David Hargreaves

Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year

Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year

David Hargreaves suggests the 30% deposit rule for investors might not be enough to rein in the current super hot housing market

David Hargreaves suggests the 30% deposit rule for investors might not be enough to rein in the current super hot housing market

National's new Shadow Treasurer Andrew Bayly says the Government should be 'mandating' the RBNZ to ensure the new Funding for Lending money doesn't just flow into the housing market

National's new Shadow Treasurer Andrew Bayly says the Government should be 'mandating' the RBNZ to ensure the new Funding for Lending money doesn't just flow into the housing market

New Reserve Bank figures show that only about $4 bln worth of mortgages are on a payment 'holiday' compared with over $22 billion earlier this year

New Reserve Bank figures show that only about $4 bln worth of mortgages are on a payment 'holiday' compared with over $22 billion earlier this year

Latest Reserve Bank figures on household debt to income ratios show more mortgage money being borrowed at in excess of five times annual income - but Auckland may be reaching limits

Latest Reserve Bank figures on household debt to income ratios show more mortgage money being borrowed at in excess of five times annual income - but Auckland may be reaching limits

Person with Covid went to work at retail store in central Auckland's High Street before receiving confirmed Covid test; source of infection unknown

Person with Covid went to work at retail store in central Auckland's High Street before receiving confirmed Covid test; source of infection unknown

Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years

Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years

Reserve Bank has sharply upgraded its house price forecast for this year - but expects price growth to slow during next year

Reserve Bank has sharply upgraded its house price forecast for this year - but expects price growth to slow during next year

RBNZ says a Funding for Lending Programme will be launched in December; no changes made to either the Official Cash Rate or to the Large Scale Asset Purchases (QE) programme

RBNZ says a Funding for Lending Programme will be launched in December; no changes made to either the Official Cash Rate or to the Large Scale Asset Purchases (QE) programme

David Hargreaves says the decision by the Reserve Bank to go back on its word on house lending restrictions raises questions over other commitments it has made

David Hargreaves says the decision by the Reserve Bank to go back on its word on house lending restrictions raises questions over other commitments it has made

Reserve Bank makes surprising announcement on move to reinstate lending restrictions in face of searing housing market; has also announced further delay in introducing new bank capital requirements till 2022

Reserve Bank makes surprising announcement on move to reinstate lending restrictions in face of searing housing market; has also announced further delay in introducing new bank capital requirements till 2022

Statistics New Zealand says spending on food and beverage services last month was the second highest in over 20 years following Auckland moving to Alert level 1 early in the month

Statistics New Zealand says spending on food and beverage services last month was the second highest in over 20 years following Auckland moving to Alert level 1 early in the month

Fletcher Building says demand for its new houses in this country has been 'robust'

Fletcher Building says demand for its new houses in this country has been 'robust'

Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses

Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses

Top economists, business people and academics see a reduced need for negative interest rates ahead of the Reserve Bank's latest monetary policy review this week

Top economists, business people and academics see a reduced need for negative interest rates ahead of the Reserve Bank's latest monetary policy review this week

New report by heavy-hitter academics and economists says in order to create a knowledge hub in Auckland it will be necessary to have affordable housing for people moving from the regions; land tax mooted again

New report by heavy-hitter academics and economists says in order to create a knowledge hub in Auckland it will be necessary to have affordable housing for people moving from the regions; land tax mooted again

Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years

Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years

Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics

Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics

ANZ economists say the fear of missing out dynamic has the potential to contribute to frothiness in the housing market that ultimately cannot be sustained

ANZ economists say the fear of missing out dynamic has the potential to contribute to frothiness in the housing market that ultimately cannot be sustained

Economists think the unemployment rate will show a discernible lift for the September quarter, but the figures are not likely to be as bad as was being forecast earlier in the year

Economists think the unemployment rate will show a discernible lift for the September quarter, but the figures are not likely to be as bad as was being forecast earlier in the year

ANZ says investors holding Bonus Bonds will now be unable to make redemptions but is confident that remaining bondholders will receive a share of reserves over and above their original investment

ANZ says investors holding Bonus Bonds will now be unable to make redemptions but is confident that remaining bondholders will receive a share of reserves over and above their original investment

ANZ Business Outlook survey results for October show solid improvements in confidence levels from the previous month; construction sector easily the most buoyant

ANZ Business Outlook survey results for October show solid improvements in confidence levels from the previous month; construction sector easily the most buoyant

First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves

First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves

Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June

Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June

ASB economists say 'by doing nothing' the RBNZ risks fuelling the fire of a housing market bubble, which could increase financial stability risks down the line

ASB economists say 'by doing nothing' the RBNZ risks fuelling the fire of a housing market bubble, which could increase financial stability risks down the line