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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

12 years 11 months

Latest articles

The Auckland port has ditched the troubled six-year project to automate its container terminal
8th Jun 22, 2:15pm
28
The Auckland port has ditched the troubled six-year project to automate its container terminal
Finance Minister is 'confident about the resilience' of the New Zealand economy, but warns supply chain issues could persist into next year
8th Jun 22, 1:40pm
56
Finance Minister is 'confident about the resilience' of the New Zealand economy, but warns supply chain issues could persist into next year
Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares
8th Jun 22, 9:45am
10
Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares
The RBA has thrown markets a curve ball with a rate rise bigger than anybody predicted
7th Jun 22, 4:39pm
38
The RBA has thrown markets a curve ball with a rate rise bigger than anybody predicted
Four different portraits have appeared on our banknotes, and five different effigies (images) of the Queen have been used on our coins
7th Jun 22, 1:32pm
3
Four different portraits have appeared on our banknotes, and five different effigies (images) of the Queen have been used on our coins
Job adverts continue to rise - but the number of people applying for each job continues to fall
7th Jun 22, 11:15am
27
Job adverts continue to rise - but the number of people applying for each job continues to fall
David Hargreaves looks at curious developments in the way the paths of potential interest rate rises are crossing the paths of potential inflation - and causing very real mortgage pain
3rd Jun 22, 8:30am
134
David Hargreaves looks at curious developments in the way the paths of potential interest rate rises are crossing the paths of potential inflation - and causing very real mortgage pain
The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
2nd Jun 22, 9:32am
4
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
53
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
3
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
57
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
172
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
77
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
47
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
44
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
35
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
11
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
119
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
25th May 22, 2:09pm
170
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
56
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
6
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
128
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
60
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
164
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
34
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