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 looks to the second half of the year and beyond with a mixture of hope and trepidation
15th Jun 21, 2:40pm
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David Hargreaves looks to the second half of the year and beyond with a mixture of hope and trepidation
Economists have been upwardly adjusting their economic forecasts in recent days in the face of stronger-than-expected data and the major bank economists now see first quarter GDP producing a positive figure - IE economic growth
14th Jun 21, 9:57am
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Economists have been upwardly adjusting their economic forecasts in recent days in the face of stronger-than-expected data and the major bank economists now see first quarter GDP producing a positive figure - IE economic growth
BNZ economists now expect a 0.8% rise in GDP for the March quarter against the Reserve Bank's expectation of a -0.6% fall. They currently forecast inflation of 3% 'but evidence is gathering to move this higher'
10th Jun 21, 11:27am
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BNZ economists now expect a 0.8% rise in GDP for the March quarter against the Reserve Bank's expectation of a -0.6% fall. They currently forecast inflation of 3% 'but evidence is gathering to move this higher'
The Government has extended work visas for 10,000 people already in the New Zealand and will allow 200 more dairy workers and 50 vets into the country
10th Jun 21, 8:31am
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The Government has extended work visas for 10,000 people already in the New Zealand and will allow 200 more dairy workers and 50 vets into the country
Economists at the country's biggest mortgage lender suggest borrowers consider fixing 'at least a portion' of their mortgages for longer terms
9th Jun 21, 3:18pm
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Economists at the country's biggest mortgage lender suggest borrowers consider fixing 'at least a portion' of their mortgages for longer terms
Covid-19 Response Minister Chris Hipkins says the country now has enough freezers to store four million doses of vaccine at any one time
9th Jun 21, 1:57pm
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Covid-19 Response Minister Chris Hipkins says the country now has enough freezers to store four million doses of vaccine at any one time
Latest ANZ Business Outlook Survey shows an unprecedented net 85.6% of businesses expect higher costs ahead
9th Jun 21, 1:26pm
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Latest ANZ Business Outlook Survey shows an unprecedented net 85.6% of businesses expect higher costs ahead
Latest BNZ/SEEK employment report shows job ads at a fresh record high in May
Covid-19 Response Minister Chris Hipkins says the vaccination programme for the wider population is 'on track'
8th Jun 21, 4:01pm
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Covid-19 Response Minister Chris Hipkins says the vaccination programme for the wider population is 'on track'
Westpac economists say the Government's current fiscal stance may be far less stimulatory than was portrayed in the Budget
8th Jun 21, 2:49pm
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Westpac economists say the Government's current fiscal stance may be far less stimulatory than was portrayed in the Budget
Deutsche Bank economists say policy makers could be facing their most challenging time in about 40 years
8th Jun 21, 12:41pm
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Deutsche Bank economists say policy makers could be facing their most challenging time in about 40 years
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
8th Jun 21, 11:09am
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Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
SkyCity says Australian regulator Austrac has identified 'potential serious non-compliance' with money laundering and counter-terrorism financing rules at SkyCity's Adelaide Casino
8th Jun 21, 9:21am
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SkyCity says Australian regulator Austrac has identified 'potential serious non-compliance' with money laundering and counter-terrorism financing rules at SkyCity's Adelaide Casino
A crunch of bank lending figures over the past 20 years shows an ever increasing share of bank-borrowed money is going into houses rather than businesses or agriculture
3rd Jun 21, 8:00am
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A crunch of bank lending figures over the past 20 years shows an ever increasing share of bank-borrowed money is going into houses rather than businesses or agriculture
Kiwibank economists, who are forecasting a first Official Cash Rate rise in May next year, now see a 'risk' of three rate hikes in 2022
1st Jun 21, 1:26pm
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Kiwibank economists, who are forecasting a first Official Cash Rate rise in May next year, now see a 'risk' of three rate hikes in 2022
The surge in mortgage borrowing in the second half of 2020 saw annual growth in the total amount of mortgages outstanding in New Zealand top 11% - the highest figure since March 2008
31st May 21, 3:46pm
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The surge in mortgage borrowing in the second half of 2020 saw annual growth in the total amount of mortgages outstanding in New Zealand top 11% - the highest figure since March 2008
Latest ANZ Business Outlook Survey shows the New Zealand economy is struggling to keep up with demand, and cost and inflation pressures continue to build
31st May 21, 1:25pm
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Latest ANZ Business Outlook Survey shows the New Zealand economy is struggling to keep up with demand, and cost and inflation pressures continue to build
The Reserve Bank has provided the 'Go' signal for financial markets to start pushing up interest rates and the Kiwi dollar
27th May 21, 2:47pm
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The Reserve Bank has provided the 'Go' signal for financial markets to start pushing up interest rates and the Kiwi dollar
New Zealand headquartered maker of breathing equipment Fisher & Paykel Healthcare has seen extraordinary demand for its products as Covid has swept the globe
27th May 21, 9:30am
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New Zealand headquartered maker of breathing equipment Fisher & Paykel Healthcare has seen extraordinary demand for its products as Covid has swept the globe
April mortgage borrowing has slowed, but is still running at historically high levels; first home buyers have strongly increased their share of the borrowing, while investor figures are down
26th May 21, 3:26pm
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April mortgage borrowing has slowed, but is still running at historically high levels; first home buyers have strongly increased their share of the borrowing, while investor figures are down
RBNZ leaves monetary policy settings unchanged, but reintroduces forward interest rate forecasts suggesting a first Official Cash Rate rise in the second-half of 2022; Kiwi dollar jumps
26th May 21, 2:07pm
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RBNZ leaves monetary policy settings unchanged, but reintroduces forward interest rate forecasts suggesting a first Official Cash Rate rise in the second-half of 2022; Kiwi dollar jumps
Westpac senior agri economist Nathan Penny says Fonterra's reduction of milk price forecast for the current season is 'anticlimactic'
26th May 21, 11:00am
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Westpac senior agri economist Nathan Penny says Fonterra's reduction of milk price forecast for the current season is 'anticlimactic'
Fonterra has trimmed its milk price forecast for the current season slightly and sees 'significant pressure on earnings' in the last quarter of the financial year
26th May 21, 9:05am
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Fonterra has trimmed its milk price forecast for the current season slightly and sees 'significant pressure on earnings' in the last quarter of the financial year
David Hargreaves doubts any NZ Government will resolve the vexed migration issue till it first forms a proper population policy
25th May 21, 2:44pm
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David Hargreaves doubts any NZ Government will resolve the vexed migration issue till it first forms a proper population policy
Super-strong retail sales figures for the March quarter have got economists rethinking their thoughts that the country is experiencing a 'double dip' recession
25th May 21, 11:10am
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Super-strong retail sales figures for the March quarter have got economists rethinking their thoughts that the country is experiencing a 'double dip' recession