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.
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
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
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
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
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
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
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
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 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