About
David Hargreaves worked for interest.co.nz as senior journalist and news editor from 2012 through to April 2026.
David Hargreaves
Latest articles
Kiwibank economists believe the Reserve Bank is set to do a big about-face with its Official Cash Rate forecasts
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Kiwibank economists believe the Reserve Bank is set to do a big about-face with its Official Cash Rate forecasts
Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
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Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
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David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
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Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
Xero says monthly small business sales fell by the most in June since May 2020 during the pandemic lockdown
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Xero says monthly small business sales fell by the most in June since May 2020 during the pandemic lockdown
'We are hitting the point where the RBNZ’s worries should switch from the risks from cutting the OCR too soon to the risks of keeping it too high for too long'
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'We are hitting the point where the RBNZ’s worries should switch from the risks from cutting the OCR too soon to the risks of keeping it too high for too long'
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
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As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
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The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
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David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
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Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
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Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
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David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
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Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
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ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
Kiwibank economists say they would recommend cutting the Official Cash Rate in August
The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week
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The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week
Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
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Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
BNZ economists say they hope the Reserve Bank will 'eventually accept' there are a number of relative price increases such as insurance and rates that can be 'looked through'
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BNZ economists say they hope the Reserve Bank will 'eventually accept' there are a number of relative price increases such as insurance and rates that can be 'looked through'
Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors
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Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors
David Hargreaves says it looks too late to 'save' this year, but if we can beat inflation, then the RBNZ will call off the dogs and the prospects for next year will be for a gradual recovery. If we can beat inflation...
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David Hargreaves says it looks too late to 'save' this year, but if we can beat inflation, then the RBNZ will call off the dogs and the prospects for next year will be for a gradual recovery. If we can beat inflation...
Latest RBNZ figures show NZ's housing lending stock increased by over $1.3 billion in May, while the annual growth rate was the highest for over a year
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Latest RBNZ figures show NZ's housing lending stock increased by over $1.3 billion in May, while the annual growth rate was the highest for over a year
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
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ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
ASB economists expect 'a considerably more modest inflation impact in NZ' than during the pandemic spike in shipping costs, but say the latest rise 'will further crimp NZ and global household demand'
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ASB economists expect 'a considerably more modest inflation impact in NZ' than during the pandemic spike in shipping costs, but say the latest rise 'will further crimp NZ and global household demand'
Latest monthly figures from the Reserve Bank reveal our central bank has seen a decrease in its 'foreign currency intervention capacity' of NZ$732 million last month - the first drop in a year
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Latest monthly figures from the Reserve Bank reveal our central bank has seen a decrease in its 'foreign currency intervention capacity' of NZ$732 million last month - the first drop in a year
Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months
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Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months