David Hargreaves

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

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

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

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

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

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

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

David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not

Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter

Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter

Statistics New Zealand reports that the country's annual current account deficit was 7.7% of GDP for the June quarter, just short of the record high 7.8% during the 2008 Global Financial Crisis

Statistics New Zealand reports that the country's annual current account deficit was 7.7% of GDP for the June quarter, just short of the record high 7.8% during the 2008 Global Financial Crisis

The fund established to help out with NZ future pension requirements is confident its performance will not be affected by the drive to more sustainable investment

The fund established to help out with NZ future pension requirements is confident its performance will not be affected by the drive to more sustainable investment

BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts

BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts

The fund established to help out with NZ future pension requirements was hit by turbulent global markets in the past year, but swam strongly against the tide despite the fund dropping $3.3 billion in value

The fund established to help out with NZ future pension requirements was hit by turbulent global markets in the past year, but swam strongly against the tide despite the fund dropping $3.3 billion in value

Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic

Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic

QV says the average NZ home value dropped 5.5% in the three months to August; 'There's no immediate sign of things getting better'; 'We’re starting to see some pretty significant value reductions now'; Auckland house values drop $743 per day since January

QV says the average NZ home value dropped 5.5% in the three months to August; 'There's no immediate sign of things getting better'; 'We’re starting to see some pretty significant value reductions now'; Auckland house values drop $743 per day since January

David Hargreaves wonders what the proposed endgame is after the Government takes full direct control of Kiwibank

David Hargreaves wonders what the proposed endgame is after the Government takes full direct control of Kiwibank

ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'

ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'

Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say

Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say

David Hargreaves has a dive into the latest monthly mortgage figures, which show a market that has gone from raging hot to freezing cold in a very short space of time

David Hargreaves has a dive into the latest monthly mortgage figures, which show a market that has gone from raging hot to freezing cold in a very short space of time

Westpac economists say an 'abundant' supply of housing in Auckland would help to stem the 'exodus' from the city and bring demand and supply back towards balance 

Westpac economists say an 'abundant' supply of housing in Auckland would help to stem the 'exodus' from the city and bring demand and supply back towards balance 

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