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.
David Hargreaves
Latest articles
David Hargreaves doesn't see anything to be too fearful of in the moves by Finance Minister Grant Robertson to get more hands-on with the Reserve Bank's lending restrictions
29th Apr 21, 8:08am
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David Hargreaves doesn't see anything to be too fearful of in the moves by Finance Minister Grant Robertson to get more hands-on with the Reserve Bank's lending restrictions
BNZ economists describe Govt plans to influence bank lending as a "surprise" but say judgement will have to wait until further details are revealed
27th Apr 21, 2:55pm
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BNZ economists describe Govt plans to influence bank lending as a "surprise" but say judgement will have to wait until further details are revealed
Westpac economists see buoyant dairy prices flowing through next season and have hiked their milk price forecast for next year by 75c to $8 per kilogram of milk solids
21st Apr 21, 3:50pm
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Westpac economists see buoyant dairy prices flowing through next season and have hiked their milk price forecast for next year by 75c to $8 per kilogram of milk solids
ANZ economists say after the recent housing policy changes by the Government there's a greater chance that interest rate increases could cause investors to sell up; RBNZ may wait too long to raise rates
21st Apr 21, 2:58pm
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ANZ economists say after the recent housing policy changes by the Government there's a greater chance that interest rate increases could cause investors to sell up; RBNZ may wait too long to raise rates
Statistics New Zealand says the Consumers Price Index rose 0.8% in the March quarter, giving annual inflation of 1.5%; result in line with market forecasts, though lower than the Reserve Bank expected
21st Apr 21, 11:13am
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Statistics New Zealand says the Consumers Price Index rose 0.8% in the March quarter, giving annual inflation of 1.5%; result in line with market forecasts, though lower than the Reserve Bank expected
Financial Markets Authority says advertising returns for the 12-month period to March 2021 could mislead investors - as it shows none of the severe February-March selloff in the markets last year but all of the subsequent recovery
21st Apr 21, 9:18am
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Financial Markets Authority says advertising returns for the 12-month period to March 2021 could mislead investors - as it shows none of the severe February-March selloff in the markets last year but all of the subsequent recovery
Kiwibank economists say housing supply should be able to meet demand by 2024 and we could even see an over-supply, leading to improved affordability; house price growth to fall to 1% by end of 2022
19th Apr 21, 3:33pm
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Kiwibank economists say housing supply should be able to meet demand by 2024 and we could even see an over-supply, leading to improved affordability; house price growth to fall to 1% by end of 2022
Economists see short term inflationary pressures due to one-off costs, but expect these to recede as the year goes on and see little imminent need for interest rate rises
19th Apr 21, 11:35am
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Economists see short term inflationary pressures due to one-off costs, but expect these to recede as the year goes on and see little imminent need for interest rate rises
US retail sales sizzle; American job claims plummet; Canada's economy struggling; UST 10yr at 1.55%; oil steady, gold up; NZ$1 = 71.7 USc; TWI-5 = 73.7
16th Apr 21, 7:20am
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US retail sales sizzle; American job claims plummet; Canada's economy struggling; UST 10yr at 1.55%; oil steady, gold up; NZ$1 = 71.7 USc; TWI-5 = 73.7
Fed says US recovery 'accelerated'; Powell says 'taper' will come before rate rises; Coinbase lists; UST 10yr at 1.64%; oil much firmer, gold down; NZ$1 = 71.5 USc; TWI-5 = 73.5
15th Apr 21, 7:20am
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Fed says US recovery 'accelerated'; Powell says 'taper' will come before rate rises; Coinbase lists; UST 10yr at 1.64%; oil much firmer, gold down; NZ$1 = 71.5 USc; TWI-5 = 73.5
US inflation surges; China's imports rise very strongly; Australian business conditions hit a high; UST 10yr at 1.63%; oil slightly firmer, gold up; NZ$1 = 70.5 USc; TWI-5 = 72.7
14th Apr 21, 7:20am
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US inflation surges; China's imports rise very strongly; Australian business conditions hit a high; UST 10yr at 1.63%; oil slightly firmer, gold up; NZ$1 = 70.5 USc; TWI-5 = 72.7
Latest NZIER Quarterly Survey of Business Opinion shows that supply chain disruptions 'are contributing to the intense cost pressures across most sectors'; inflation likely to rise
13th Apr 21, 10:23am
