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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 7 months

Latest articles

Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
5th Oct 20, 9:15am
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Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
David Hargreaves has another wrestle with the latest savings and borrowing statistics
1st Oct 20, 3:06pm
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David Hargreaves has another wrestle with the latest savings and borrowing statistics
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
30th Sep 20, 3:42pm
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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
30th Sep 20, 1:27pm
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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
David Hargreaves says the time may now be approaching when we need to consider a direct one-off handout of cash to the public
29th Sep 20, 2:52pm
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David Hargreaves says the time may now be approaching when we need to consider a direct one-off handout of cash to the public
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
28th Sep 20, 11:45am
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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
Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
24th Sep 20, 3:24pm
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Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
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
24th Sep 20, 11:03am
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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
David Hargreaves is trying to keep tabs on Kiwis' spending and saving habits during the pandemic
23rd Sep 20, 4:03pm
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David Hargreaves is trying to keep tabs on Kiwis' spending and saving habits during the pandemic
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
22nd Sep 20, 2:03pm
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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
21st Sep 20, 3:35pm
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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
21st Sep 20, 2:29pm
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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
17th Sep 20, 10:58am
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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
16th Sep 20, 11:00am
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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
16th Sep 20, 10:20am
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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
David Hargreaves tries to make sense of recent developments in our never-dull housing market
15th Sep 20, 11:42am
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David Hargreaves tries to make sense of recent developments in our never-dull housing market
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
14th Sep 20, 1:37pm
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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
10th Sep 20, 1:00pm
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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
NZ Super Fund has posted a return of 1.73% for the year to June, with the fund growing to $44.8 billion at year end
10th Sep 20, 12:03pm
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NZ Super Fund has posted a return of 1.73% for the year to June, with the fund growing to $44.8 billion at year end
Statistics New Zealand says retail card spending slumped by over half a billion dollars in August as Auckland entered Covid-19 alert level 3
10th Sep 20, 11:01am
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Statistics New Zealand says retail card spending slumped by over half a billion dollars in August as Auckland entered Covid-19 alert level 3
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
9th Sep 20, 4:27pm
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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
Latest preliminary results from ANZ Business Outlook show a widespread improvement in businesses' views of their future prospects
9th Sep 20, 3:17pm
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Latest preliminary results from ANZ Business Outlook show a widespread improvement in businesses' views of their future prospects
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
7th Sep 20, 3:11pm
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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
3rd Sep 20, 1:16pm
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Chartered accountants say Government Covid support measures have had unintended consequence of propping up businesses that would have failed in normal times
Covid update: The three new community cases are all linked to the Mount Roskill evangelical fellowship; two patients in ICU
2nd Sep 20, 1:12pm
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Covid update: The three new community cases are all linked to the Mount Roskill evangelical fellowship; two patients in ICU