David Hargreaves

Kiwis borrowed easily the most ever for house purchases in a January month, with investors prominent in the frenzy

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

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

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

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

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

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

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