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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 5 months

Latest articles

Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
3rd Dec 24, 8:25am
64
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
2nd Dec 24, 2:29pm
21
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
15
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
28th Nov 24, 1:29pm
22
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
[updated]
Latest Statistics NZ figures show there are over 35,500 fewer filled jobs in the country than a year ago
28th Nov 24, 11:38am
26
Latest Statistics NZ figures show there are over 35,500 fewer filled jobs in the country than a year ago
Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
28th Nov 24, 9:02am
159
Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
[updated]
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
27th Nov 24, 2:09pm
170
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
24th Nov 24, 6:00am
88
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
20th Nov 24, 3:05pm
1
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'
20th Nov 24, 8:45am
111
Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'
Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
19th Nov 24, 3:35pm
27
Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
Activity levels in New Zealand's economic engine room remain at contractionary levels
18th Nov 24, 11:21am
3
Activity levels in New Zealand's economic engine room remain at contractionary levels
Fonterra chairman Peter McBride pushes the case with farmer-shareholders for why the co-operative wants to sell household name brands such as Anchor and Mainland
14th Nov 24, 2:07pm
12
Fonterra chairman Peter McBride pushes the case with farmer-shareholders for why the co-operative wants to sell household name brands such as Anchor and Mainland
[updated]
Statistics NZ's Selected Price Indexes show inflationary pressures are continuing to look subdued following the big rises of the past few years
14th Nov 24, 11:21am
27
Statistics NZ's Selected Price Indexes show inflationary pressures are continuing to look subdued following the big rises of the past few years
Latest quarterly Reserve Bank figures show the levels of new high debt-to-income borrowing are still well below the official limits that came into force in July this year
14th Nov 24, 10:35am
21
Latest quarterly Reserve Bank figures show the levels of new high debt-to-income borrowing are still well below the official limits that came into force in July this year
BNZ economists raise their forecast farmgate milk price to $9.75 on the back of buoyant global prices and a dip in the value of the NZ dollar
13th Nov 24, 2:52pm
7
BNZ economists raise their forecast farmgate milk price to $9.75 on the back of buoyant global prices and a dip in the value of the NZ dollar
Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
12th Nov 24, 11:20am
15
Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
12th Nov 24, 10:05am
9
Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
Influential RBNZ survey has perhaps surprisingly shown a small rise in the expectations of future inflation though most picks are still somewhere around the desired 2% level
11th Nov 24, 3:29pm
4
Influential RBNZ survey has perhaps surprisingly shown a small rise in the expectations of future inflation though most picks are still somewhere around the desired 2% level
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
11th Nov 24, 11:46am
20
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
Fonterra's now forecasting a potential record $9.50 farmgate milk price and says it will go ahead with plans to sell its consumer businesses including household name brands such as Anchor and Mainland
11th Nov 24, 9:32am
5
Fonterra's now forecasting a potential record $9.50 farmgate milk price and says it will go ahead with plans to sell its consumer businesses including household name brands such as Anchor and Mainland
[updated]
Newly released 2023 Census data shows that around one-in-16 houses in New Zealand are too small for the number of people living in them
7th Nov 24, 1:41pm
48
Newly released 2023 Census data shows that around one-in-16 houses in New Zealand are too small for the number of people living in them
[updated]
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
7th Nov 24, 10:10am
4
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
Latest Reserve Bank figures show six-month fixed rate terms maintaining their new found popularity - although there are signs of more variety in strategies being employed by the mortgage holders
5th Nov 24, 3:51pm
3
Latest Reserve Bank figures show six-month fixed rate terms maintaining their new found popularity - although there are signs of more variety in strategies being employed by the mortgage holders
Corporate advisers Northington Partners say Fonterra shareholders could reap as much as $2 per share in cash from a successful asset sell-off
5th Nov 24, 1:48pm
10
Corporate advisers Northington Partners say Fonterra shareholders could reap as much as $2 per share in cash from a successful asset sell-off