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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 9 months

Latest articles

The economy grew for the second successive quarter following the sharp contraction seen during last year
19th Jun 25, 10:51am
9
The economy grew for the second successive quarter following the sharp contraction seen during last year
The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?
18th Jun 25, 11:37am
8
The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?
The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting
18th Jun 25, 11:13am
The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting
After difficulties pulling together census information from poor response rates in each of the last two nationwide surveys, Stats NZ will now compile the required information annually based on a smaller survey and already collected data
18th Jun 25, 10:00am
11
After difficulties pulling together census information from poor response rates in each of the last two nationwide surveys, Stats NZ will now compile the required information annually based on a smaller survey and already collected data
BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'
17th Jun 25, 2:08pm
11
BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'
[updated]
Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range
17th Jun 25, 11:26am
11
Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range
Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession
16th Jun 25, 10:56am
13
Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession
The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', Kiwibank economists say
16th Jun 25, 8:36am
4
The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', Kiwibank economists say
The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter
15th Jun 25, 6:30am
32
The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter
[updated]
Electronic cards data for May shows that even after excluding the impact of falling petrol prices, core retail sales fell again; 'spending has effectively been tracking sideways despite falls in petrol prices'
12th Jun 25, 11:34am
6
Electronic cards data for May shows that even after excluding the impact of falling petrol prices, core retail sales fell again; 'spending has effectively been tracking sideways despite falls in petrol prices'
David Hargreaves says with the 20th year anniversary of KiwiSaver coming up, it's time to take a long hard look at what the scheme is and what it could be - otherwise we risk spoiling it
11th Jun 25, 9:30am
12
David Hargreaves says with the 20th year anniversary of KiwiSaver coming up, it's time to take a long hard look at what the scheme is and what it could be - otherwise we risk spoiling it
Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
5th Jun 25, 3:53pm
1
Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
BNZ economists note Fonterra's new season milk price forecast has the widest range ever, reflecting 'considerable uncertainty around the outlook'
4th Jun 25, 2:52pm
BNZ economists note Fonterra's new season milk price forecast has the widest range ever, reflecting 'considerable uncertainty around the outlook'
Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say
4th Jun 25, 2:04pm
3
Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say
Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
4th Jun 25, 2:00pm
14
Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
[updated]
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
29th May 25, 1:24pm
ANZ chief economist says the economy is recovering but firms are still finding it difficult to pass cost increases through to prices; this is an environment 'in which the RBNZ can support growth'
Dairy giant Fonterra has made a strong opening farmgate milk price forecast for the season that's about to start, while firming up expectations of earnings for the current financial year of about 70 cents per share
29th May 25, 9:19am
1
Dairy giant Fonterra has made a strong opening farmgate milk price forecast for the season that's about to start, while firming up expectations of earnings for the current financial year of about 70 cents per share
Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
28th May 25, 2:16pm
13
Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down
28th May 25, 11:21am
5
Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down
Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
27th May 25, 1:15pm
1
Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
25th May 25, 6:00am
27
The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
21st May 25, 3:43pm
4
The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
Bumper exports of dairy, meat, fruit and wood have driven a record monthly goods trade surplus of over $1.4 billion in April
21st May 25, 11:43am
22
Bumper exports of dairy, meat, fruit and wood have driven a record monthly goods trade surplus of over $1.4 billion in April
[updated]
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
20th May 25, 9:35am
4
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
The services sector again contracted slightly in the last month and is 'a long way from being back to full health'
19th May 25, 10:57am
3
The services sector again contracted slightly in the last month and is 'a long way from being back to full health'