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Latest NZIER Quarterly Survey of Business Opinion shows that supply chain disruptions 'are contributing to the intense cost pressures across most sectors'; inflation likely to rise
Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
13th Apr 21, 8:31am
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Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
US inflation expectations up; Sharp rise in Canadian business sentiment; China corporate lending up; Japanese bank lending up; Japanese producer prices surge; UST 10yr at 1.67%; oil steady, gold down; NZ$1 = 70.3 USc; TWI-5 = 72.7
13th Apr 21, 7:20am
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US inflation expectations up; Sharp rise in Canadian business sentiment; China corporate lending up; Japanese bank lending up; Japanese producer prices surge; UST 10yr at 1.67%; oil steady, gold down; NZ$1 = 70.3 USc; TWI-5 = 72.7
Central banks wait; Alibaba slapped hard; US inflation pressures; Canada's housing worries; UST 10yr at 1.66%; oil unchanged; gold small gain; NZ$1 = 70.3 USc; TWI-5 = 72.7
12th Apr 21, 7:20am
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Central banks wait; Alibaba slapped hard; US inflation pressures; Canada's housing worries; UST 10yr at 1.66%; oil unchanged; gold small gain; NZ$1 = 70.3 USc; TWI-5 = 72.7
Westpac economists say landlords might be better off selling their property to the tenants rather than trying to push through large rent hikes
10th Apr 21, 10:00am
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Westpac economists say landlords might be better off selling their property to the tenants rather than trying to push through large rent hikes
US producer prices surge; Canada adds loads of jobs; More house price pressure; UST 10yr at 1.67%; oil steady, gold down; NZ$1 = 70.4 USc; TWI-5 = 72.8
10th Apr 21, 8:30am
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US producer prices surge; Canada adds loads of jobs; More house price pressure; UST 10yr at 1.67%; oil steady, gold down; NZ$1 = 70.4 USc; TWI-5 = 72.8
ANZ's Business Outlook Survey preliminary data for April show pricing expectations for NZ firms have hit a new high in a series that goes back nearly 30 years
8th Apr 21, 1:16pm
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ANZ's Business Outlook Survey preliminary data for April show pricing expectations for NZ firms have hit a new high in a series that goes back nearly 30 years
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
8th Apr 21, 11:46am
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Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
Surge in US credit; Record US trade deficit; Fed holds steady line; air cargo rebounds; China foreign reserves slip; UST 10yr at 1.65%; oil steady, gold lower; NZ$1 = 70.2 USc; TWI-5 = 72.6
8th Apr 21, 7:19am
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Surge in US credit; Record US trade deficit; Fed holds steady line; air cargo rebounds; China foreign reserves slip; UST 10yr at 1.65%; oil steady, gold lower; NZ$1 = 70.2 USc; TWI-5 = 72.6
ASB economists says rent controls benefit incumbent renters, regardless of their financial circumstances, but 'pretty much everyone else' bears costs
6th Apr 21, 1:23pm
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ASB economists says rent controls benefit incumbent renters, regardless of their financial circumstances, but 'pretty much everyone else' bears costs
David Hargreaves says the alarming rise in high debt-to-income ratio borrowing highlights why the Reserve Bank should be allowed to implement across-the-board DTI limits without any exceptions
4th Apr 21, 6:31am
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David Hargreaves says the alarming rise in high debt-to-income ratio borrowing highlights why the Reserve Bank should be allowed to implement across-the-board DTI limits without any exceptions
Latest figures from the Reserve Bank confirm the massive surge in house prices toward the end of last year saw buyers stretch themselves much further financially
31st Mar 21, 3:44pm
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Latest figures from the Reserve Bank confirm the massive surge in house prices toward the end of last year saw buyers stretch themselves much further financially
Transport Minister announces 'establishment unit' to 'progress this important city-shaping project'; concedes previous failed attempts to get project running didn't involve Aucklanders enough; decisions at end of this year
31st Mar 21, 3:00pm
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Transport Minister announces 'establishment unit' to 'progress this important city-shaping project'; concedes previous failed attempts to get project running didn't involve Aucklanders enough; decisions at end of this year
ANZ's Business Outlook Survey for March finds falling business confidence and activity outlooks, while cost pressures are still seen as building
31st Mar 21, 1:17pm
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ANZ's Business Outlook Survey for March finds falling business confidence and activity outlooks, while cost pressures are still seen as building