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.
The Covid Alert Level split between Auckland and the rest of NZ could see delays and shortages of goods in some parts of the country, Westpac economists say
The Covid Alert Level split between Auckland and the rest of NZ could see delays and shortages of goods in some parts of the country, Westpac economists say
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
a2 Milk Company remains 'confident in the underlying fundamentals' of its business after seeing profits slashed by nearly 80% in the latest financial year
a2 Milk Company remains 'confident in the underlying fundamentals' of its business after seeing profits slashed by nearly 80% in the latest financial year
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
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
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 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
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
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'
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'
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
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
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
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