen that John Key’s steady hand on the tiller is just what we need. Cometh the hour and so on.

    It’s gratifying to learn I am not alone in this assessment. Thanks Bernard.

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  14. village idiot (748 comments) says:

    Fisiani ‘He is JOHN KEY’ Remember those toe-curlingly nauseous images we saw of Americans rapturing over Barack Obama, eyes rolling skywards, tears flowing, hearts swelling? Remember how we mocked?

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  15. lofty (1,310 comments) says:

    I see the village idiot is still the village idiot.
    Hurts doesn’t it idiot?

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  16. OECD rank 22 kiwi (2,752 comments) says:

    I find interest.co.nz is a top read. Its strong economic focus, particularly in relation to New Zealand, is just what’s needed during these “interesting times”.

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  17. expat (4,050 comments) says:

    interest.co.nz is a good site

    I particularly like
    a) Bernards “brother-in-law” / “mother-in-law” guides – you dont see many articles that pitch the information in a way that is accessable and informative
    b) the indepth articles and the posters that interest has attracted.

    Good stuff.

    Also: Stephen 2 April @ 12.47pm – Key used to be on the board of the NY reserve bank. He would probably be known.

    >>>

    stephen (2454) Vote: 1 2 Says:
    April 2nd, 2009 at 12:47 pm

    Interesting that they took the words of a politician they’d probably never heard of before at face value. Not only that, but they staked vast sums of money on it.

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  18. Madeleine (230 comments) says:

    I met Bernard last night at the Auckland Blogger Bash – very nice, very onto it, very tall guy! This morning went and checked Interest.co.nz out and I can see why some were saying his placement on the blog ranking would be very interesting indeed if those ranking would include him.

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