David Hargreaves

The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions

The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions

We appear to be making all the same mistakes that led to the previous housing crisis. David Hargreaves says it's not a case of if we have another crisis, but when...

We appear to be making all the same mistakes that led to the previous housing crisis. David Hargreaves says it's not a case of if we have another crisis, but when...

New research for the Reserve Bank has floated the idea of explicitly targeting interest rates against house prices. David Hargreaves says in our housing-obsessed country, surely it is time to consider such an approach

New research for the Reserve Bank has floated the idea of explicitly targeting interest rates against house prices. David Hargreaves says in our housing-obsessed country, surely it is time to consider such an approach

Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says

Food prices were up 12.1% in the year to March 2023 - which is the highest annual rate of increase seen since 1989; Kiwis 'crushed at the checkout', National's Willis says

New inflation figures out in the coming week are likely to show us having an annual rate of inflation in excess of 7% for the fourth consecutive quarter - but will there be signs that we can expect prices to start easing soon?

New inflation figures out in the coming week are likely to show us having an annual rate of inflation in excess of 7% for the fourth consecutive quarter - but will there be signs that we can expect prices to start easing soon?

New research for the Reserve Bank says if central banks had mandates to prevent unsustainably high house prices they would likely find interest rate changes more effective than macroprudential tools, such as LVR limits, to achieve this goal

New research for the Reserve Bank says if central banks had mandates to prevent unsustainably high house prices they would likely find interest rate changes more effective than macroprudential tools, such as LVR limits, to achieve this goal

The banks are demonstrating that they won't hike interest rates just because the Reserve Bank would like them to - so it might be better for the RBNZ to adopt more of a waiting game

The banks are demonstrating that they won't hike interest rates just because the Reserve Bank would like them to - so it might be better for the RBNZ to adopt more of a waiting game

The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled

The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled

Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending

Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending

BNZ's head of research says the RBNZ should have opted for a smaller Official Cash Rate rise and caution that further rate rises might be needed; approach taken 'will most definitely generate heightened volatility'

BNZ's head of research says the RBNZ should have opted for a smaller Official Cash Rate rise and caution that further rate rises might be needed; approach taken 'will most definitely generate heightened volatility'

The Reserve Bank has double-pumped the Official Cash Rate with its surprise 50 basis point hike in an effort to blindside the markets. But is it now going to run out of ammo?

The Reserve Bank has double-pumped the Official Cash Rate with its surprise 50 basis point hike in an effort to blindside the markets. But is it now going to run out of ammo?

Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake

Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake

The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs

The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs

In its interim response to the Productivity Commission's immigration inquiry the Government agrees mostly with the commission's recommendations - but has kicked to touch the idea of ending Permanent Resident visas for new residents

In its interim response to the Productivity Commission's immigration inquiry the Government agrees mostly with the commission's recommendations - but has kicked to touch the idea of ending Permanent Resident visas for new residents

Fonterra revises down its milk price forecast for the second time in little over a month - to an implied price of $8.30 - which is now some $1.20 lower than forecasts earlier in the season

Fonterra revises down its milk price forecast for the second time in little over a month - to an implied price of $8.30 - which is now some $1.20 lower than forecasts earlier in the season

David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years

David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years

ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band

ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band

Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle

Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle

BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising

BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years

Latest ANZ Business Outlook Survey shows some further improvement in activity indicators - but inflation expectations 'remain stuck around 6%'

Latest ANZ Business Outlook Survey shows some further improvement in activity indicators - but inflation expectations 'remain stuck around 6%'

Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis

Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis

'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'

'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'