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.
Synlait says while it is confident in its strategy 'to right-size its cost base', the uncertainty of 'broader macroeconomic factors' means the company is not providing result guidance for the coming year at this stage
Synlait says while it is confident in its strategy 'to right-size its cost base', the uncertainty of 'broader macroeconomic factors' means the company is not providing result guidance for the coming year at this stage
Fonterra's after-tax profits have risen to $1.577 bln, with a full-year dividend of 50c per share and a final declared milk price of $8.22 per kilogram of milk solids
Fonterra's after-tax profits have risen to $1.577 bln, with a full-year dividend of 50c per share and a final declared milk price of $8.22 per kilogram of milk solids
Westpac economists caution that while the latest positive global dairy auction results are welcome, prices are still down by about a quarter over the past year
Westpac economists caution that while the latest positive global dairy auction results are welcome, prices are still down by about a quarter over the past year
BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
BNZ chief economist estimates the average annual expense associated with buying the median NZ home currently exceeds the cost of renting by just over $38,000 a year
Synlait’s 'delivery in full and on time performance' of its manufacturing and supply agreement with a2 Milk has fallen 'below the level required', according to a2
Synlait’s 'delivery in full and on time performance' of its manufacturing and supply agreement with a2 Milk has fallen 'below the level required', according to a2
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Latest QV House Price Index shows NZ houses nationally have had their first three-monthly increase in values since the start of the downturn in late 2021
Latest QV House Price Index shows NZ houses nationally have had their first three-monthly increase in values since the start of the downturn in late 2021
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
When countries experience large capital outflows, significant currency substitution, an unacceptable level of money laundering risk, and/or risks to consumers and markets, targeted restrictions on crypto assets 'might be useful'
David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
David Hargreaves has a look at the housing market's prospects in the wake of some strong Auckland monthly sales figures and ahead of a pivotal (for the housing market) election
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
Stats NZ says the volume of residential building work dropped 2% on a seasonally adjusted basis in the June quarter - but non-residential construction rose
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
BNZ economists had expected continued improvement in housing affordability but now say any improvement next year will be 'glacial' and affordability will start to deteriorate again in 2025
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
Auckland's largest real estate company says signs the 'heralded' recovery of the Auckland housing market is imminent can be seen in the high property sales and prices paid
Auckland's largest real estate company says signs the 'heralded' recovery of the Auckland housing market is imminent can be seen in the high property sales and prices paid
CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
CoreLogic says national house values nudged 0.2% lower in August, with the three-month change 'also easing' to a 1.8% fall. The average property is now worth $905,466, which is 13.2% below the peak level
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'
The latest ANZ Business Outlook survey shows rising confidence and business activity levels, with falling inflation indicators - 'Goldilocks is in the building'