David Hargreaves

ANZ economists say rising wages and strong savings should prevent consumer spending falling rapidly though they do think consumption growth 'will slow to a crawl' from the second half of the year

ANZ economists say rising wages and strong savings should prevent consumer spending falling rapidly though they do think consumption growth 'will slow to a crawl' from the second half of the year

Sharp falls in job ads in property-related industries see BNZ/SEEK Employment Report record 2.7% fall in overall job adverts last month, down from the record high level in May

Sharp falls in job ads in property-related industries see BNZ/SEEK Employment Report record 2.7% fall in overall job adverts last month, down from the record high level in May

The latest research series from the RBNZ highlights just how urgent it is that we avoid the toxic combination of fast rising population, masses of cheap debt and constrained housing supply in future, David Hargreaves says

The latest research series from the RBNZ highlights just how urgent it is that we avoid the toxic combination of fast rising population, masses of cheap debt and constrained housing supply in future, David Hargreaves says

ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure

ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure

Kiwibank economists say the Reserve Bank may soften its tone around the outlook, acknowledging the waning strength in forward economic activity indicators

Kiwibank economists say the Reserve Bank may soften its tone around the outlook, acknowledging the waning strength in forward economic activity indicators

RBNZ research and modelling shows that actual housing allocations in New Zealand household balance sheets could have been even higher than already-large present levels

RBNZ research and modelling shows that actual housing allocations in New Zealand household balance sheets could have been even higher than already-large present levels

RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices

RBNZ research shows higher population growth & larger drops in mortgage rates in NZ than most comparable countries, and the biggest rise in house prices

ANZ economists say firms are increasingly pessimistic about the outlook for activity and profitability; cost and inflation pressures remain high; profit expectations have sagged to low levels similar to those seen after the GFC

ANZ economists say firms are increasingly pessimistic about the outlook for activity and profitability; cost and inflation pressures remain high; profit expectations have sagged to low levels similar to those seen after the GFC

RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing

RBNZ chief economist Paul Conway says there are reasons to think that some of the core market fundamentals that determine sustainable house prices may also be changing

It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%

It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%

Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits

Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits

Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month

Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month

Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers

Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers

ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'

ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'

Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again

Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again

David Hargreaves thinks surveys might be a more useful indicator of trends ahead than we might sometimes give them credit for - but fears we may 'survey ourselves to death' as a potential recession approaches

David Hargreaves thinks surveys might be a more useful indicator of trends ahead than we might sometimes give them credit for - but fears we may 'survey ourselves to death' as a potential recession approaches

Peter Goodfellow has announced he won't seek re-election at the National Party's annual conference in August

Peter Goodfellow has announced he won't seek re-election at the National Party's annual conference in August

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Fletcher Building says residential 'backlog' will support robust market volumes for next 12-18 months; plasterboard shortage to end by October

Fletcher Building says residential 'backlog' will support robust market volumes for next 12-18 months; plasterboard shortage to end by October

As the world faces the prospect of recession, David Hargreaves sifts through the events of the past two years in an attempt to put things in perspective

As the world faces the prospect of recession, David Hargreaves sifts through the events of the past two years in an attempt to put things in perspective

Westpac McDermott Miller Confidence survey at lowest level ever as pessimism bites in NZ

Westpac McDermott Miller Confidence survey at lowest level ever as pessimism bites in NZ

ANZ economists have changed their call and now see the Reserve Bank making another two double-jumps in the OCR at the next two reviews; not ruling out 75 point hike in July

ANZ economists have changed their call and now see the Reserve Bank making another two double-jumps in the OCR at the next two reviews; not ruling out 75 point hike in July

The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth

The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth

FMA survey shows 1-in-10 Kiwis holding crypto assets, while direct share investment is now more popular than term deposits

FMA survey shows 1-in-10 Kiwis holding crypto assets, while direct share investment is now more popular than term deposits