David Hargreaves

UBS analysts anticipate that the Australian banks will likely respond over time to the card surcharges removal by raising cardholder fees, reducing rewards on credit cards, and potentially increasing interest rates

UBS analysts anticipate that the Australian banks will likely respond over time to the card surcharges removal by raising cardholder fees, reducing rewards on credit cards, and potentially increasing interest rates

Investment researcher Morningstar says the Aussie banks are overpriced - but ANZ represents the best value despite risks hanging over it

Investment researcher Morningstar says the Aussie banks are overpriced - but ANZ represents the best value despite risks hanging over it

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter

New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter

The Australian Competition and Consumer Commission has cleared French company Lactalis to buy Fonterra's up-for-sale consumer business

The Australian Competition and Consumer Commission has cleared French company Lactalis to buy Fonterra's up-for-sale consumer business

New proposed anti-money laundering measures include banning crypto ATM machines and limits on overseas cash transfers

New proposed anti-money laundering measures include banning crypto ATM machines and limits on overseas cash transfers

Latest monthly RBNZ figures show that in May, a third of the new mortgages taken out were on floating terms; homeowners are still waiting for more OCR cuts

Latest monthly RBNZ figures show that in May, a third of the new mortgages taken out were on floating terms; homeowners are still waiting for more OCR cuts

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

A majority of the NZIER's 'Shadow Board' of experts recommend keeping the Official Cash Rate unchanged this week - but there's a variety of opinions on what should come next

A majority of the NZIER's 'Shadow Board' of experts recommend keeping the Official Cash Rate unchanged this week - but there's a variety of opinions on what should come next

The Reserve Bank will likely end a sequence of six consecutive cuts to the Official Cash Rate in the coming week - but we've probably not seen the end of the rate reductions yet

The Reserve Bank will likely end a sequence of six consecutive cuts to the Official Cash Rate in the coming week - but we've probably not seen the end of the rate reductions yet

Latest Reserve Bank figures show that while mortgage interest rates have been falling the amounts of stressed housing lending are still going up

Latest Reserve Bank figures show that while mortgage interest rates have been falling the amounts of stressed housing lending are still going up

ANZ chief economist Sharon Zollner says the business environment continues to be difficult for many

ANZ chief economist Sharon Zollner says the business environment continues to be difficult for many

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

Forsyth Barr analysts say Fletcher Building's net debt must halve and - assuming there's no asset sales - this won't happen till the 2028 financial year

Forsyth Barr analysts say Fletcher Building's net debt must halve and - assuming there's no asset sales - this won't happen till the 2028 financial year

Forsyth Barr's conducted what it believes to be NZ's largest business survey and says it paints a clear picture of businesses seeing improvement in demand and expecting the year ahead to be better than the past one

Forsyth Barr's conducted what it believes to be NZ's largest business survey and says it paints a clear picture of businesses seeing improvement in demand and expecting the year ahead to be better than the past one

The primary sector is continuing to provide bumper exports, which saw New Zealand record a monthly goods trade surplus of over $1.2 billion in May

The primary sector is continuing to provide bumper exports, which saw New Zealand record a monthly goods trade surplus of over $1.2 billion in May

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

Ailing construction giant Fletcher Building has signposted potential writedowns of up to $780 million in its financial year about to end

Ailing construction giant Fletcher Building has signposted potential writedowns of up to $780 million in its financial year about to end

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

Westpac's chief economist Kelly Eckhold says the Reserve Bank will be keeping a close eye on which of the 'competing growth and inflation drivers' will dominate over the rest of the year

Westpac's chief economist Kelly Eckhold says the Reserve Bank will be keeping a close eye on which of the 'competing growth and inflation drivers' will dominate over the rest of the year

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting

The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting