David Hargreaves

Government extends for six months temporary work visas for 16,500 workers due to expire at the end of this year; stand-down period shifted by six months for 600 workers

Government extends for six months temporary work visas for 16,500 workers due to expire at the end of this year; stand-down period shifted by six months for 600 workers

Research by NZ Retail finds over half of retailers reported better business in June compared with a year ago but over a quarter fared worse; 6000 jobs seen as going over next three months

Research by NZ Retail finds over half of retailers reported better business in June compared with a year ago but over a quarter fared worse; 6000 jobs seen as going over next three months

Latest NZIER Quarterly Survey of Business Opinion shows businesses still very downbeat, with 25% of them expecting weaker demand in the next quarter; construction sector most pessimistic

Latest NZIER Quarterly Survey of Business Opinion shows businesses still very downbeat, with 25% of them expecting weaker demand in the next quarter; construction sector most pessimistic

Government looks to limit the flow of passengers back into the country as quarantine facilities fill up

Government looks to limit the flow of passengers back into the country as quarantine facilities fill up

Swedish private equity company in legal battle with retirement village operator Metlifecare over an aborted takeover offer unexpectedly launches new takeover bid - but at lower price

Swedish private equity company in legal battle with retirement village operator Metlifecare over an aborted takeover offer unexpectedly launches new takeover bid - but at lower price

David Hargreaves says the willingness or otherwise of Kiwis to keep spending in coming months will be a key factor in how well our economy recovers

David Hargreaves says the willingness or otherwise of Kiwis to keep spending in coming months will be a key factor in how well our economy recovers

The country's largest airport says it will be making a further unspecified number of redundancies, while announcing estimated abnormal losses of potentially in excess of $225 million

The country's largest airport says it will be making a further unspecified number of redundancies, while announcing estimated abnormal losses of potentially in excess of $225 million

New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year

New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year

ANZ Business Outlook survey indicates that 'the recession is just starting to make itself felt'

ANZ Business Outlook survey indicates that 'the recession is just starting to make itself felt'

New economic index being published by Treasury shows that activity plummeted 19% in April compared with a year earlier but then bounced back in May

New economic index being published by Treasury shows that activity plummeted 19% in April compared with a year earlier but then bounced back in May

New Zealand headquartered maker of breathing equipment Fisher & Paykel Healthcare faces 'unprecedented' demand for its products as virus sweeps the globe

New Zealand headquartered maker of breathing equipment Fisher & Paykel Healthcare faces 'unprecedented' demand for its products as virus sweeps the globe

Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago

Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago

Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year

Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year

Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May

Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May

An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer

An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer

The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well

The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well

RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary

RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary

Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids

Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids

RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders

RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders

As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis

As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis

Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter

Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter

Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars

Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars

Latest information collated by the Financial Markets Authority shows that the volatility resulting from the Covid-19 pandemic saw 143 of the 270 KiwiSaver funds record negative returns in the March year

Latest information collated by the Financial Markets Authority shows that the volatility resulting from the Covid-19 pandemic saw 143 of the 270 KiwiSaver funds record negative returns in the March year

NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts

NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts

David Hargreaves says relying on the old standbys of running a tight fiscal ship while pumping migrants into the country is no way forward - we need governments with ideas and a real plan

David Hargreaves says relying on the old standbys of running a tight fiscal ship while pumping migrants into the country is no way forward - we need governments with ideas and a real plan