sign up log in
Want to go ad-free? Find out how, here.

David Hargreaves

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.

Member for

12 years 6 months

Latest articles

[updated]
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
29th May 25, 1:24pm
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
Dairy giant Fonterra has made a strong opening farmgate milk price forecast for the season that's about to start, while firming up expectations of earnings for the current financial year of about 70 cents per share
29th May 25, 9:19am
1
Dairy giant Fonterra has made a strong opening farmgate milk price forecast for the season that's about to start, while firming up expectations of earnings for the current financial year of about 70 cents per share
Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
28th May 25, 2:16pm
13
Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down
28th May 25, 11:21am
5
Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down
Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
27th May 25, 1:15pm
1
Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
25th May 25, 6:00am
27
The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
21st May 25, 3:43pm
4
The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
Bumper exports of dairy, meat, fruit and wood have driven a record monthly goods trade surplus of over $1.4 billion in April
21st May 25, 11:43am
22
Bumper exports of dairy, meat, fruit and wood have driven a record monthly goods trade surplus of over $1.4 billion in April
[updated]
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
20th May 25, 9:35am
3
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
The services sector again contracted slightly in the last month and is 'a long way from being back to full health'
19th May 25, 10:57am
3
The services sector again contracted slightly in the last month and is 'a long way from being back to full health'
David Hargreaves has a look at how mortgage rate reductions have been tracking and tries to assess how much more is needed in order to get the economy back on track
18th May 25, 6:31am
69
David Hargreaves has a look at how mortgage rate reductions have been tracking and tries to assess how much more is needed in order to get the economy back on track
Statistics NZ's Selected Price Indexes show as well as a surge in food prices in April, airfares shot up during the school holiday-Easter period
15th May 25, 11:24am
6
Statistics NZ's Selected Price Indexes show as well as a surge in food prices in April, airfares shot up during the school holiday-Easter period
Electronic cards data for April shows that hospitality, durables and consumables spending rose in the month, but the apparel industry is still doing it tough
14th May 25, 11:30am
Electronic cards data for April shows that hospitality, durables and consumables spending rose in the month, but the apparel industry is still doing it tough
People who haven't repaid Small Business Cashflow loans will start facing substantial default interest from next month
12th May 25, 12:57pm
12
People who haven't repaid Small Business Cashflow loans will start facing substantial default interest from next month
David Hargreaves has a crunch of the first-quarter mortgage figures, which show business is getting busier whether we talk about amounts borrowed or the numbers of mortgages taken out
11th May 25, 6:30am
7
David Hargreaves has a crunch of the first-quarter mortgage figures, which show business is getting busier whether we talk about amounts borrowed or the numbers of mortgages taken out
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
8th May 25, 3:40pm
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
8th May 25, 8:28am
6
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
Unemployment remained the same and wage pressures were muted in the March quarter
7th May 25, 11:09am
8
Unemployment remained the same and wage pressures were muted in the March quarter
A review of things you need to know before you sign off on Monday; Mortgage rate and TD rate moves, Smartpay surges, sales up, prices down for Barfoots, retail crime under reported, swaps up, NZD up, & more
5th May 25, 3:59pm
20
A review of things you need to know before you sign off on Monday; Mortgage rate and TD rate moves, Smartpay surges, sales up, prices down for Barfoots, retail crime under reported, swaps up, NZD up, & more
Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect
4th May 25, 5:00am
3
Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect
Latest RBNZ figures show the pile of troubled mortgages grew by 11.5% in the first quarter of this year; meanwhile the pile of mortgages held by investors had its biggest rise in March for nearly four years
1st May 25, 10:26am
8
Latest RBNZ figures show the pile of troubled mortgages grew by 11.5% in the first quarter of this year; meanwhile the pile of mortgages held by investors had its biggest rise in March for nearly four years
ANZ chief economist says time will tell whether the impact of the global tariff turmoil is lasting
30th Apr 25, 1:24pm
ANZ chief economist says time will tell whether the impact of the global tariff turmoil is lasting
Latest Reserve Bank figures show people switching loan providers helped drive mortgage figures in March to levels last seen in 2021
30th Apr 25, 10:37am
Latest Reserve Bank figures show people switching loan providers helped drive mortgage figures in March to levels last seen in 2021
[updated]
Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it
29th Apr 25, 11:31am
1
Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it
Latest figures show RBNZ now has over $26.7 billion worth of cash for intervening if necessary in foreign exchange markets
29th Apr 25, 9:33am
Latest figures show RBNZ now has over $26.7 billion worth of cash for intervening if necessary in foreign exchange markets