David Hargreaves

Labour market figures to be released in the coming week will likely show an improving picture overall for employment, but that might not yet be enough to see the unemployment rate drop from the nearly nine-year high it hit in September

Labour market figures to be released in the coming week will likely show an improving picture overall for employment, but that might not yet be enough to see the unemployment rate drop from the nearly nine-year high it hit in September

Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market

Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market

'We are forecasting the first OCR hike to come in December this year, but if these pricing intentions manifest in hard data, it’ll come earlier than that'

'We are forecasting the first OCR hike to come in December this year, but if these pricing intentions manifest in hard data, it’ll come earlier than that'

New Zealand's exports reached more that $80 billion for the first time last year, but we did still import slightly more than we exported

New Zealand's exports reached more that $80 billion for the first time last year, but we did still import slightly more than we exported

There was a slight drop in filled jobs in December - but a very sharp upward revision to November figures

There was a slight drop in filled jobs in December - but a very sharp upward revision to November figures

Retail NZ says the Black Friday-led surge in sales in November did not continue into December and believes retailers will 'be bracing for a possible rocky few months ahead of them'

Retail NZ says the Black Friday-led surge in sales in November did not continue into December and believes retailers will 'be bracing for a possible rocky few months ahead of them'

Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated

Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated

The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024

The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024

Fletcher Building selling its problematic construction division to a large French company for over $300 million

Fletcher Building selling its problematic construction division to a large French company for over $300 million

December quarter Consumers Price Index figures may show our inflation rate once again above the 1% to 3% target range. How new RBNZ Governor Anna Breman will respond to our stubborn high prices in her first OCR review next month will be keenly watched

December quarter Consumers Price Index figures may show our inflation rate once again above the 1% to 3% target range. How new RBNZ Governor Anna Breman will respond to our stubborn high prices in her first OCR review next month will be keenly watched

In his state of the nation address, Christopher Luxon has focused on the Government's reform of KiwiSaver, NCEA and the RMA and says there's 'no room for extravagant election promises'

In his state of the nation address, Christopher Luxon has focused on the Government's reform of KiwiSaver, NCEA and the RMA and says there's 'no room for extravagant election promises'

Stats NZ says the 1.1% rise in economic activity in the September 2025 quarter was broad-based, with increases in 14 out of 16 industries

Stats NZ says the 1.1% rise in economic activity in the September 2025 quarter was broad-based, with increases in 14 out of 16 industries

Fonterra's forecast milk price for farmers in the current season has now been chopped by 10% from the co-operative's opening forecast level; latest reduction sees price trimmed to $9 from $9.50

Fonterra's forecast milk price for farmers in the current season has now been chopped by 10% from the co-operative's opening forecast level; latest reduction sees price trimmed to $9 from $9.50

Following another difficult global dairy auction this week, prices are now at their lowest level in two years, having dropped 25% from the recent peak in May and putting downward pressure on Fonterra's already reduced milk price forecast

Following another difficult global dairy auction this week, prices are now at their lowest level in two years, having dropped 25% from the recent peak in May and putting downward pressure on Fonterra's already reduced milk price forecast

The deficit between what we earn overseas and what we spend has continued to narrow, now to 3.5% of GDP, compared with a level of 9% three years ago; global credit rating agencies should be happy

The deficit between what we earn overseas and what we spend has continued to narrow, now to 3.5% of GDP, compared with a level of 9% three years ago; global credit rating agencies should be happy

Governor Anna Breman says the Reserve Bank 'really has to consider' moving to eight OCR meetings per year - something the bank switched away from 10 years ago

Governor Anna Breman says the Reserve Bank 'really has to consider' moving to eight OCR meetings per year - something the bank switched away from 10 years ago

Statistics NZ's Selected Price Indexes show that food prices dropped 0.4% in November, lowering the annual increase to 4.4% - while rents had their lowest annual increase since at least 2011

Statistics NZ's Selected Price Indexes show that food prices dropped 0.4% in November, lowering the annual increase to 4.4% - while rents had their lowest annual increase since at least 2011

In her first substantial monetary policy communication, Reserve Bank Governor Anna Breman says the RBNZ is 'closely monitoring wholesale market interest rates and their effect on households and businesses'

In her first substantial monetary policy communication, Reserve Bank Governor Anna Breman says the RBNZ is 'closely monitoring wholesale market interest rates and their effect on households and businesses'

Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February

Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February

The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'

The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'

GDP figures out in the coming week will likely show a bounce-back in economic activity in the September quarter - but much interest will centre around revisions to the figures for earlier quarters and whether the 'June swoon' really happened

GDP figures out in the coming week will likely show a bounce-back in economic activity in the September quarter - but much interest will centre around revisions to the figures for earlier quarters and whether the 'June swoon' really happened

Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come

Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come

David Hargreaves outlines the things he's watching out for in the coming year - but struggles to see beyond the potential large impact of the election campaign

David Hargreaves outlines the things he's watching out for in the coming year - but struggles to see beyond the potential large impact of the election campaign

Fonterra says it is still on track to complete sale of its Mainland Group business in the first half next year, while reporting slightly reduced first quarter earnings

Fonterra says it is still on track to complete sale of its Mainland Group business in the first half next year, while reporting slightly reduced first quarter earnings

Significant sums are now being pulled from term deposits, while investors are more active in mortgage borrowing this year, Reserve Bank figures show

Significant sums are now being pulled from term deposits, while investors are more active in mortgage borrowing this year, Reserve Bank figures show