David Hargreaves

The downbeat results from the ANZ Business Outlook survey suggest that the RBNZ may have to rethink its OCR hiking plan, according to BNZ economists

The downbeat results from the ANZ Business Outlook survey suggest that the RBNZ may have to rethink its OCR hiking plan, according to BNZ economists

Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range

Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range

In its final report on an inquiry into New Zealand long term immigration settings, the Productivity Commission recommends abolishing the category of 'permanent resident'

In its final report on an inquiry into New Zealand long term immigration settings, the Productivity Commission recommends abolishing the category of 'permanent resident'

The Government is pledging to make supermarkets do wholesale deals with their competitors and is 'looking at' how to implement compulsory unit pricing on grocery products

The Government is pledging to make supermarkets do wholesale deals with their competitors and is 'looking at' how to implement compulsory unit pricing on grocery products

Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow

Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow

RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates

RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Adrian Orr concedes the RBNZ is risking doing too much too soon with its OCR hikes - rather than risking too little too late

Adrian Orr concedes the RBNZ is risking doing too much too soon with its OCR hikes - rather than risking too little too late

Reserve Bank sees OCR being as high as 3.9% by June next year

Reserve Bank sees OCR being as high as 3.9% by June next year

NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments

NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments

Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'

Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'

Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast

Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast

Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels

Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels

IMF says New Zealand house prices have increased by almost four times the average increase across OECD countries since 1998

IMF says New Zealand house prices have increased by almost four times the average increase across OECD countries since 1998

Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time

Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time

Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact

Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact

Finance Minister believes NZ is in a strong position to weather the current global storms

Finance Minister believes NZ is in a strong position to weather the current global storms

BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse

BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse

David Hargreaves examines the Reserve Bank's view of where house prices need to be and concludes that for many people, houses will never be 'affordable' again

David Hargreaves examines the Reserve Bank's view of where house prices need to be and concludes that for many people, houses will never be 'affordable' again

The Government has indicated it might consider being more prescriptive with controlling supermarket prices than was recently recommended by the Commerce Commission

The Government has indicated it might consider being more prescriptive with controlling supermarket prices than was recently recommended by the Commerce Commission

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

A review of things you need to know before you go home on Thursday; No mortgage moves, ICBC and SBS increase TD rates, Crown finances beat forecasts, job ads still strong, Fed sends swaps into reverse and stocks into forward gear, Kiwi dollar mixed

A review of things you need to know before you go home on Thursday; No mortgage moves, ICBC and SBS increase TD rates, Crown finances beat forecasts, job ads still strong, Fed sends swaps into reverse and stocks into forward gear, Kiwi dollar mixed

Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs

Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs

A review of things you need to know before you go home on Wednesday; TSB moves on mortgages and TDs, ASB ups its mortgage servicing test rate, hospitality sector rebounds, Westpac trims milk price forecast, swaps fire up again, Kiwi dollar drops - again

A review of things you need to know before you go home on Wednesday; TSB moves on mortgages and TDs, ASB ups its mortgage servicing test rate, hospitality sector rebounds, Westpac trims milk price forecast, swaps fire up again, Kiwi dollar drops - again

Statistics New Zealand says private sector wage costs rose 3.1% in the past year

Statistics New Zealand says private sector wage costs rose 3.1% in the past year