A senior journalist and news editor with interest.co.nz, David Hargreaves has covered financial markets and economics both in New Zealand and Britain for longer than he cares to mention.
Air New Zealand has reworked the terms of its financial support package from the Govt, including reduction in the amount of borrowing by $500 mln, but a new issue of redeemable shares up to $1 bln
Air New Zealand has reworked the terms of its financial support package from the Govt, including reduction in the amount of borrowing by $500 mln, but a new issue of redeemable shares up to $1 bln
John Shewan says it is 'disappointing' the shareholders fund's argument that it should be bought back by Fonterra has not been accepted and he says buying the fund back would be a logical and timely solution
John Shewan says it is 'disappointing' the shareholders fund's argument that it should be bought back by Fonterra has not been accepted and he says buying the fund back would be a logical and timely solution
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
The old favourites - Covid, closed borders and hot houses - ruled the year again. But Covid got much more up close and personal, and there's a menacing 'new', but familiar-looking, kid in town. David Hargreaves shares his views on the year that was
The old favourites - Covid, closed borders and hot houses - ruled the year again. But Covid got much more up close and personal, and there's a menacing 'new', but familiar-looking, kid in town. David Hargreaves shares his views on the year that was
The Government says its $37.5 mln package for Auckland will 'help revive economic, social and cultural activities in our largest city over summer, and ensure those in hardship also get relief'
The Government says its $37.5 mln package for Auckland will 'help revive economic, social and cultural activities in our largest city over summer, and ensure those in hardship also get relief'
More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty
More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty
The RBNZ’s message to financial markets was that, 'yes – interest rates do need to go up, but how high remains uncertain so don’t get too far ahead of yourselves', ASB economists say
The RBNZ’s message to financial markets was that, 'yes – interest rates do need to go up, but how high remains uncertain so don’t get too far ahead of yourselves', ASB economists say
Report ordered by the Government finds that the power cuts on one of the coldest nights of the year 'need not have happened' as there was enough load to keep the lights on
Report ordered by the Government finds that the power cuts on one of the coldest nights of the year 'need not have happened' as there was enough load to keep the lights on
BNZ economists anticipate ongoing interest rate increases and constrained household spending; a recession is 'possible' but not their 'central scenario' barring an external shock
BNZ economists anticipate ongoing interest rate increases and constrained household spending; a recession is 'possible' but not their 'central scenario' barring an external shock
Refining NZ say work 'well advanced' to prepare the Marsden Point site to operate as an import-terminal and to plan for the safe shutdown and decommissioning of the refinery
Refining NZ say work 'well advanced' to prepare the Marsden Point site to operate as an import-terminal and to plan for the safe shutdown and decommissioning of the refinery
The RBNZ's own much-watched Survey of Expectations shows that inflation's expected to be around 3% in two years time; survey results may spark increased speculation of a 50 basis point lift to the Official Cash Rate next week
The RBNZ's own much-watched Survey of Expectations shows that inflation's expected to be around 3% in two years time; survey results may spark increased speculation of a 50 basis point lift to the Official Cash Rate next week