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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 6 months

Latest articles

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
56
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
The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
12th Aug 21, 3:10pm
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The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
David Hargreaves looks at some of the options in the long-running saga that has been the Reserve Bank's quest for a debt-to-income measure for the housing market
11th Aug 21, 12:11pm
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David Hargreaves looks at some of the options in the long-running saga that has been the Reserve Bank's quest for a debt-to-income measure for the housing market
Reserve Bank has formally warned the New Zealand branch of Westpac for failing to report 'prescribed transactions' as required by the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
11th Aug 21, 9:44am
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Reserve Bank has formally warned the New Zealand branch of Westpac for failing to report 'prescribed transactions' as required by the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
Moves to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer are now taking effect
10th Aug 21, 8:55am
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Moves to make wholesale fuel prices more transparent, supplier/distributor contracts fairer, and retail premium petrol prices clearer are now taking effect
ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'
9th Aug 21, 12:56pm
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ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'
The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
9th Aug 21, 10:29am
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The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
The extraordinary resurgence of the New Zealand economy will require a very measured approach from our central bank
5th Aug 21, 3:04pm
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The extraordinary resurgence of the New Zealand economy will require a very measured approach from our central bank
Westpac economists trim their forecast for the milk price payout this season and say the outlook in global markets remains uncertain
5th Aug 21, 9:13am
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Westpac economists trim their forecast for the milk price payout this season and say the outlook in global markets remains uncertain
Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
4th Aug 21, 11:01am
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Statistics New Zealand says unemployment dropped in the June quarter to 4.0% from 4.6% in March, 'underutilisation' also dropped sharply, seemingly pointing the way for Reserve Bank interest rate increases
Air New Zealand now expects to lose up to $530 mln in the 2022 year, on top of about $450 mln in the financial year just gone - and it will need to tap more into the Govt's standby loan facility
4th Aug 21, 9:07am
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Air New Zealand now expects to lose up to $530 mln in the 2022 year, on top of about $450 mln in the financial year just gone - and it will need to tap more into the Govt's standby loan facility
The Reserve Bank's announcement of new more punitive measures against the housing market takes some pressure off it to be the first cab off the rank in terms of hiking interest rates
3rd Aug 21, 2:40pm
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The Reserve Bank's announcement of new more punitive measures against the housing market takes some pressure off it to be the first cab off the rank in terms of hiking interest rates
Govt signs off on DTI measures, which will be implemented; RBNZ also to tighten LVR rules from October; RBNZ says it 'hasn't seen sufficient reduction in risky lending'
3rd Aug 21, 9:25am
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Govt signs off on DTI measures, which will be implemented; RBNZ also to tighten LVR rules from October; RBNZ says it 'hasn't seen sufficient reduction in risky lending'
Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages
2nd Aug 21, 9:07am
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Economists see June quarter labour market figures portraying an increasingly tight jobs market and with upward pressure on wages