David Hargreaves

Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far

Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review and highlights the wild ride we've been on for the past two years that has seen the OCR hiked on 12 consecutive occasions

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review and highlights the wild ride we've been on for the past two years that has seen the OCR hiked on 12 consecutive occasions

David Hargreaves examines the suddenly very visible signs of the New Zealand economy slowing as it reacts to the Reserve Bank's attempts to put out the inflation fire

David Hargreaves examines the suddenly very visible signs of the New Zealand economy slowing as it reacts to the Reserve Bank's attempts to put out the inflation fire

A new data series from the Reserve Bank shows recent promotion of lower interest rates for three-year mortgage terms by some of the major banks has swayed significant numbers of customers to 'go longer' with their terms

A new data series from the Reserve Bank shows recent promotion of lower interest rates for three-year mortgage terms by some of the major banks has swayed significant numbers of customers to 'go longer' with their terms

BNZ head of research Stephen Toplis says he continues to believe the next move in interest rates will be down 'and that this will possibly occur sooner than the RBNZ expects'

BNZ head of research Stephen Toplis says he continues to believe the next move in interest rates will be down 'and that this will possibly occur sooner than the RBNZ expects'

Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending

Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending

Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago

Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago

David Hargreaves tries to put some context around why first home buyers are getting a record share of the mortgage market even as house prices have been falling

David Hargreaves tries to put some context around why first home buyers are getting a record share of the mortgage market even as house prices have been falling

ANZ's latest Business Outlook Survey shows a big lift in confidence and overall sentiment, while cost and inflation expectations have dropped

ANZ's latest Business Outlook Survey shows a big lift in confidence and overall sentiment, while cost and inflation expectations have dropped

Reserve Bank figures show no sign yet of any upturn in the mortgage market, with May recording a drop in the amount borrowed compared with the previous month on a seasonally adjusted basis

Reserve Bank figures show no sign yet of any upturn in the mortgage market, with May recording a drop in the amount borrowed compared with the previous month on a seasonally adjusted basis

TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits

TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits

ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages

ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages

The amount spent overseas by Kiwis on their credit cards has hit a new record high for a May month

The amount spent overseas by Kiwis on their credit cards has hit a new record high for a May month

Despite our export values in May exceeding the value of imports, the running annual deficit hit a new all-time high of over $17.1 billion

Despite our export values in May exceeding the value of imports, the running annual deficit hit a new all-time high of over $17.1 billion

Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle

Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle

David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023

David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023

Details of a complicated capital return plan involving both a share buyback and a share split have been sent to Fonterra shareholders

Details of a complicated capital return plan involving both a share buyback and a share split have been sent to Fonterra shareholders

BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates

BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates

Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000

Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000

ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s

ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s

Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching

Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching

David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen

David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen

ASB economists estimate higher interest rates have added an average of 60 cents per kilogram of milk solids to debt servicing costs for dairy farmers over the past year

ASB economists estimate higher interest rates have added an average of 60 cents per kilogram of milk solids to debt servicing costs for dairy farmers over the past year

Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big

Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big

Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year

Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year