David Hargreaves

Latest figures from the Reserve Bank show that credit card spending and amounts outstanding are both rising again - but are still below levels seen a year ago

Latest figures from the Reserve Bank show that credit card spending and amounts outstanding are both rising again - but are still below levels seen a year ago

ANZ economists now say the downturn in the housing market will come later - at the end of this year and into next

ANZ economists now say the downturn in the housing market will come later - at the end of this year and into next

David Hargreaves is pleased the Government has decided to hold aside most of its designated pandemic money till after the election

David Hargreaves is pleased the Government has decided to hold aside most of its designated pandemic money till after the election

David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen

David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen

New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19

New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19

Economists see the Reserve Bank having to do much more in future with its quantitative easing programme after inflation dropped 0.5% in the June quarter

Economists see the Reserve Bank having to do much more in future with its quantitative easing programme after inflation dropped 0.5% in the June quarter

The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector

The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector

Plunging fuel prices have contributed to inflation falling off a cliff and reverting from an eight year annual high to possibly a near-22-year quarterly low

Plunging fuel prices have contributed to inflation falling off a cliff and reverting from an eight year annual high to possibly a near-22-year quarterly low

Westpac economists say it now looks like our economic downturn will be 'at the more moderate end of expectations'

Westpac economists say it now looks like our economic downturn will be 'at the more moderate end of expectations'

ANZ economists say it is 'possible but unlikely' a negative Official Cash Rate might be employed next year if the economic outlook became bad enough

ANZ economists say it is 'possible but unlikely' a negative Official Cash Rate might be employed next year if the economic outlook became bad enough

Preliminary July data for the ANZ Business Outlook has shown a much stronger lift in economic activity than economists have been forecasting - inevitably raising questions of whether the improved mood will last

Preliminary July data for the ANZ Business Outlook has shown a much stronger lift in economic activity than economists have been forecasting - inevitably raising questions of whether the improved mood will last

The Warehouse Group has enjoyed strong trading so far since lockdown but is warning of likely need for asset writedowns and is still not prepared to give any profit guidance for the financial year ending this month

The Warehouse Group has enjoyed strong trading so far since lockdown but is warning of likely need for asset writedowns and is still not prepared to give any profit guidance for the financial year ending this month

About 1000 jobs on the line in Southland as Rio Tinto gives notice to Meridian Energy that it is closing its smelter

About 1000 jobs on the line in Southland as Rio Tinto gives notice to Meridian Energy that it is closing its smelter

NZIER economists say we need to build a home-grown workforce that is fit for purpose rather than focusing on short-term objectives that might lead to pressure to bring in migrants quickly

NZIER economists say we need to build a home-grown workforce that is fit for purpose rather than focusing on short-term objectives that might lead to pressure to bring in migrants quickly

Immigration Minister Iain Lees-Galloway says a planned 1600 rise in numbers of migrant seasonal workers next year won't now go ahead as 'more New Zealanders will be available to do this work'

Immigration Minister Iain Lees-Galloway says a planned 1600 rise in numbers of migrant seasonal workers next year won't now go ahead as 'more New Zealanders will be available to do this work'

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