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David Hargreaves

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.

Member for

12 years 7 months

Latest articles

Economists see the housing changes announced by the Government as having a chilling effect on investor demand and acting as a significant drag on house price growth
23rd Mar 21, 2:57pm
114
Economists see the housing changes announced by the Government as having a chilling effect on investor demand and acting as a significant drag on house price growth
David Hargreaves says the Government's plan to directly fund housing infrastructure is great - but as ever with this government, the policy will stand or fall on whether the government can deliver, and its previous form is not good
23rd Mar 21, 11:07am
34
David Hargreaves says the Government's plan to directly fund housing infrastructure is great - but as ever with this government, the policy will stand or fall on whether the government can deliver, and its previous form is not good
Kiwibank economists say housing changes to be announced this week 'do have the scope' to cool the housing market but won't address the clear lack of affordable homes
22nd Mar 21, 12:02pm
118
Kiwibank economists say housing changes to be announced this week 'do have the scope' to cool the housing market but won't address the clear lack of affordable homes
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
18th Mar 21, 11:03am
174
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
Kiwis borrowed easily the most ever for house purchases in a January month, with investors prominent in the frenzy
17th Mar 21, 3:33pm
43
Kiwis borrowed easily the most ever for house purchases in a January month, with investors prominent in the frenzy
Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
17th Mar 21, 9:02am
3
Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
Kiwibank economists say they have 'drastically revised up' their projected near-term house price peak before a cooling of prices later in the year; don't see LVRs as having as much impact on investor activity as previously thought
16th Mar 21, 10:39am
190
Kiwibank economists say they have 'drastically revised up' their projected near-term house price peak before a cooling of prices later in the year; don't see LVRs as having as much impact on investor activity as previously thought
Fonterra farmers have given a resounding thumbs down to any suggestion of bringing outside shareholders into the dairy co-operative
15th Mar 21, 3:40pm
2
Fonterra farmers have given a resounding thumbs down to any suggestion of bringing outside shareholders into the dairy co-operative
It's a toss of a coin as to whether the New Zealand economy grew or contracted in the December quarter - but either way our recovery from lockdown has been impressive
15th Mar 21, 12:14pm
16
It's a toss of a coin as to whether the New Zealand economy grew or contracted in the December quarter - but either way our recovery from lockdown has been impressive
Government controlled power generator and retailer Mercury is buying the NZ assets of Tilt Renewables in a deal that will see Australia's PowAR buy out the Australian assets of Tilt
15th Mar 21, 9:56am
4
Government controlled power generator and retailer Mercury is buying the NZ assets of Tilt Renewables in a deal that will see Australia's PowAR buy out the Australian assets of Tilt
An offshoot of Auckland-based digital assets company Techemy has announced what it says is the first New Zealand dollar 'stablecoin', backed 1-for-1 by Kiwi dollars
11th Mar 21, 10:34am
40
An offshoot of Auckland-based digital assets company Techemy has announced what it says is the first New Zealand dollar 'stablecoin', backed 1-for-1 by Kiwi dollars
Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020
10th Mar 21, 12:25pm
29
Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020
ASB economists see single figure house price inflation by the end of next year; rents are now running hot in tandem with house prices
10th Mar 21, 11:26am
79
ASB economists see single figure house price inflation by the end of next year; rents are now running hot in tandem with house prices
ANZ Business Outlook survey preliminary results for March show business confidence has fallen but businesses still expect to increase their prices and see inflation of close to 2% in a year's time; construction 'took a hit'
9th Mar 21, 1:27pm
8
ANZ Business Outlook survey preliminary results for March show business confidence has fallen but businesses still expect to increase their prices and see inflation of close to 2% in a year's time; construction 'took a hit'
Credit bureau Centrix says applications for new credit cards are down 40% since before the onset of Covid; mortgage demand going through the roof; mortgage arrears rising
9th Mar 21, 10:49am
20
Credit bureau Centrix says applications for new credit cards are down 40% since before the onset of Covid; mortgage demand going through the roof; mortgage arrears rising
Government says it has signed an agreement for 8.5 million more doses of Pfizer/BioNTech vaccine; Prime Minister says this will 'simplify' rollout of vaccination, which is still planned for second half of year
8th Mar 21, 4:00pm
27
Government says it has signed an agreement for 8.5 million more doses of Pfizer/BioNTech vaccine; Prime Minister says this will 'simplify' rollout of vaccination, which is still planned for second half of year
David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
5th Mar 21, 1:23pm
4
David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
Consumer Affairs Minister says $352 mln has been returned for Covid-cancelled overseas travel
4th Mar 21, 10:41am
6
Consumer Affairs Minister says $352 mln has been returned for Covid-cancelled overseas travel
Chris Hipkins says more vaccines have arrived and the vaccination programme will now be ramped up; over 9000 border staff have now had their first dose
3rd Mar 21, 1:22pm
17
Chris Hipkins says more vaccines have arrived and the vaccination programme will now be ramped up; over 9000 border staff have now had their first dose
Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
3rd Mar 21, 12:49pm
5
Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola
3rd Mar 21, 10:36am
Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola
The Government is making noises about putting housing investors to the sword. But will it follow through? And will this help?
2nd Mar 21, 4:09pm
90
The Government is making noises about putting housing investors to the sword. But will it follow through? And will this help?
Director-General of Health warns 'we are not out of the woods'
2nd Mar 21, 1:14pm
13
Director-General of Health warns 'we are not out of the woods'
One time glamour stock a2 Milk Company has seen its value more than halved in a little over six months and analysts believe the business has some way to go to get back on track
2nd Mar 21, 9:47am
13
One time glamour stock a2 Milk Company has seen its value more than halved in a little over six months and analysts believe the business has some way to go to get back on track
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
1st Mar 21, 2:08pm
38
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson