David Hargreaves

'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'

'While there are risks on both sides of our house price forecast, we think the near-term skew is to the upside'

'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists

'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists

A review of things you need to know before you sign off on Monday; higher home loan and TD rates, Aussies feel mortgage stress, fast food not fast enough for inflation, swaps mixed, NZD mixed, & more

A review of things you need to know before you sign off on Monday; higher home loan and TD rates, Aussies feel mortgage stress, fast food not fast enough for inflation, swaps mixed, NZD mixed, & more

The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago

The number of people choosing to 'top-up' their home mortgage is running at fewer than half the number of two years ago

Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017

Latest Reserve Bank figures show mortgage money advanced last month dipped below $5 billion - the lowest level for a July month since 2017

Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever

Our national airline soars from the financial trough of the pandemic to emerge with its second-highest profit ever

Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme

Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme

Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation

Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation

If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say

If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say

Kiwis put a new record high amount on their credit cards during overseas trips last month

Kiwis put a new record high amount on their credit cards during overseas trips last month

Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures

Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures

A 14% month-on-month fall in dairy exports helped drive a bigger-than-expected $1.1 billion merchandise trade deficit for NZ in July

A 14% month-on-month fall in dairy exports helped drive a bigger-than-expected $1.1 billion merchandise trade deficit for NZ in July

Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year

Reserve Bank changes its forecasts and now expects house prices to rise from the current quarter, with annual prices showing an increase by March next year

Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time

Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time

ASB economist Nat Keall says the global dairy market is well supplied in the near-term, 'and it is difficult to see a catalyst for much strengthening in demand'

ASB economist Nat Keall says the global dairy market is well supplied in the near-term, 'and it is difficult to see a catalyst for much strengthening in demand'

Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again

Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again

A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise

A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise

Job ads are continuing to decline in the BNZ/SEEK Employment Report - suggesting that the anticipated sharp cooling in the labour market is beginning

Job ads are continuing to decline in the BNZ/SEEK Employment Report - suggesting that the anticipated sharp cooling in the labour market is beginning

While the Reserve Bank's widely expected to keep the Official Cash Rate unchanged this week, some experts on NZIER's 'Shadow Board' think higher rates are needed

While the Reserve Bank's widely expected to keep the Official Cash Rate unchanged this week, some experts on NZIER's 'Shadow Board' think higher rates are needed

David Hargreaves examines the Reserve Bank's forthcoming OCR review, saying all eyes will be on its updated economic forecasts & whether it has changed its opinion on the path of inflation & interest rates

David Hargreaves examines the Reserve Bank's forthcoming OCR review, saying all eyes will be on its updated economic forecasts & whether it has changed its opinion on the path of inflation & interest rates

Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time

Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time

Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise

Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise

BNZ economists say economic activity will take 'a noticeable hit' from the expected lower milk price this year

BNZ economists say economic activity will take 'a noticeable hit' from the expected lower milk price this year

Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity

Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity

Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again

Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again