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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

9 years

Latest articles

The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
31st Aug 21, 3:48pm
The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
31st Aug 21, 2:27pm
The level 4 lockdown last year was followed by a 30% rocketing of house prices. This year's won't be
The latest ANZ Business Outlook Survey shows an 'encouragingly robust' early response to the new lockdown from businesses
31st Aug 21, 1:28pm
The latest ANZ Business Outlook Survey shows an 'encouragingly robust' early response to the new lockdown from businesses
Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging
30th Aug 21, 3:49pm
Given the 'massive divergence' currently between the US Fed and our RBNZ, Kiwibank economists see the Kiwi dollar surging
Monday's Covid-19 update: 53 new cases in the community; now 37 in hospital, including five in ICU
30th Aug 21, 1:28pm
Monday's Covid-19 update: 53 new cases in the community; now 37 in hospital, including five in ICU
a2 Milk Company remains 'confident in the underlying fundamentals' of its business after seeing profits slashed by nearly 80% in the latest financial year
26th Aug 21, 10:31am
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a2 Milk Company remains 'confident in the underlying fundamentals' of its business after seeing profits slashed by nearly 80% in the latest financial year
Air New Zealand cites uncertainty around the current lockdown as it reports pre-tax losses of $440 million for the financial year to June 2021
26th Aug 21, 9:22am
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Air New Zealand cites uncertainty around the current lockdown as it reports pre-tax losses of $440 million for the financial year to June 2021
Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months
25th Aug 21, 3:27pm
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Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months
Another 62 community Covid-19 cases reported taking the total to 210 - 12 of those are in Wellington and the rest Auckland
25th Aug 21, 1:16pm
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Another 62 community Covid-19 cases reported taking the total to 210 - 12 of those are in Wellington and the rest Auckland
Heartland Bank saw a 43% rise in reverse mortgage loan repayments in the past year as customers took advantage of the roaring house market to sell up and pocket gains
25th Aug 21, 10:00am
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Heartland Bank saw a 43% rise in reverse mortgage loan repayments in the past year as customers took advantage of the roaring house market to sell up and pocket gains
Heartland Group is shooting for a profit of between $93 mln and $96 mln in the coming year as it looks to extend its reach through digital platforms
24th Aug 21, 9:57am
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Heartland Group is shooting for a profit of between $93 mln and $96 mln in the coming year as it looks to extend its reach through digital platforms
NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
23rd Aug 21, 2:43pm
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NZ-based economists still think as long as the Covid outbreak here can be contained reasonably quickly, interest rates will still go up this year - but one international economics firm reckons hikes are off till May next year now
The case against ANZ by investors in Ross Asset Management, who were claiming in excess of $50 million against the bank has ended in a confidential 'agreed settlement'
23rd Aug 21, 1:57pm
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The case against ANZ by investors in Ross Asset Management, who were claiming in excess of $50 million against the bank has ended in a confidential 'agreed settlement'
Community Covid cluster rapidly grows to 107 ahead of a Government decision that seems certain to extend the lockdown period
23rd Aug 21, 1:30pm
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Community Covid cluster rapidly grows to 107 ahead of a Government decision that seems certain to extend the lockdown period
The Auckland-based non-bank deposit taker FE Investments, which went under last year owing investors $55 mln, may face action from the liquidators
23rd Aug 21, 9:54am
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The Auckland-based non-bank deposit taker FE Investments, which went under last year owing investors $55 mln, may face action from the liquidators
David Hargreaves looks at some of the issues ahead - particularly for first home buyers - as the Reserve Bank mulls tighter lending rules by October this year
22nd Aug 21, 6:01am
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David Hargreaves looks at some of the issues ahead - particularly for first home buyers - as the Reserve Bank mulls tighter lending rules by October this year
Auckland community Covid-19 cluster rises to 21 with 11 new cases in past 24 hours; Outbreak now believed to have stemmed from an arrival from Sydney on August 7
19th Aug 21, 1:37pm
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Auckland community Covid-19 cluster rises to 21 with 11 new cases in past 24 hours; Outbreak now believed to have stemmed from an arrival from Sydney on August 7
David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
19th Aug 21, 10:09am
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David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
The Reserve Bank now believes house prices are likely to fall right through from 2022 to 2024; says current prices are unsustainable
18th Aug 21, 4:17pm
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The Reserve Bank now believes house prices are likely to fall right through from 2022 to 2024; says current prices are unsustainable
Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
18th Aug 21, 2:07pm
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Reserve Bank decides to leave the Official Cash Rate unchanged due to the uncertainty the new outbreak of Covid brings
Fletcher Building's NZ residential construction business enjoyed a whopping 141% rise, helping drive a turnaround for the company from a loss to a $305 mln profit
18th Aug 21, 9:01am
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Fletcher Building's NZ residential construction business enjoyed a whopping 141% rise, helping drive a turnaround for the company from a loss to a $305 mln profit
Jarden analysts calculate about $350 mln to $500 mln of Air New Zealand's $1.5 bln Govt loan facility may be left by the time the airline undertakes a capital raising next year
17th Aug 21, 1:27pm
Jarden analysts calculate about $350 mln to $500 mln of Air New Zealand's $1.5 bln Govt loan facility may be left by the time the airline undertakes a capital raising next year
ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
16th Aug 21, 2:49pm
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ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
RBNZ survey of households finds expectations of higher house prices have actually increased, while mortgage holders are far less worried about meeting payments than renters
16th Aug 21, 11:01am
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RBNZ survey of households finds expectations of higher house prices have actually increased, while mortgage holders are far less worried about meeting payments than renters
As the Reserve Bank ponders the likely introduction next year of measures to limit high debt-to-income lending, latest figures show Kiwis - particularly first home buyers - are continuing to stretch themselves further and further to buy houses
12th Aug 21, 3:46pm
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As the Reserve Bank ponders the likely introduction next year of measures to limit high debt-to-income lending, latest figures show Kiwis - particularly first home buyers - are continuing to stretch themselves further and further to buy houses