About
David Hargreaves worked for interest.co.nz as senior journalist and news editor from 2012 through to April 2026.
David Hargreaves
Latest articles
[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
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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
Latest figures show RBNZ now has over $26.7 billion worth of cash for intervening if necessary in foreign exchange markets
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds
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Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds
ANZ Roy Morgan Consumer Confidence survey shows kiwis see inflation being 4.7% in 2027 - the highest reading in this survey for two years
ANZ Roy Morgan Consumer Confidence survey shows kiwis see inflation being 4.7% in 2027 - the highest reading in this survey for two years
[updated]
Bumper exports of dairy, meat and fruit give NZ its biggest monthly goods trade surplus since the pandemic
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Bumper exports of dairy, meat and fruit give NZ its biggest monthly goods trade surplus since the pandemic
David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?
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David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?
ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%
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ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%
Our national airline is forecasting pre-tax profits of between $150 million and $190 million for the current financial year
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Our national airline is forecasting pre-tax profits of between $150 million and $190 million for the current financial year
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
[updated]
Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode
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Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode
David Hargreaves has a look at what the March quarter inflation figures might bring. That's the easy bit. The hard bit is trying to work out what might come next
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David Hargreaves has a look at what the March quarter inflation figures might bring. That's the easy bit. The hard bit is trying to work out what might come next
Kelly Eckhold says a lot has changed in the past week and he expects the RBNZ this week to indicate 'a firm intention to get the Official Cash Rate to 3% soon'
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Kelly Eckhold says a lot has changed in the past week and he expects the RBNZ this week to indicate 'a firm intention to get the Official Cash Rate to 3% soon'
Latest monthly RBNZ figures show in February, owner occupiers were still overwhelmingly taking up 'short' mortgage commitments - but banks' pushing lower two-year rates was starting to have an impact
Latest monthly RBNZ figures show in February, owner occupiers were still overwhelmingly taking up 'short' mortgage commitments - but banks' pushing lower two-year rates was starting to have an impact
BNZ economists reiterate their longstanding prediction that the RBNZ will ultimately take the Official Cash Rate down to 2.75%
BNZ economists reiterate their longstanding prediction that the RBNZ will ultimately take the Official Cash Rate down to 2.75%
There's upheaval inside the Reserve Bank, there's upheaval outside of the Reserve Bank, but we'll still get our promised 25 point Official Cash Rate cut
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There's upheaval inside the Reserve Bank, there's upheaval outside of the Reserve Bank, but we'll still get our promised 25 point Official Cash Rate cut
Kelly Eckhold says while the RBNZ appeared to promise an OCR cut next week almost unconditionally, decisions should always be based on the situation on the ground. 'No change with an easing bias would be the right thing to do'
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Kelly Eckhold says while the RBNZ appeared to promise an OCR cut next week almost unconditionally, decisions should always be based on the situation on the ground. 'No change with an easing bias would be the right thing to do'
Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
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Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
[updated]
ANZ chief economist says firms' pricing and cost expectations have risen again 'and are not consistent with' the Reserve Bank's inflation forecasts
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ANZ chief economist says firms' pricing and cost expectations have risen again 'and are not consistent with' the Reserve Bank's inflation forecasts
Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'
Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'
Latest Reserve Bank figures show first home buyers continue to take a declining share of monthly mortgage advances, while the overall figures for February were down on a seasonally-adjusted basis
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Latest Reserve Bank figures show first home buyers continue to take a declining share of monthly mortgage advances, while the overall figures for February were down on a seasonally-adjusted basis
With the first quarter of the year nearly gone, and with GDP having returned to growth, David Hargreaves has a quick check on the economy's pulse
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With the first quarter of the year nearly gone, and with GDP having returned to growth, David Hargreaves has a quick check on the economy's pulse
Westpac McDermott Miller Employment Confidence Survey shows lowest levels of confidence since the immediate aftermath of the first Covid lockdown in 2020
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Westpac McDermott Miller Employment Confidence Survey shows lowest levels of confidence since the immediate aftermath of the first Covid lockdown in 2020
Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
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Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
David Hargreaves says the turnaround of co-operative Fonterra at a time of high dairy prices provides a timely boost for our flagging economy
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David Hargreaves says the turnaround of co-operative Fonterra at a time of high dairy prices provides a timely boost for our flagging economy