David Hargreaves

Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'

Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'

Latest Reserve Bank Financial Stability Report says continued decline in house prices 'remains desirable' for long term financial stability

Latest Reserve Bank Financial Stability Report says continued decline in house prices 'remains desirable' for long term financial stability

We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead

We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago

David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation

David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation

RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017

RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017

Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries

Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries

Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again

Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again

Statistics New Zealand says annual inflation for households was 7.7% in the year to September, fueled by housing and food costs

Statistics New Zealand says annual inflation for households was 7.7% in the year to September, fueled by housing and food costs

Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%

Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%

Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end

Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end

Statistics New Zealand says a migration loss contributed to a net growth of just 0.2% in the population in the year to June, while the natural population increase of 24,100 was the lowest since World War II

Statistics New Zealand says a migration loss contributed to a net growth of just 0.2% in the population in the year to June, while the natural population increase of 24,100 was the lowest since World War II

Reserve Bank exploring the 'expected significant resources' required to establish and operate a depositor compensation scheme for New Zealand

Reserve Bank exploring the 'expected significant resources' required to establish and operate a depositor compensation scheme for New Zealand

Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again

Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again

Seven property investment firms issued with warnings by FMA

Seven property investment firms issued with warnings by FMA

David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test

David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test

Searing domestic inflation has the financial markets now picking a 75-point rise to the Official Cash Rate from the Reserve Bank next month and a peak OCR of over 5%

Searing domestic inflation has the financial markets now picking a 75-point rise to the Official Cash Rate from the Reserve Bank next month and a peak OCR of over 5%

ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking

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

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

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

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

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

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

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

Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago