David Hargreaves

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

Immigration Minister Kris Faafoi says the new 'one-off' visa pathway will help retain the skills the country needs to support economic recovery

Immigration Minister Kris Faafoi says the new 'one-off' visa pathway will help retain the skills the country needs to support economic recovery

In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives

In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives

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

Independent economics researcher Capital Economics warns of potential further supply chain problems and inflationary pressures

Independent economics researcher Capital Economics warns of potential further supply chain problems and inflationary pressures

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

Government announces a suite of new policies for ongoing management of Covid in a $1.5 bln package

Government announces a suite of new policies for ongoing management of Covid in a $1.5 bln package

RBNZ says Westpac NZ has made progress 'but there is a lot more to do'

RBNZ says Westpac NZ has made progress 'but there is a lot more to do'

The housing market remains amazingly buoyant even as interest rates are getting cranked up

The housing market remains amazingly buoyant even as interest rates are getting cranked up

The Reserve Bank meets market expectations with a 25 basis point move in the OCR and by forecasting significant future rises

The Reserve Bank meets market expectations with a 25 basis point move in the OCR and by forecasting significant future rises

David Hargreaves crunches some facts and numbers and worries about what might be ahead in 2022

David Hargreaves crunches some facts and numbers and worries about what might be ahead in 2022

Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit

Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit

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

Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data

Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data

ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023

ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023

Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates

Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates

New Reserve Bank debt to income figures show the extent to which housing investors filled their boots during the low-interest, LVR-free days of last year and into this year

New Reserve Bank debt to income figures show the extent to which housing investors filled their boots during the low-interest, LVR-free days of last year and into this year

New figures show house buyers are still stretching themselves ever more as the RBNZ prepares to consult on possible DTI limits

New figures show house buyers are still stretching themselves ever more as the RBNZ prepares to consult on possible DTI limits

Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'

Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'

With the economic situation looking particularly tricky, David Hargreaves wonders if the Reserve Bank needs to give itself more options as it mulls the final interest rate review of the year

With the economic situation looking particularly tricky, David Hargreaves wonders if the Reserve Bank needs to give itself more options as it mulls the final interest rate review of the year

NZ's extremely high current levels of housing construction cannot be sustained without a large and sharp recovery in net migration over 2022 and 2023, ASB economists say

NZ's extremely high current levels of housing construction cannot be sustained without a large and sharp recovery in net migration over 2022 and 2023, ASB economists say

Preliminary ANZ Business Outlook Survey results for November saw business confidence fall and nearly all forward indicators ease

Preliminary ANZ Business Outlook Survey results for November saw business confidence fall and nearly all forward indicators ease