David Hargreaves

Stats NZ says its household living-cost price indexes show household costs - including interest payments - rose 3.8% in the year to September

Stats NZ says its household living-cost price indexes show household costs - including interest payments - rose 3.8% in the year to September

Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024

Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024

Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank

Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank

Reserve Bank figures show the annual housing lending growth rate has risen to 3.7% from 3.5% in the past month; non-performing housing loans fall for second consecutive month

Reserve Bank figures show the annual housing lending growth rate has risen to 3.7% from 3.5% in the past month; non-performing housing loans fall for second consecutive month

The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'

The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'

Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth

Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth

Latest Statistics NZ figures show that there's been no monthly jobs growth in any of the past six months - while the construction sector in particular is contracting substantially

Latest Statistics NZ figures show that there's been no monthly jobs growth in any of the past six months - while the construction sector in particular is contracting substantially

Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September

Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September

Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'

Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'

Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year

Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year

BNZ chief economist Mike Jones says longer term mortgage rates are already reflecting anticipated cuts to the Official Cash Rate, but shorter term mortgage rates have more 'downside'

BNZ chief economist Mike Jones says longer term mortgage rates are already reflecting anticipated cuts to the Official Cash Rate, but shorter term mortgage rates have more 'downside'

BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist

BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist

The country's banks are reporting early signs of a rebound in activity from property investors and demand for mortgage lending from both owner occupiers and investors is expected to continue to increase during the next six months

The country's banks are reporting early signs of a rebound in activity from property investors and demand for mortgage lending from both owner occupiers and investors is expected to continue to increase during the next six months

Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin

Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin

The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?

The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?

Reserve Bank Governor Adrian Orr says improving Māori access to capital has been, and remains, a powerful enabler for prosperity, sustainability, cohesion, and inclusion and 'we should collectively prioritise this goal'

Reserve Bank Governor Adrian Orr says improving Māori access to capital has been, and remains, a powerful enabler for prosperity, sustainability, cohesion, and inclusion and 'we should collectively prioritise this goal'

David Hargreaves assesses prospects for the September quarter CPI figures to be released this coming Wednesday, which should show inflation back under 3%. But could the figures still put a dampener on expectation of further fast interest rate falls?

David Hargreaves assesses prospects for the September quarter CPI figures to be released this coming Wednesday, which should show inflation back under 3%. But could the figures still put a dampener on expectation of further fast interest rate falls?

Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016

Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016

NZ Banking Association says despite tough economic conditions, 'the vast majority of New Zealanders' are managing their financial situation well

NZ Banking Association says despite tough economic conditions, 'the vast majority of New Zealanders' are managing their financial situation well

Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms

Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms

Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut

Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut

David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates

David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates

A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year

A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year

It would be too early to say the housing investors 'are back' - but they do appear to be stirring, as evidenced by the latest Reserve Bank figures

It would be too early to say the housing investors 'are back' - but they do appear to be stirring, as evidenced by the latest Reserve Bank figures

Latest ANZ Business Outlook survey shows not only that optimism about the future continues to grow, but also the first signs of improvement in current activity

Latest ANZ Business Outlook survey shows not only that optimism about the future continues to grow, but also the first signs of improvement in current activity