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.
David Hargreaves
Latest articles
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
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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
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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
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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
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
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Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
13th Oct 22, 7:48am
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David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
Reserve Bank's advice to Finance Minister Grant Robertson is that current inflation targets remain - but targeting of house prices should be removed from the RBNZ Monetary Policy Committee's remit
12th Oct 22, 11:26am
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Reserve Bank's advice to Finance Minister Grant Robertson is that current inflation targets remain - but targeting of house prices should be removed from the RBNZ Monetary Policy Committee's remit
Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
11th Oct 22, 11:12am
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Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
10th Oct 22, 11:50am
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Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
10th Oct 22, 10:34am
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Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
6th Oct 22, 1:12pm
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David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
Reserve Bank has raised the Official Cash Rate to 3.5% - but gave serious consideration to a bigger hike
5th Oct 22, 2:03pm
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Reserve Bank has raised the Official Cash Rate to 3.5% - but gave serious consideration to a bigger hike
Analysts at Forsyth Barr say our national carrier might have its fourth-best ever result in the first half of the current financial year
4th Oct 22, 2:50pm
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Analysts at Forsyth Barr say our national carrier might have its fourth-best ever result in the first half of the current financial year
Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
4th Oct 22, 10:31am
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Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour
4th Oct 22, 5:00am
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Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour
The FMA says the over-65s withdrew nearly $2 billion from KiwiSaver accounts last year
4th Oct 22, 5:00am
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The FMA says the over-65s withdrew nearly $2 billion from KiwiSaver accounts last year
David Hargreaves surveys the inevitability of another 50 basis point rise to the Official Cash Rate in the coming week, with another 50-pointer to follow in November. The crystal ball's looking murkier by the minute for next year, however
2nd Oct 22, 6:00am
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David Hargreaves surveys the inevitability of another 50 basis point rise to the Official Cash Rate in the coming week, with another 50-pointer to follow in November. The crystal ball's looking murkier by the minute for next year, however
Latest ANZ Business Outlook Survey shows an overall lift in business sentiment - but activity indicators in residential construction have hit a fresh low
29th Sep 22, 1:30pm
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Latest ANZ Business Outlook Survey shows an overall lift in business sentiment - but activity indicators in residential construction have hit a fresh low
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
27th Sep 22, 3:29pm
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RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
BNZ economists warn of global recession and say the RBNZ should not be increasing its forecasts of how high the Official Cash Rate might go at this stage
27th Sep 22, 2:10pm
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BNZ economists warn of global recession and say the RBNZ should not be increasing its forecasts of how high the Official Cash Rate might go at this stage
RBNZ Governor says almost every currency in the world is currently declining against the US dollar
27th Sep 22, 10:35am
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RBNZ Governor says almost every currency in the world is currently declining against the US dollar
New NZCTU strategy paper also calls for creation of a new Kiwisaver provider
The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
22nd Sep 22, 10:00am
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The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
Fonterra reports 3% drop in after tax earnings to $583 million; retains forecast 2022/23 milk price range of $8.50–$10.00, with a midpoint of $9.25; will keep full ownership of Australian business
22nd Sep 22, 9:04am
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Fonterra reports 3% drop in after tax earnings to $583 million; retains forecast 2022/23 milk price range of $8.50–$10.00, with a midpoint of $9.25; will keep full ownership of Australian business
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
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ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
20th Sep 22, 12:11pm
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David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not