David Hargreaves

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy

Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy

Fonterra's now indicating farmer shareholders will get $10.15 per kilogram of milk solids for the season that finished in May

Fonterra's now indicating farmer shareholders will get $10.15 per kilogram of milk solids for the season that finished in May

When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job

When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job

Fletcher Building has taken an over $700m hit on writedowns and given the clearest indication yet that it is going to sell its residential and development unit in addition to the troubled construction business

Fletcher Building has taken an over $700m hit on writedowns and given the clearest indication yet that it is going to sell its residential and development unit in addition to the troubled construction business

The second set of results from a new survey the Reserve Bank has spent a lot of time developing have shown a rise in inflation expectations among businesses - an unwelcome outcome for the RBNZ ahead of this week's OCR decision

The second set of results from a new survey the Reserve Bank has spent a lot of time developing have shown a rise in inflation expectations among businesses - an unwelcome outcome for the RBNZ ahead of this week's OCR decision

The experts agree the Reserve Bank should cut the Official Cash Rate again this week - but beyond that a wide range of views is starting to form

The experts agree the Reserve Bank should cut the Official Cash Rate again this week - but beyond that a wide range of views is starting to form

An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump

An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump

After 'pausing' at its last Official Cash Rate Review in July the Reserve Bank will almost certainly cut rates again in the coming week. As ever, attention will quickly switch to whether further cuts might follow

After 'pausing' at its last Official Cash Rate Review in July the Reserve Bank will almost certainly cut rates again in the coming week. As ever, attention will quickly switch to whether further cuts might follow

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

Electronic cards data for July shows that seasonally adjusted retail spending rose for the second consecutive month, with gains in hospitality and consumables somewhat offset by continued weakness in durables and apparel

Electronic cards data for July shows that seasonally adjusted retail spending rose for the second consecutive month, with gains in hospitality and consumables somewhat offset by continued weakness in durables and apparel

Forsyth Barr analysts downgrade their profit forecasts for our national airline and say it was either loss-making, or at best, made a 'small' profit in the second half of the 2025 financial year

Forsyth Barr analysts downgrade their profit forecasts for our national airline and say it was either loss-making, or at best, made a 'small' profit in the second half of the 2025 financial year

Kiwibank economists say all of the key data released ahead of the Reserve Bank's Official Cash Rate review next week have been supportive of another cut

Kiwibank economists say all of the key data released ahead of the Reserve Bank's Official Cash Rate review next week have been supportive of another cut

Big financial windfall for NZ dairy farmers gets closer as Fonterra moves toward the final stages of selling some of its household brand names such as Anchor and Mainland

Big financial windfall for NZ dairy farmers gets closer as Fonterra moves toward the final stages of selling some of its household brand names such as Anchor and Mainland

RBNZ survey has shown an easing in expectations of inflation - something that will cause the RBNZ comfort as it prepares for its next Official Cash Rate decision later in the month

RBNZ survey has shown an easing in expectations of inflation - something that will cause the RBNZ comfort as it prepares for its next Official Cash Rate decision later in the month

New BIS research paper looks at the 'unique set of challenges' posed by stablecoins and outlines the potential required policy response

New BIS research paper looks at the 'unique set of challenges' posed by stablecoins and outlines the potential required policy response

Morgan Stanley analysts say ANZ, CBA and NAB grew mortgages 'broadly in line with system' in the first six months of 2025, while Westpac lagged; CBA reporting results soon

Morgan Stanley analysts say ANZ, CBA and NAB grew mortgages 'broadly in line with system' in the first six months of 2025, while Westpac lagged; CBA reporting results soon

Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024

Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024

A look at the detailed mortgage figures for the first six months of this year reveals that the investors are definitely back - even if that's not what the current market narrative might say

A look at the detailed mortgage figures for the first six months of this year reveals that the investors are definitely back - even if that's not what the current market narrative might say

Latest monthly RBNZ figures show that in June there was a marked shift in preference to one-year fixed mortgages, particularly for investors

Latest monthly RBNZ figures show that in June there was a marked shift in preference to one-year fixed mortgages, particularly for investors

ANZ economists believe firms have 'hoarded' labour in anticipation of economic recovery and may now be forced to 'right size' through layoffs - amplifying the unemployment rate; OCR may be forced below 2.5%

ANZ economists believe firms have 'hoarded' labour in anticipation of economic recovery and may now be forced to 'right size' through layoffs - amplifying the unemployment rate; OCR may be forced below 2.5%

'There is an element of being punished because NZ has great scenery and because Americans want to eat far more hamburgers than the Duttons on Yellowstone ranch can produce beef for'

'There is an element of being punished because NZ has great scenery and because Americans want to eat far more hamburgers than the Duttons on Yellowstone ranch can produce beef for'

Labour market figures to be released in the coming week may show the unemployment rate rising to 5.3% from 5.1%, reflecting a mid-year 'stall' in the hoped-for economic recovery

Labour market figures to be released in the coming week may show the unemployment rate rising to 5.3% from 5.1%, reflecting a mid-year 'stall' in the hoped-for economic recovery

Latest Reserve Bank figures show that even as mortgage rates come down, the amount of non-performing housing loans is still going up, now getting close to $2.5 billion worth

Latest Reserve Bank figures show that even as mortgage rates come down, the amount of non-performing housing loans is still going up, now getting close to $2.5 billion worth

Latest ANZ Business Outlook Survey shows a renewed slump in expected activity for both the construction and retail sectors: 'It appears residential builders are giving up on a recovery any time soon'

Latest ANZ Business Outlook Survey shows a renewed slump in expected activity for both the construction and retail sectors: 'It appears residential builders are giving up on a recovery any time soon'