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.
David Hargreaves
Latest articles
The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
2nd Jun 22, 9:32am
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The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
[updated]
Reserve Bank issues discussion document seeking views on how the guiding rules for its Monetary Policy Committee should or shouldn't be changed; appears keen to remove direct reference to house prices
1st Jun 22, 9:32am
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Reserve Bank issues discussion document seeking views on how the guiding rules for its Monetary Policy Committee should or shouldn't be changed; appears keen to remove direct reference to house prices
Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
31st May 22, 3:31pm
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Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
[updated]
The downbeat results from the ANZ Business Outlook survey suggest that the RBNZ may have to rethink its OCR hiking plan, according to BNZ economists
31st May 22, 1:24pm
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The downbeat results from the ANZ Business Outlook survey suggest that the RBNZ may have to rethink its OCR hiking plan, according to BNZ economists
Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
31st May 22, 11:20am
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Independent global economic researcher Capital Economics is forecasting a 75-point reduction in the OCR in the second half of 2023 as house prices hit the bottom of the RBNZ's 'sustainable' range
In its final report on an inquiry into New Zealand long term immigration settings, the Productivity Commission recommends abolishing the category of 'permanent resident'
31st May 22, 12:01am
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In its final report on an inquiry into New Zealand long term immigration settings, the Productivity Commission recommends abolishing the category of 'permanent resident'
The Government is pledging to make supermarkets do wholesale deals with their competitors and is 'looking at' how to implement compulsory unit pricing on grocery products
30th May 22, 3:00pm
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The Government is pledging to make supermarkets do wholesale deals with their competitors and is 'looking at' how to implement compulsory unit pricing on grocery products
Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
26th May 22, 2:06pm
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Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates
26th May 22, 12:29pm
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RBNZ Governor takes heart from NZ's full employment levels as the country braces itself for higher interest rates
Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price
26th May 22, 8:50am
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Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price
Adrian Orr concedes the RBNZ is risking doing too much too soon with its OCR hikes - rather than risking too little too late
25th May 22, 5:06pm
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Adrian Orr concedes the RBNZ is risking doing too much too soon with its OCR hikes - rather than risking too little too late
[updated]
Reserve Bank sees OCR being as high as 3.9% by June next year
NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
24th May 22, 12:17pm
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NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'
24th May 22, 10:32am
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Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'
Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast
23rd May 22, 3:03pm
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Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast
Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
23rd May 22, 11:27am
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Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
IMF says New Zealand house prices have increased by almost four times the average increase across OECD countries since 1998
16th May 22, 10:11am
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IMF says New Zealand house prices have increased by almost four times the average increase across OECD countries since 1998
Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time
12th May 22, 3:21pm
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Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
12th May 22, 11:14am
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Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
Finance Minister believes NZ is in a strong position to weather the current global storms
12th May 22, 9:23am
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Finance Minister believes NZ is in a strong position to weather the current global storms
BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse
11th May 22, 1:30pm
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BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse
David Hargreaves examines the Reserve Bank's view of where house prices need to be and concludes that for many people, houses will never be 'affordable' again
10th May 22, 2:24pm
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David Hargreaves examines the Reserve Bank's view of where house prices need to be and concludes that for many people, houses will never be 'affordable' again
The Government has indicated it might consider being more prescriptive with controlling supermarket prices than was recently recommended by the Commerce Commission
10th May 22, 9:55am
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The Government has indicated it might consider being more prescriptive with controlling supermarket prices than was recently recommended by the Commerce Commission
Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record
9th May 22, 9:01am
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Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record
A review of things you need to know before you go home on Thursday; No mortgage moves, ICBC and SBS increase TD rates, Crown finances beat forecasts, job ads still strong, Fed sends swaps into reverse and stocks into forward gear, Kiwi dollar mixed
5th May 22, 3:59pm
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A review of things you need to know before you go home on Thursday; No mortgage moves, ICBC and SBS increase TD rates, Crown finances beat forecasts, job ads still strong, Fed sends swaps into reverse and stocks into forward gear, Kiwi dollar mixed