David Hargreaves

Statistics New Zealand says the Consumers Price Index rose 1.3% in June quarter, a rise which is far more than economists expected; August 18 RBNZ rate hike now seems a done deal

Statistics New Zealand says the Consumers Price Index rose 1.3% in June quarter, a rise which is far more than economists expected; August 18 RBNZ rate hike now seems a done deal

The Reserve Bank has swapped its dove clothes for hawkish attire - while we will all now be watching economic data like hawks over the next few weeks to see if the RBNZ is likely to kick off Official Cash Rate hikes as soon as August

The Reserve Bank has swapped its dove clothes for hawkish attire - while we will all now be watching economic data like hawks over the next few weeks to see if the RBNZ is likely to kick off Official Cash Rate hikes as soon as August

Figures out this week are expected to show our inflation at near 10-year highs - but the key unanswered question is whether inflation will dwindle of its own accord, or need a push from higher interest rates

Figures out this week are expected to show our inflation at near 10-year highs - but the key unanswered question is whether inflation will dwindle of its own accord, or need a push from higher interest rates

The Government is putting $136 mln into a scheme that it says will create capacity for 2000 new houses in Porirua and create up to 250 jobs

The Government is putting $136 mln into a scheme that it says will create capacity for 2000 new houses in Porirua and create up to 250 jobs

It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs

It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs

Experts on NZIER's 'Shadow Board' are looking for signals from the Reserve Bank about ending its bond buying programme - as well as when interest rates may be raised

Experts on NZIER's 'Shadow Board' are looking for signals from the Reserve Bank about ending its bond buying programme - as well as when interest rates may be raised

Kiwis now seem to be unloading some of the partly enforced savings they made last year - and that might not be helping an economy that's starting to overheat

Kiwis now seem to be unloading some of the partly enforced savings they made last year - and that might not be helping an economy that's starting to overheat

Economists with global researcher Capital Economics expect the first generation of Central Bank Digital Currencies will be designed to have as little impact on the existing financial system as possible

Economists with global researcher Capital Economics expect the first generation of Central Bank Digital Currencies will be designed to have as little impact on the existing financial system as possible

Economists at the four biggest banks now all see the Reserve Bank starting to hike interest rates in November

Economists at the four biggest banks now all see the Reserve Bank starting to hike interest rates in November

David Hargreaves is not envying the tough decisions the Reserve Bank has to make ahead of its Monetary Policy Review next week

David Hargreaves is not envying the tough decisions the Reserve Bank has to make ahead of its Monetary Policy Review next week

ASB and BNZ tip imminent interest rate rise after NZIER latest Quarterly Survey of Business Opinion shows worst ever shortage of labour, while inflation pressures are continuing to mount

ASB and BNZ tip imminent interest rate rise after NZIER latest Quarterly Survey of Business Opinion shows worst ever shortage of labour, while inflation pressures are continuing to mount

Kiwibank economists say there's mounting pressure on mortgage rates to be 'adjusted higher', while they believe the likes of retailers will be more easily able to pass on price rises in the current environment

Kiwibank economists say there's mounting pressure on mortgage rates to be 'adjusted higher', while they believe the likes of retailers will be more easily able to pass on price rises in the current environment

Shareholders in NZ's only oil refinery will vote next month on plans to turn it into an import-only facility by the middle of next year; the move's expected to cost in excess of $350 million

Shareholders in NZ's only oil refinery will vote next month on plans to turn it into an import-only facility by the middle of next year; the move's expected to cost in excess of $350 million

BDO tax specialists say new tax rules around residential property investment 'could result in tax paid on what would ordinarily be an economic loss'

BDO tax specialists say new tax rules around residential property investment 'could result in tax paid on what would ordinarily be an economic loss'

As the labour market continues to produce positive surprises, ANZ economists have tweaked their forecasts and now see unemployment going under 4%

As the labour market continues to produce positive surprises, ANZ economists have tweaked their forecasts and now see unemployment going under 4%

The recent surge in mortgage borrowing has seen the country have the highest annual growth in outstanding mortgage money since February 2008; the recent strong growth in savings is starting to reverse

The recent surge in mortgage borrowing has seen the country have the highest annual growth in outstanding mortgage money since February 2008; the recent strong growth in savings is starting to reverse

Latest ANZ Business Outlook Survey shows businesses see inflation rising well above the Reserve Bank's targeted 2% in the next 12 months

Latest ANZ Business Outlook Survey shows businesses see inflation rising well above the Reserve Bank's targeted 2% in the next 12 months

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure

ANZ economists say that 'in the short run' the main impact of net immigration on the NZ economy is through the housing market

ANZ economists say that 'in the short run' the main impact of net immigration on the NZ economy is through the housing market

ASB economists say even though debt burdens have increased, households should be able to tolerate reasonable increases in mortgage rates without budgets becoming unduly stressed

ASB economists say even though debt burdens have increased, households should be able to tolerate reasonable increases in mortgage rates without budgets becoming unduly stressed

ANZ economists say the economy is running so hot the Reserve Bank's 'path of least regret' is morphing into tightening monetary policy sooner 'to head off excesses'

ANZ economists say the economy is running so hot the Reserve Bank's 'path of least regret' is morphing into tightening monetary policy sooner 'to head off excesses'

Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country

Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country

Kiwis have poured over $40 billion worth of mortgage money into the stratospheric housing market so far this year

Kiwis have poured over $40 billion worth of mortgage money into the stratospheric housing market so far this year

David Hargreaves says some of the measures put in place to stymie the current hot housing market may prove to be a long-term drag on the market

David Hargreaves says some of the measures put in place to stymie the current hot housing market may prove to be a long-term drag on the market

Covid Response Minister Chris Hipkins says Wellington will be at Alert Level 2 till at least the end of Sunday following the visit from Sydney of a positive Covid case

Covid Response Minister Chris Hipkins says Wellington will be at Alert Level 2 till at least the end of Sunday following the visit from Sydney of a positive Covid case