sign up log in
Want to go ad-free? Find out how, here.

David Hargreaves

About

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.

Member for

12 years 6 months

Latest articles

David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
9th Nov 22, 11:07am
43
David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
8th Nov 22, 3:23pm
101
Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
Finance Minister Grant Robertson says he's 'pleased' to reappoint Adrian Orr as Governor of the Reserve Bank for another term, effective from March next year; National Party says it's 'appalled'
8th Nov 22, 8:52am
129
Finance Minister Grant Robertson says he's 'pleased' to reappoint Adrian Orr as Governor of the Reserve Bank for another term, effective from March next year; National Party says it's 'appalled'
Reserve Bank Governor offers advice on how debt-stressed customers can deal with their banks and says our banks have 'no appetite' to take back houses they have loaned on
3rd Nov 22, 2:22pm
74
Reserve Bank Governor offers advice on how debt-stressed customers can deal with their banks and says our banks have 'no appetite' to take back houses they have loaned on
a2 shares jump about 7% after the company says the US Food and Drug Administration has approved a2's application to send infant milk formula products into the US
3rd Nov 22, 11:24am
3
a2 shares jump about 7% after the company says the US Food and Drug Administration has approved a2's application to send infant milk formula products into the US
[updated]
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
2nd Nov 22, 11:00am
178
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
[updated]
Latest Reserve Bank Financial Stability Report says continued decline in house prices 'remains desirable' for long term financial stability
2nd Nov 22, 9:12am
91
Latest Reserve Bank Financial Stability Report says continued decline in house prices 'remains desirable' for long term financial stability
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
2nd Nov 22, 8:06am
37
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
31st Oct 22, 3:44pm
8
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
30th Oct 22, 6:00am
104
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
27th Oct 22, 3:38pm
15
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
27th Oct 22, 10:21am
43
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
26th Oct 22, 1:33pm
60
Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
Statistics New Zealand says annual inflation for households was 7.7% in the year to September, fueled by housing and food costs
26th Oct 22, 11:37am
21
Statistics New Zealand says annual inflation for households was 7.7% in the year to September, fueled by housing and food costs
Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
26th Oct 22, 10:38am
36
Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
25th Oct 22, 2:55pm
43
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
Statistics New Zealand says a migration loss contributed to a net growth of just 0.2% in the population in the year to June, while the natural population increase of 24,100 was the lowest since World War II
25th Oct 22, 11:26am
107
Statistics New Zealand says a migration loss contributed to a net growth of just 0.2% in the population in the year to June, while the natural population increase of 24,100 was the lowest since World War II
Reserve Bank exploring the 'expected significant resources' required to establish and operate a depositor compensation scheme for New Zealand
21st Oct 22, 10:36am
25
Reserve Bank exploring the 'expected significant resources' required to establish and operate a depositor compensation scheme for New Zealand
Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again
20th Oct 22, 11:40am
103
Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again
Seven property investment firms issued with warnings by FMA
20th Oct 22, 10:04am
4
Seven property investment firms issued with warnings by FMA
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
19th Oct 22, 2:01pm
64
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
[updated]
Searing domestic inflation has the financial markets now picking a 75-point rise to the Official Cash Rate from the Reserve Bank next month and a peak OCR of over 5%
18th Oct 22, 11:01am
270
Searing domestic inflation has the financial markets now picking a 75-point rise to the Official Cash Rate from the Reserve Bank next month and a peak OCR of over 5%
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
17th Oct 22, 2:23pm
110
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
Annual inflation figures out in the coming week are widely expected to drop from the 32-year highs seen in the June quarter - but that won't necessarily be a cause of huge comfort
16th Oct 22, 6:00am
111
Annual inflation figures out in the coming week are widely expected to drop from the 32-year highs seen in the June quarter - but that won't necessarily be a cause of huge comfort
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
13th Oct 22, 2:03pm
20
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months