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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

ANZ Business Outlook survey shows a 'jaw-dropping' 67% of retailers expect to increase their prices
25th Feb 21, 1:22pm
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ANZ Business Outlook survey shows a 'jaw-dropping' 67% of retailers expect to increase their prices
Milk company a2 has downgraded its expected profits for the second time in two months after reporting a 35% drop in half-year earnings
25th Feb 21, 11:48am
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Milk company a2 has downgraded its expected profits for the second time in two months after reporting a 35% drop in half-year earnings
Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
25th Feb 21, 9:37am
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Our national airline says its 'monthly cash burn' is expected to be between $45 mln and $55 mln a month for the remaining five months of the financial year; capital raising still planned by June
Kiwibank says operating income rose $10 mln to $287 mln, while customer lending growth was $1.6 bln and customer deposit growth was $1.3 bln; seven branches to be closed
25th Feb 21, 8:54am
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Kiwibank says operating income rose $10 mln to $287 mln, while customer lending growth was $1.6 bln and customer deposit growth was $1.3 bln; seven branches to be closed
In its latest Monetary Policy Statement the Reserve Bank is forecasting a house price inflation peak of 22.4% in June this year before falling to 10.2% by the end of the year
24th Feb 21, 4:03pm
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In its latest Monetary Policy Statement the Reserve Bank is forecasting a house price inflation peak of 22.4% in June this year before falling to 10.2% by the end of the year
Reserve Bank leaves key monetary settings unchanged and says it will keep conditions stimulatory till confident of achieving 2% inflation and meeting its employment targets
24th Feb 21, 2:14pm
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Reserve Bank leaves key monetary settings unchanged and says it will keep conditions stimulatory till confident of achieving 2% inflation and meeting its employment targets
Commerce Commission says the Auckland Council potentially breached the Credit Contracts and Consumer Finance Act in relation to its Retrofit Your Home Programme
24th Feb 21, 11:08am
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Commerce Commission says the Auckland Council potentially breached the Credit Contracts and Consumer Finance Act in relation to its Retrofit Your Home Programme
Ministry of Health has now identified three new cases; 31 people at Kmart Botany are close contacts
23rd Feb 21, 1:37pm
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Ministry of Health has now identified three new cases; 31 people at Kmart Botany are close contacts
Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
22nd Feb 21, 4:01pm
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Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
The past year finished with the fourth consecutive monthly record high of mortgage lending, while despite the 'lost' month of April, some $8 billion more was borrowed in 2020 than the year before
22nd Feb 21, 10:54am
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The past year finished with the fourth consecutive monthly record high of mortgage lending, while despite the 'lost' month of April, some $8 billion more was borrowed in 2020 than the year before
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
20th Feb 21, 12:27pm
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No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
There have been no further Covid cases reported in the community; since Sunday there have been 25,000 tests; the vaccinators get vaccinated on Friday
18th Feb 21, 1:35pm
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There have been no further Covid cases reported in the community; since Sunday there have been 25,000 tests; the vaccinators get vaccinated on Friday
The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
18th Feb 21, 8:58am
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The country's largest airport see no two-way, quarantine-free, trans-Tasman travel before the end of June
Hotel operator Millennium & Copthorne reflects on 'horrid' year that saw its business 'devastated'
17th Feb 21, 11:55am
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Hotel operator Millennium & Copthorne reflects on 'horrid' year that saw its business 'devastated'
New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
17th Feb 21, 10:09am
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New Zealand's only oil refining company says it's made 'significant progress' toward converting its Northland refinery into an import terminal
The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
17th Feb 21, 9:16am
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The strong housing market has helped propel Fletcher Building's NZ residential construction business to a 130% rise in profits
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
17th Feb 21, 8:11am
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David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
16th Feb 21, 8:27am
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In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
15th Feb 21, 4:19pm
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The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
15th Feb 21, 11:53am
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Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry
11th Feb 21, 11:34am
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Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry
David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
11th Feb 21, 8:29am
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David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
Government outlines timetable for replacing the Resource Management Act in this term of Parliament - with three new pieces of legislation
10th Feb 21, 11:00am
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Government outlines timetable for replacing the Resource Management Act in this term of Parliament - with three new pieces of legislation
Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
10th Feb 21, 9:53am
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Infratil says its CEO of the past 12 years Marko Bogoievski is leaving the job in April, but he will be staying on as chief executive of Infratil's manager Morrison & Co
Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated
9th Feb 21, 3:32pm
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Influential RBNZ survey shows inflation is now expected to be approaching 2% in two years' time, while negative interest rates are now no longer anticipated