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.
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
A review of things you need to know before you sign off on Tuesday; more home loan and TD rate changes, insurance claims mount, nasty retail surprise across the ditch, mortgages are dying - long live term deposits, swaps firm, NZD mixed, & more
A review of things you need to know before you sign off on Tuesday; more home loan and TD rate changes, insurance claims mount, nasty retail surprise across the ditch, mortgages are dying - long live term deposits, swaps firm, NZD mixed, & more
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
ANZ economists change their call and now expect the Reserve Bank to lift the Official Cash Rate by 50 points next month, rather than the signalled 75 points; Kiwibank economists see peak OCR of 5% - 'enough is enough'
The Reserve Bank and Finance Minister have agreed a new framework for managing foreign reserves, which will include the RBNZ holding more cash offshore - but it's not saying how much more
The Reserve Bank and Finance Minister have agreed a new framework for managing foreign reserves, which will include the RBNZ holding more cash offshore - but it's not saying how much more
The country's investment watchdog says in its annual report that during the year under review it focused its monitoring on a variety of sectors and topics
The country's investment watchdog says in its annual report that during the year under review it focused its monitoring on a variety of sectors and topics
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
David Hargreaves tries to make sense of a very quick beginning to the year, which means we are unlikely to be able to draw breath until the October election is over. Expect drama
Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
Kiwibank economists are hoping the Reserve Bank can be deterred from its signalled 75 basis point Official Cash Rate hike and 'meet in the middle' with a 50 point rise
Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
Our central bank is picking that inflation will have hit a new 32-year high of 7.5% when December quarter figures are released in the coming week. If it's right, expect a further hefty 75 point rise to the Official Cash Rate next month
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
Robertson says he is not standing for leadership; Labour has announced the general election will be October 14; Ardern says she 'no longer has that extra bit in the tank' to do the PM job justice
Robertson says he is not standing for leadership; Labour has announced the general election will be October 14; Ardern says she 'no longer has that extra bit in the tank' to do the PM job justice
Statistics New Zealand says falling property values lopped $91.1 billion off the worth of Kiwis in the first nine months of 2022, while falling share and investment values took $78.6 billion away
Statistics New Zealand says falling property values lopped $91.1 billion off the worth of Kiwis in the first nine months of 2022, while falling share and investment values took $78.6 billion away
Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending
Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
David Hargreaves has a quick check on the temperature of the economy with a recap of where we left off in 2022 as we now look towards what appears likely to be a very fast start to things financial in 2023
Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
Surging demand in the service industries after the re-opening of the borders has seen the economy grow at a much faster pace than expected in the September quarter; the Reserve Bank won't be pleased - 75 point rise to OCR in February appears certain
Reserve Bank Governor says our banks need to take a long term view on their customer base 'because it is a lifetime of earnings they get off each customer'
Reserve Bank Governor says our banks need to take a long term view on their customer base 'because it is a lifetime of earnings they get off each customer'
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September