David Hargreaves

ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band

ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band

Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle

Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle

BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising

BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike

Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years

Latest ANZ Business Outlook Survey shows some further improvement in activity indicators - but inflation expectations 'remain stuck around 6%'

Latest ANZ Business Outlook Survey shows some further improvement in activity indicators - but inflation expectations 'remain stuck around 6%'

Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis

Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis

'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'

'People who took out high leveraged loans in the 2020-21 period will be facing very high interest servicing costs'; RBNZ says gap between mortgage and deposit interest rates 'more extreme over recent times'

The Reserve Bank says while there are early signs of demand easing it continues to outpace supply, as reflected in strong domestic inflation; sees recent storm damage adding 0.3 percentage points to inflation in the March and June 2023 quarters

The Reserve Bank says while there are early signs of demand easing it continues to outpace supply, as reflected in strong domestic inflation; sees recent storm damage adding 0.3 percentage points to inflation in the March and June 2023 quarters

A review of things you need to know before you sign off on Tuesday; more TD changes, new Govt cyclone committee, Mercury sets hydro record, the cyclone woe mounts up, swaps higher again, NZD slightly stronger, & more

A review of things you need to know before you sign off on Tuesday; more TD changes, new Govt cyclone committee, Mercury sets hydro record, the cyclone woe mounts up, swaps higher again, NZD slightly stronger, & more

A review of things you need to know before you sign off on Monday; some TD changes, annual deaths spike by 10%, a lot of corporate profit news some good some not, more cyclone impacts, swaps mixed, NZD still soft, & more

A review of things you need to know before you sign off on Monday; some TD changes, annual deaths spike by 10%, a lot of corporate profit news some good some not, more cyclone impacts, swaps mixed, NZD still soft, & more

Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income

Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review, the first for three months, and one that will see the RBNZ probably juggling between either a large, or extra-large OCR hike. But what about the weather?

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review, the first for three months, and one that will see the RBNZ probably juggling between either a large, or extra-large OCR hike. But what about the weather?

Kiwibank economists believe the Reserve Bank should hold fire with any increase of the Official Cash Rate while the country deals with the impact of Cyclone Gabrielle

Kiwibank economists believe the Reserve Bank should hold fire with any increase of the Official Cash Rate while the country deals with the impact of Cyclone Gabrielle

'There comes a time when such restraint is no longer necessary. We are definitely approaching that time,' says BNZ head of research

'There comes a time when such restraint is no longer necessary. We are definitely approaching that time,' says BNZ head of research

Retirement village operator Ryman says it has higher debt than it is comfortable with in current market conditions and is seeking to pay some down with money raised from shareholders

Retirement village operator Ryman says it has higher debt than it is comfortable with in current market conditions and is seeking to pay some down with money raised from shareholders

Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025

Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025

Stats NZ says food prices were up 10.3% in the year to January 2023 - which is down on the 32-year high increase of 11.3% seen as at December

Stats NZ says food prices were up 10.3% in the year to January 2023 - which is down on the 32-year high increase of 11.3% seen as at December

The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again

The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again

Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows

Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows

David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment

David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment

David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates

David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates

Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs

Statistics New Zealand says annual inflation for households was 8.2% in the year to December 2022, fueled by housing, food and transport costs

Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call

Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call