David Hargreaves

Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations

Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by the smallest amount in five years last month

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by the smallest amount in five years last month

Ports of Auckland has sailed into the red in the latest financial year thanks to its axed automated container terminal project

Ports of Auckland has sailed into the red in the latest financial year thanks to its axed automated container terminal project

Latest ANZ Business Outlook Survey shows a lift in business sentiment - but inflation indicators remain 'far too high'

Latest ANZ Business Outlook Survey shows a lift in business sentiment - but inflation indicators remain 'far too high'

'It’s the biggest real house price downturn we’ve had since the 1970s'

'It’s the biggest real house price downturn we’ve had since the 1970s'

Kiwibank economists believe that fixed mortgage rates have peaked

Kiwibank economists believe that fixed mortgage rates have peaked

Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year

Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year

RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014

RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014

Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too

Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too

Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery

Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery

Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year

Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year

RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December

RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December

Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth

Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth

Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios

Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios

Crown to buy out NZ Super, NZ Post and ACC in a transaction that values Kiwibank's parent company at $2.1 billion; NZ Super had wanted option of private sector investment in the bank

Crown to buy out NZ Super, NZ Post and ACC in a transaction that values Kiwibank's parent company at $2.1 billion; NZ Super had wanted option of private sector investment in the bank

Reserve Bank defends use of quantitative easing, saying it did so because it was 'constrained' from taking the Official Cash Rate into the negatives

Reserve Bank defends use of quantitative easing, saying it did so because it was 'constrained' from taking the Official Cash Rate into the negatives

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