David Hargreaves

New Zealand's only oil refining company is pressing ahead with plans to convert its Northland refinery into an import terminal after reaching agreements with Z Energy

New Zealand's only oil refining company is pressing ahead with plans to convert its Northland refinery into an import terminal after reaching agreements with Z Energy

Westpac economists see net migration in future at around half of the pre-Covid levels following the Government's review; huge reduction in economy's underlying growth rate; impact on housing market 

Westpac economists see net migration in future at around half of the pre-Covid levels following the Government's review; huge reduction in economy's underlying growth rate; impact on housing market 

Dairy company Synlait says it has been given a waiver on its banking covenants for the current financial year as it continues to be hit by ongoing shipping delays

Dairy company Synlait says it has been given a waiver on its banking covenants for the current financial year as it continues to be hit by ongoing shipping delays

Treasury concedes that the Government's changes to housing policy will result in slower economic recovery and 'prolong the period of monetary support needed'

Treasury concedes that the Government's changes to housing policy will result in slower economic recovery and 'prolong the period of monetary support needed'

ASB economists now see a milk price for farmers next year of $8.20 per kilogram of milk solids, which if achieved would be the second best price ever

ASB economists now see a milk price for farmers next year of $8.20 per kilogram of milk solids, which if achieved would be the second best price ever

If the current wave of inflationary pressures prove to be more than just a passing flurry, the Reserve Bank will be forced to raise interest rates. And rising mortgage payments will be a new thing for many mortgage holders

If the current wave of inflationary pressures prove to be more than just a passing flurry, the Reserve Bank will be forced to raise interest rates. And rising mortgage payments will be a new thing for many mortgage holders

Two-thirds of Auckland first home buyers in March borrowed at a DTI of over five - and their mortgage sizes averaged in excess of $750,000 each

Two-thirds of Auckland first home buyers in March borrowed at a DTI of over five - and their mortgage sizes averaged in excess of $750,000 each

BNZ economists say any relief for the current input price pressures 'will not be coming soon'

BNZ economists say any relief for the current input price pressures 'will not be coming soon'

Economists at the country's largest bank now see an Official Cash Rate of 1.25% by the end of 2023 - compared with just 0.25% now

Economists at the country's largest bank now see an Official Cash Rate of 1.25% by the end of 2023 - compared with just 0.25% now

Economists say this week's Budget is going to make 'good reading' when compared with the gloomy updates over the past year

Economists say this week's Budget is going to make 'good reading' when compared with the gloomy updates over the past year

As long as interest rates don't rise appreciably, our housing market should be fine. Probably. But inflation is the wild card. Potentially very wild

As long as interest rates don't rise appreciably, our housing market should be fine. Probably. But inflation is the wild card. Potentially very wild

A report into management of the wage subsidy scheme has recommended that the organisations managing it conduct a review to 'properly evaluate it' for potential future purposes

A report into management of the wage subsidy scheme has recommended that the organisations managing it conduct a review to 'properly evaluate it' for potential future purposes

Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme

Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme

BNZ economists see inflation getting close to 3% by the end of the year and say it will take a 'determinedly dovish' RBNZ to 'look through' the rise

BNZ economists see inflation getting close to 3% by the end of the year and say it will take a 'determinedly dovish' RBNZ to 'look through' the rise

Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries

Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries

One time glamour stock a2 Milk Company has announced massive stock write-offs for the year of over $100 mln and slashed its earnings guidance

One time glamour stock a2 Milk Company has announced massive stock write-offs for the year of over $100 mln and slashed its earnings guidance

ANZ economists say the strains in the economy are starting to show as the economy tries to grow faster than it physically can, given shortages of both goods and labour

ANZ economists say the strains in the economy are starting to show as the economy tries to grow faster than it physically can, given shortages of both goods and labour

According to the Reserve Bank it now takes over 220% of median disposable household income to fund a 20% deposit on a house

According to the Reserve Bank it now takes over 220% of median disposable household income to fund a 20% deposit on a house

Fonterra launches consultation on capital restructure proposals that appear to close the door on any non-farmer investment in the co-operative

Fonterra launches consultation on capital restructure proposals that appear to close the door on any non-farmer investment in the co-operative

New figures from the RBNZ show that up to 71% of the money being borrowed each month recently by investors for houses has been done on high debt to income ratios

New figures from the RBNZ show that up to 71% of the money being borrowed each month recently by investors for houses has been done on high debt to income ratios

Statistics New Zealand says the unemployment rate dropped to 4.7% in the March quarter from 4.9% in December - beating market expectations

Statistics New Zealand says the unemployment rate dropped to 4.7% in the March quarter from 4.9% in December - beating market expectations

Giant dairy co-operative Fonterra is to launch what it terms a 'comprehensive consultation process' to seek feedback from its farmer shareholders on options for changing its capital structure

Giant dairy co-operative Fonterra is to launch what it terms a 'comprehensive consultation process' to seek feedback from its farmer shareholders on options for changing its capital structure

Investors accounted for over a third of the growth in the country's bank mortgage stock in the six months to the end of March; meanwhile, on the farm, dairy lending is falling fast

Investors accounted for over a third of the growth in the country's bank mortgage stock in the six months to the end of March; meanwhile, on the farm, dairy lending is falling fast

Economists are seeing little change in the unemployment rate when official statistics are released this week

Economists are seeing little change in the unemployment rate when official statistics are released this week

David Hargreaves looks at the all-night mortgage borrowing bender Kiwis are going on while lending to 'productive' parts of the economy withers

David Hargreaves looks at the all-night mortgage borrowing bender Kiwis are going on while lending to 'productive' parts of the economy withers