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.
Mercury says it will have about 780,000 connections across both energy and telco services once the acquisition of the Trustpower assets has been completed
Mercury says it will have about 780,000 connections across both energy and telco services once the acquisition of the Trustpower assets has been completed
ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
Research commissioned by the Financial Markets Authority shows large numbers of people who switched to low risk funds at the peak of market volatility have not returned to high growth funds
Research commissioned by the Financial Markets Authority shows large numbers of people who switched to low risk funds at the peak of market volatility have not returned to high growth funds
The Reserve Bank does seem set to get a debt-to-income ratio measure in its macro-prudential toolkit - but at a much higher level than it earlier contemplated
The Reserve Bank does seem set to get a debt-to-income ratio measure in its macro-prudential toolkit - but at a much higher level than it earlier contemplated
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
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'
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'
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
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
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
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
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
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
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