David Hargreaves

Collapse in residential construction sentiment highlights another gloomy ANZ Business Outlook Survey

Collapse in residential construction sentiment highlights another gloomy ANZ Business Outlook Survey

RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013

RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013

Statistics New Zealand says the highest spending households are more affected by the rising mortgage rates

Statistics New Zealand says the highest spending households are more affected by the rising mortgage rates

BNZ economists see unemployment rate falling further and say unless there are soon signs 'the worm is turning' the RBNZ will have to contemplate 'a more aggressive interest rate track'

BNZ economists see unemployment rate falling further and say unless there are soon signs 'the worm is turning' the RBNZ will have to contemplate 'a more aggressive interest rate track'

Capital Economics says several central banks around the globe will have to reverse course as their countries' economies either enter recession or teeter on the edge of it

Capital Economics says several central banks around the globe will have to reverse course as their countries' economies either enter recession or teeter on the edge of it

As our Official Cash Rate is being increased at never-before-seen speed, David Hargreaves tries to make sense of it all and the potential repercussions

As our Official Cash Rate is being increased at never-before-seen speed, David Hargreaves tries to make sense of it all and the potential repercussions

The surprisingly high inflation figure revealed this week has put the focus very firmly on some forthcoming economic events

The surprisingly high inflation figure revealed this week has put the focus very firmly on some forthcoming economic events

ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer

ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer

Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast

Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast

Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak

Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak

Statistics New Zealand says household net worth has fallen for the first time in nearly three years, while Kiwis have been spending nearly every dollar of their income

Statistics New Zealand says household net worth has fallen for the first time in nearly three years, while Kiwis have been spending nearly every dollar of their income

Reserve Bank makes it three in a row for 50 point OCR hikes; says it is 'resolute' in commitment to getting inflation down

Reserve Bank makes it three in a row for 50 point OCR hikes; says it is 'resolute' in commitment to getting inflation down

David Hargreaves attempts to caution us against talking ourselves into a lingering economic downturn

David Hargreaves attempts to caution us against talking ourselves into a lingering economic downturn

Statistics New Zealand says retail spending - excluding fuel - dropped by 0.3% in June

Statistics New Zealand says retail spending - excluding fuel - dropped by 0.3% in June

Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions

Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions

A third consecutive 50 point rise taking the Official Cash Rate to 2.5% is universally expected. The focus will be on any clues the Reserve Bank gives on what it might do next

A third consecutive 50 point rise taking the Official Cash Rate to 2.5% is universally expected. The focus will be on any clues the Reserve Bank gives on what it might do next

ANZ economists say rising wages and strong savings should prevent consumer spending falling rapidly though they do think consumption growth 'will slow to a crawl' from the second half of the year

ANZ economists say rising wages and strong savings should prevent consumer spending falling rapidly though they do think consumption growth 'will slow to a crawl' from the second half of the year

Sharp falls in job ads in property-related industries see BNZ/SEEK Employment Report record 2.7% fall in overall job adverts last month, down from the record high level in May

Sharp falls in job ads in property-related industries see BNZ/SEEK Employment Report record 2.7% fall in overall job adverts last month, down from the record high level in May

The latest research series from the RBNZ highlights just how urgent it is that we avoid the toxic combination of fast rising population, masses of cheap debt and constrained housing supply in future, David Hargreaves says

The latest research series from the RBNZ highlights just how urgent it is that we avoid the toxic combination of fast rising population, masses of cheap debt and constrained housing supply in future, David Hargreaves says

ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure

ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure

Kiwibank economists say the Reserve Bank may soften its tone around the outlook, acknowledging the waning strength in forward economic activity indicators

Kiwibank economists say the Reserve Bank may soften its tone around the outlook, acknowledging the waning strength in forward economic activity indicators

RBNZ research and modelling shows that actual housing allocations in New Zealand household balance sheets could have been even higher than already-large present levels

RBNZ research and modelling shows that actual housing allocations in New Zealand household balance sheets could have been even higher than already-large present levels

RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices

RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices

ANZ economists say firms are increasingly pessimistic about the outlook for activity and profitability; cost and inflation pressures remain high; profit expectations have sagged to low levels similar to those seen after the GFC

ANZ economists say firms are increasingly pessimistic about the outlook for activity and profitability; cost and inflation pressures remain high; profit expectations have sagged to low levels similar to those seen after the GFC

RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing

RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing