David Hargreaves

Reserve Bank now forecasts a slightly higher peak for the Official Cash Rate of over 4% by June next year

Reserve Bank now forecasts a slightly higher peak for the Official Cash Rate of over 4% by June next year

Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits

Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits

David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms

David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms

New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates

New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates

With financial markets increasingly expecting interest rates might ease next year, the Reserve Bank may well deliver a strongly 'hawkish' message next week to the effect that now is not the time to ease up on inflation

With financial markets increasingly expecting interest rates might ease next year, the Reserve Bank may well deliver a strongly 'hawkish' message next week to the effect that now is not the time to ease up on inflation

a2 shares slump about 10% after the company says the US Food and Drug Administration has deferred a2's application to import infant milk formula products into the US

a2 shares slump about 10% after the company says the US Food and Drug Administration has deferred a2's application to import infant milk formula products into the US

David Hargreaves has a crunch of inflation expectations in which he points out that getting people to predict what they think inflation will be in future is not about whether they can pick a correct number or not

David Hargreaves has a crunch of inflation expectations in which he points out that getting people to predict what they think inflation will be in future is not about whether they can pick a correct number or not

BNZ economists say one of the tricky aspects facing the RBNZ is the 'market' desire to price in interest rate cuts next year

BNZ economists say one of the tricky aspects facing the RBNZ is the 'market' desire to price in interest rate cuts next year

Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week

Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week

Westpac economists think NZ is finding where the unemployment floor lies, with no net growth in Job numbers and all of the heat in labour market coming through in pay rates

Westpac economists think NZ is finding where the unemployment floor lies, with no net growth in Job numbers and all of the heat in labour market coming through in pay rates

Latest labour market data showing 'severe capacity constraints and intensifying wage pressures' prompt change of view and perceived need for the Reserve Bank to do a little more against inflation

Latest labour market data showing 'severe capacity constraints and intensifying wage pressures' prompt change of view and perceived need for the Reserve Bank to do a little more against inflation

The apparently contradictory nature of the latest labour market figures - showing rising unemployment, but very fast-rising wages - gives the RBNZ a whole lot to think about as it ponders its next Official Cash Rate review

The apparently contradictory nature of the latest labour market figures - showing rising unemployment, but very fast-rising wages - gives the RBNZ a whole lot to think about as it ponders its next Official Cash Rate review

Statistics New Zealand says the unemployment rate has risen to 3.3% from 3.2%, while private sector hourly wages have risen 7%

Statistics New Zealand says the unemployment rate has risen to 3.3% from 3.2%, while private sector hourly wages have risen 7%

David Hargreaves bemoans the lack of foresight of NZ governments - which is about to be demonstrated again with a forthcoming downturn in housing construction

David Hargreaves bemoans the lack of foresight of NZ governments - which is about to be demonstrated again with a forthcoming downturn in housing construction

David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade

David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade

Collapse in residential construction sentiment highlights another gloomy ANZ Business Outlook Survey

Collapse in residential construction sentiment highlights another gloomy ANZ Business Outlook Survey

RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013

RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013

Statistics New Zealand says the highest spending households are more affected by the rising mortgage rates

Statistics New Zealand says the highest spending households are more affected by the rising mortgage rates

BNZ economists see unemployment rate falling further and say unless there are soon signs 'the worm is turning' the RBNZ will have to contemplate 'a more aggressive interest rate track'

BNZ economists see unemployment rate falling further and say unless there are soon signs 'the worm is turning' the RBNZ will have to contemplate 'a more aggressive interest rate track'

Capital Economics says several central banks around the globe will have to reverse course as their countries' economies either enter recession or teeter on the edge of it

Capital Economics says several central banks around the globe will have to reverse course as their countries' economies either enter recession or teeter on the edge of it

As our Official Cash Rate is being increased at never-before-seen speed, David Hargreaves tries to make sense of it all and the potential repercussions

As our Official Cash Rate is being increased at never-before-seen speed, David Hargreaves tries to make sense of it all and the potential repercussions

The surprisingly high inflation figure revealed this week has put the focus very firmly on some forthcoming economic events

The surprisingly high inflation figure revealed this week has put the focus very firmly on some forthcoming economic events

ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer

ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer

Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast

Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast

Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak

Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak