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.
Reserve Bank statistics show household deposits have grown at their fastest rate in four years while, the amount owed on houses just had its biggest monthly rise in 13 years
Reserve Bank statistics show household deposits have grown at their fastest rate in four years while, the amount owed on houses just had its biggest monthly rise in 13 years
ANZ Business Outlook survey for September shows that businesses are becoming less gloomy, although Auckland businesses are the most pessimistic after the latest Covid outbreak
ANZ Business Outlook survey for September shows that businesses are becoming less gloomy, although Auckland businesses are the most pessimistic after the latest Covid outbreak
Labour aims for three-to-five year extension to life of the Southland smelter, including 'supporting' Transpower to allow reduced power costs for the smelter owner NZAS
Labour aims for three-to-five year extension to life of the Southland smelter, including 'supporting' Transpower to allow reduced power costs for the smelter owner NZAS
The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
ANZ economists say negative interest rates won't be without potential costs and they believe the Reserve Bank will have to weigh these against perceived benefits when deciding whether to drop the Official Cash Rate below zero
ANZ economists say negative interest rates won't be without potential costs and they believe the Reserve Bank will have to weigh these against perceived benefits when deciding whether to drop the Official Cash Rate below zero
Reserve Bank figures show credit card billings dropped a seasonally-adjusted 5.8% in August as Auckland went into level 3 lockdown and the rest of the country level 2
Reserve Bank figures show credit card billings dropped a seasonally-adjusted 5.8% in August as Auckland went into level 3 lockdown and the rest of the country level 2
The Reserve Bank's not expected to make any changes to either interest rates or its QE programme this week, but the markets will be looking for any further clues about the potential arrival of negative interest rates next year
The Reserve Bank's not expected to make any changes to either interest rates or its QE programme this week, but the markets will be looking for any further clues about the potential arrival of negative interest rates next year
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
NZ earned $0.5 billion more than it spent in transactions with the rest of the world in the June quarter due to the sharp slowdown in international trade because of Covid-19; annual deficit was just 1.9% of GDP
NZ earned $0.5 billion more than it spent in transactions with the rest of the world in the June quarter due to the sharp slowdown in international trade because of Covid-19; annual deficit was just 1.9% of GDP
Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
Labour is now pledging to have 100% renewable electricity generation by 2030 and is targeting more electrification of transport and industry and further investment in emerging technologies such as green hydrogen
Labour is now pledging to have 100% renewable electricity generation by 2030 and is targeting more electrification of transport and industry and further investment in emerging technologies such as green hydrogen
The Government has announced new border exceptions that will allow temporary work visa holders to return to NZ; new exceptions will now also be made to allow partners of NZ citizens and residents to return here
The Government has announced new border exceptions that will allow temporary work visa holders to return to NZ; new exceptions will now also be made to allow partners of NZ citizens and residents to return here
David Hargreaves says the country should never again be allowed to fall as far behind with its housing supply as it did in the wake of the global financial crisis
David Hargreaves says the country should never again be allowed to fall as far behind with its housing supply as it did in the wake of the global financial crisis
Chartered accountants say Government Covid support measures have had unintended consequence of propping up businesses that would have failed in normal times
Chartered accountants say Government Covid support measures have had unintended consequence of propping up businesses that would have failed in normal times