David Hargreaves

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

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

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

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'

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

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

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

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

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

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

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

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?

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'

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

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

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

ANZ Business Outlook survey shows a 'jaw-dropping' 67% of retailers expect to increase their prices

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

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

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

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

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

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

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

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'

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

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