David Hargreaves

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

Fonterra has made some late tweaks to its capital restructuring proposals; needs to 'keep working' with Govt on what changes may mean to Dairy Industry Restructuring Act

Fonterra has made some late tweaks to its capital restructuring proposals; needs to 'keep working' with Govt on what changes may mean to Dairy Industry Restructuring Act

Gloom and doom predictions about the house market last year couldn't have been more wrong - but now the rising interest rates provide a new risk of an entirely different nature

Gloom and doom predictions about the house market last year couldn't have been more wrong - but now the rising interest rates provide a new risk of an entirely different nature

The Government will pay up to 90% of losses on festivals that are cancelled

The Government will pay up to 90% of losses on festivals that are cancelled

BNZ economists say the single biggest uncertainty facing the economy over the next twelve months is how business and consumer sentiment responds to endemic Covid

BNZ economists say the single biggest uncertainty facing the economy over the next twelve months is how business and consumer sentiment responds to endemic Covid

Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle

Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle

Productivity Commission says NZ governments need to - ahead of time - build the assets and infrastructure that are required to prepare for and support a growing population

Productivity Commission says NZ governments need to - ahead of time - build the assets and infrastructure that are required to prepare for and support a growing population