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David Hargreaves

About

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.

Member for

13 years 2 months

Latest articles

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
6th Sep 22, 9:38am
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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
6th Sep 22, 9:00am
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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 
5th Sep 22, 11:45am
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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
1st Sep 22, 5:00am
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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
31st Aug 22, 3:28pm
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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
31st Aug 22, 2:07pm
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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'
31st Aug 22, 1:27pm
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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'
30th Aug 22, 2:51pm
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'It’s the biggest real house price downturn we’ve had since the 1970s'
Kiwibank economists believe that fixed mortgage rates have peaked
29th Aug 22, 2:04pm
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Kiwibank economists believe that fixed mortgage rates have peaked
Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year
25th Aug 22, 12:59pm
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Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year
RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014
24th Aug 22, 3:39pm
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RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014
Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
24th Aug 22, 12:13pm
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Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery
24th Aug 22, 11:29am
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Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery
Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year
24th Aug 22, 9:14am
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Reserve Bank Assistant Governor Karen Silk says decisions on the desired 'neutral' level for interest rates aren't likely to be made till next year
RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
23rd Aug 22, 2:00pm
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RBNZ expects the FLP, through which banks have already borrowed $12.6 billion, will be further utilised before it closes off in December
Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
23rd Aug 22, 9:42am
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Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios
23rd Aug 22, 8:11am
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Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios
Crown to buy out NZ Super, NZ Post and ACC in a transaction that values Kiwibank's parent company at $2.1 billion; NZ Super had wanted option of private sector investment in the bank
22nd Aug 22, 8:00am
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Crown to buy out NZ Super, NZ Post and ACC in a transaction that values Kiwibank's parent company at $2.1 billion; NZ Super had wanted option of private sector investment in the bank
Reserve Bank defends use of quantitative easing, saying it did so because it was 'constrained' from taking the Official Cash Rate into the negatives
18th Aug 22, 9:19am
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Reserve Bank defends use of quantitative easing, saying it did so because it was 'constrained' from taking the Official Cash Rate into the negatives
Reserve Bank now forecasts a slightly higher peak for the Official Cash Rate of over 4% by June next year
17th Aug 22, 2:12pm
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Reserve Bank now forecasts a slightly higher peak for the Official Cash Rate of over 4% by June next year
Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits
17th Aug 22, 9:27am
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Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits
David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
17th Aug 22, 8:00am
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David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
15th Aug 22, 10:09am
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New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
With financial markets increasingly expecting interest rates might ease next year, the Reserve Bank may well deliver a strongly 'hawkish' message next week to the effect that now is not the time to ease up on inflation
14th Aug 22, 8:02am
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With financial markets increasingly expecting interest rates might ease next year, the Reserve Bank may well deliver a strongly 'hawkish' message next week to the effect that now is not the time to ease up on inflation
a2 shares slump about 10% after the company says the US Food and Drug Administration has deferred a2's application to import infant milk formula products into the US
10th Aug 22, 11:13am
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a2 shares slump about 10% after the company says the US Food and Drug Administration has deferred a2's application to import infant milk formula products into the US