About
A senior journalist and news editor with interest.co.nz, David Hargreaves has covered financial markets and economics both in New Zealand and Britain for longer than he cares to mention.
David Hargreaves
Latest articles
[updated]
The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
13th Oct 25, 10:48am
4
The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
The Reserve Bank is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky
12th Oct 25, 6:01am
28
The Reserve Bank is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky
Latest monthly RBNZ figures show that those taking up new mortgages are watching very closely what the Reserve Bank does - and choosing mortgage options to suit the circumstances
7th Oct 25, 1:13pm
Latest monthly RBNZ figures show that those taking up new mortgages are watching very closely what the Reserve Bank does - and choosing mortgage options to suit the circumstances
Reserve Bank's annual report reveals former Governor Adrian Orr will receive over $1 million for his last year in the job
6th Oct 25, 1:58pm
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Reserve Bank's annual report reveals former Governor Adrian Orr will receive over $1 million for his last year in the job
The experts think in a years' time the OCR should be in a range between 2.50% and 2.75%, with views divided on how much further easing in monetary policy should be required beyond October
6th Oct 25, 12:02pm
3
The experts think in a years' time the OCR should be in a range between 2.50% and 2.75%, with views divided on how much further easing in monetary policy should be required beyond October
The coming week's Reserve Bank Official Cash Rate decision looks a genuine toss-up between either a 25 point cut or a 50 pointer, with the RBNZ having to decide whether our sickly economy needs a faster push
5th Oct 25, 6:00am
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The coming week's Reserve Bank Official Cash Rate decision looks a genuine toss-up between either a 25 point cut or a 50 pointer, with the RBNZ having to decide whether our sickly economy needs a faster push
Latest Reserve Bank figures show the amount of non-performing housing loans dropped by $88 million in August following a $55 million fall in July - suggesting that the reductions in mortgage interest rates are having a positive impact
1st Oct 25, 11:16am
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Latest Reserve Bank figures show the amount of non-performing housing loans dropped by $88 million in August following a $55 million fall in July - suggesting that the reductions in mortgage interest rates are having a positive impact
Latest ANZ Business Outlook Survey shows the highest level of expected future activity in five months
30th Sep 25, 1:28pm
Latest ANZ Business Outlook Survey shows the highest level of expected future activity in five months
Latest monthly filled jobs data shows a rise - but Statistics NZ has revised down figures for the previous two months and these now show no gain for those months
29th Sep 25, 11:19am
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Latest monthly filled jobs data shows a rise - but Statistics NZ has revised down figures for the previous two months and these now show no gain for those months
Dairy giant Fonterra is paying farmer shareholders $10.16 per kilogram of milk solids and a total dividend for the year of 57c after reporting a $1.079 billion after tax profit
25th Sep 25, 8:52am
3
Dairy giant Fonterra is paying farmer shareholders $10.16 per kilogram of milk solids and a total dividend for the year of 57c after reporting a $1.079 billion after tax profit
Westpac McDermott Miller Employment Confidence Survey shows that despite a slight lift, confidence remains at the low levels seen in the aftermath of the first Covid lockdown in 2020
24th Sep 25, 9:00am
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Westpac McDermott Miller Employment Confidence Survey shows that despite a slight lift, confidence remains at the low levels seen in the aftermath of the first Covid lockdown in 2020
The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
24th Sep 25, 8:09am
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The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
The country needs the Reserve Bank's foot 'firmly on the accelerator' in the wake of last week's shock GDP plunge
22nd Sep 25, 2:36pm
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The country needs the Reserve Bank's foot 'firmly on the accelerator' in the wake of last week's shock GDP plunge
Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say
22nd Sep 25, 12:46pm
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Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say
SEEK says hiring activity has noticeably picked up; 'We have not seen such broad-based growth in a very long time'
19th Sep 25, 12:01am
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SEEK says hiring activity has noticeably picked up; 'We have not seen such broad-based growth in a very long time'
[updated]
The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
17th Sep 25, 11:19am
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The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
17th Sep 25, 10:43am
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The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
15th Sep 25, 11:13am
16
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us
14th Sep 25, 6:31am
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GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us
Withdrawals from KiwiSaver by the over 65s dropped in the past year, even though 13,000 more people were eligible for withdrawals
10th Sep 25, 2:31pm
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Withdrawals from KiwiSaver by the over 65s dropped in the past year, even though 13,000 more people were eligible for withdrawals
Forsyth Barr analysts have crunched the numbers on ‘company earnings season’ and think we may have seen the low point
10th Sep 25, 8:58am
1
Forsyth Barr analysts have crunched the numbers on ‘company earnings season’ and think we may have seen the low point
Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
9th Sep 25, 1:51pm
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Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off
4th Sep 25, 3:46pm
Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off
Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas
4th Sep 25, 11:51am
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Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas
[updated]
Fletcher Building and SkyCity are 'working closely together to understand any impacts' from the supply of fire doors for the convention centre that could potentially be contaminated by asbestos
4th Sep 25, 10:47am
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Fletcher Building and SkyCity are 'working closely together to understand any impacts' from the supply of fire doors for the convention centre that could potentially be contaminated by asbestos