sign up log in
Want to go ad-free? Find out how, here.

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 11 months

Latest articles

ANZ's Business Outlook Survey preliminary data for April show pricing expectations for NZ firms have hit a new high in a series that goes back nearly 30 years
8th Apr 21, 1:16pm
29
ANZ's Business Outlook Survey preliminary data for April show pricing expectations for NZ firms have hit a new high in a series that goes back nearly 30 years
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
8th Apr 21, 11:46am
36
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
Surge in US credit; Record US trade deficit; Fed holds steady line; air cargo rebounds; China foreign reserves slip; UST 10yr at 1.65%; oil steady, gold lower; NZ$1 = 70.2 USc; TWI-5 = 72.6
8th Apr 21, 7:19am
83
Surge in US credit; Record US trade deficit; Fed holds steady line; air cargo rebounds; China foreign reserves slip; UST 10yr at 1.65%; oil steady, gold lower; NZ$1 = 70.2 USc; TWI-5 = 72.6
ASB economists says rent controls benefit incumbent renters, regardless of their financial circumstances, but 'pretty much everyone else' bears costs
6th Apr 21, 1:23pm
122
ASB economists says rent controls benefit incumbent renters, regardless of their financial circumstances, but 'pretty much everyone else' bears costs
David Hargreaves says the alarming rise in high debt-to-income ratio borrowing highlights why the Reserve Bank should be allowed to implement across-the-board DTI limits without any exceptions
4th Apr 21, 6:31am
83
David Hargreaves says the alarming rise in high debt-to-income ratio borrowing highlights why the Reserve Bank should be allowed to implement across-the-board DTI limits without any exceptions
Latest figures from the Reserve Bank confirm the massive surge in house prices toward the end of last year saw buyers stretch themselves much further financially
31st Mar 21, 3:44pm
117
Latest figures from the Reserve Bank confirm the massive surge in house prices toward the end of last year saw buyers stretch themselves much further financially
Transport Minister announces 'establishment unit' to 'progress this important city-shaping project'; concedes previous failed attempts to get project running didn't involve Aucklanders enough; decisions at end of this year
31st Mar 21, 3:00pm
56
Transport Minister announces 'establishment unit' to 'progress this important city-shaping project'; concedes previous failed attempts to get project running didn't involve Aucklanders enough; decisions at end of this year
ANZ's Business Outlook Survey for March finds falling business confidence and activity outlooks, while cost pressures are still seen as building
31st Mar 21, 1:17pm
17
ANZ's Business Outlook Survey for March finds falling business confidence and activity outlooks, while cost pressures are still seen as building
David Hargreaves assesses some of the more intemperate suggestions being made about what might be ahead in the wake of the Government's housing policy package
29th Mar 21, 3:35pm
202
David Hargreaves assesses some of the more intemperate suggestions being made about what might be ahead in the wake of the Government's housing policy package
Westpac economists say the Govt's housing taxation changes will 'dramatically tilt' financial conditions in favour of owner-occupiers and 'cashed-up' investors, who will now determine the market price of houses
29th Mar 21, 12:09pm
156
Westpac economists say the Govt's housing taxation changes will 'dramatically tilt' financial conditions in favour of owner-occupiers and 'cashed-up' investors, who will now determine the market price of houses
Dairy company Synlait says it is 'continuing to experience significant uncertainty' within its business; has 'proactively engaged' with bankers to increase leverage ratios on its covenants
29th Mar 21, 11:08am
9
Dairy company Synlait says it is 'continuing to experience significant uncertainty' within its business; has 'proactively engaged' with bankers to increase leverage ratios on its covenants
Bonus Bonds holders on target to receive a distribution of funds in the second half of this year
29th Mar 21, 8:59am
9
Bonus Bonds holders on target to receive a distribution of funds in the second half of this year
David Hargreaves settles in for a fascinating few months ahead as we wait to see how the housing market reacts to the bold housing package unveiled by the Government this week
26th Mar 21, 10:34am
252
David Hargreaves settles in for a fascinating few months ahead as we wait to see how the housing market reacts to the bold housing package unveiled by the Government this week
BNZ economists say the Government is 'dead set' on curtailing soaring house prices and will do what it takes - 'it will almost certainly win in the end'
25th Mar 21, 11:14am
237
BNZ economists say the Government is 'dead set' on curtailing soaring house prices and will do what it takes - 'it will almost certainly win in the end'
Kiwis kept up the frenetic borrowing pace for house purchases in February, but first home buyers are feeling the heat and there's early signs of investor fall-off
24th Mar 21, 3:33pm
84
Kiwis kept up the frenetic borrowing pace for house purchases in February, but first home buyers are feeling the heat and there's early signs of investor fall-off
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