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.
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
Kiwibank economists say households are showing few signs of financial stress in the face of higher interest rates, but 'a lot hinges on the labour market'
Kiwibank economists say households are showing few signs of financial stress in the face of higher interest rates, but 'a lot hinges on the labour market'
A quarterly survey for the Reserve Bank shows that households' views on the likely rate of inflation in a year are unchanged from the previous survey, but they see stronger house prices
A quarterly survey for the Reserve Bank shows that households' views on the likely rate of inflation in a year are unchanged from the previous survey, but they see stronger house prices
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
Latest quarterly Reserve Bank figures show that ahead of the possible introduction of debt to income restrictions next year, new buyers are, in any case, mostly borrowing on low DTI ratios
Latest quarterly Reserve Bank figures show that ahead of the possible introduction of debt to income restrictions next year, new buyers are, in any case, mostly borrowing on low DTI ratios
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
As Fraud Awareness Week launches, MBIE says scammers are targeting everyone across NZ, but especially those with savings or investments looking to earn a little bit more from their money
As Fraud Awareness Week launches, MBIE says scammers are targeting everyone across NZ, but especially those with savings or investments looking to earn a little bit more from their money
A new BIS research paper finds of the 68 stablecoins 'pegged' to the value of a specific asset, not one of them has been able to maintain parity with their pegs at all times
A new BIS research paper finds of the 68 stablecoins 'pegged' to the value of a specific asset, not one of them has been able to maintain parity with their pegs at all times
Economists say the Reserve Bank will be wary of survey results that show shorter term inflation expectations have fallen but longer term expectations for both inflation and interest rates have risen
Economists say the Reserve Bank will be wary of survey results that show shorter term inflation expectations have fallen but longer term expectations for both inflation and interest rates have risen
Influential RBNZ survey shows a small but significant drop in the expected level of inflation in two years time, and a sharp drop in expectations of one-year-out inflation; house prices expected to rise
Influential RBNZ survey shows a small but significant drop in the expected level of inflation in two years time, and a sharp drop in expectations of one-year-out inflation; house prices expected to rise
ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
TSB's new chief Kerry Boielle is joining the bank from a senior position with Southern Cross Health Care Society, replacing Donna Cooper who departed earlier this year
TSB's new chief Kerry Boielle is joining the bank from a senior position with Southern Cross Health Care Society, replacing Donna Cooper who departed earlier this year
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
The latest ANZ Business Outlook survey shows a bounce in most activity indicators; ANZ chief economist says 'it would clearly be a stretch to argue there's been no election impact'
The latest ANZ Business Outlook survey shows a bounce in most activity indicators; ANZ chief economist says 'it would clearly be a stretch to argue there's been no election impact'
BNZ chief economist Mike Jones says the currently wide cost gap between building and buying a house should reduce, but much of this is expected to come via higher house prices
BNZ chief economist Mike Jones says the currently wide cost gap between building and buying a house should reduce, but much of this is expected to come via higher house prices
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Stats NZ says the country's population grew by 105,900 people in the year to June, with Auckland's population up 47,000; migration responsible for three-quarters of Auckland growth
Stats NZ says the country's population grew by 105,900 people in the year to June, with Auckland's population up 47,000; migration responsible for three-quarters of Auckland growth
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced