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.
Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year
Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year
The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.9% in a year and they don't see it being within the 1% to 3% target range over the next five years
The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.9% in a year and they don't see it being within the 1% to 3% target range over the next five years
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
Westpac economists believe the record returns likely coming to dairy farmers this milking season can be just about maintained in the next season as well
Westpac economists believe the record returns likely coming to dairy farmers this milking season can be just about maintained in the next season as well
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
Capital Economics says the resulting surge in US inflation from the announced tariffs is going to 'come faster and be larger than we initially expected'
Capital Economics says the resulting surge in US inflation from the announced tariffs is going to 'come faster and be larger than we initially expected'
Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers