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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 6 months

Latest articles

ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity
16th Jun 20, 10:27am
77
ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
15th Jun 20, 11:11am
32
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
11th Jun 20, 11:51am
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Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
11th Jun 20, 11:06am
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Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
10th Jun 20, 12:28pm
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The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
10th Jun 20, 10:50am
7
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
10th Jun 20, 7:50am
106
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
Preliminary results from the ANZ Business Outlook survey for June show broad improvement in sentiment but from very low levels
9th Jun 20, 1:22pm
2
Preliminary results from the ANZ Business Outlook survey for June show broad improvement in sentiment but from very low levels
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
8th Jun 20, 3:04pm
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Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
The Warehouse Group has announced plans to close stores and restructure its head office, with over 1000 jobs to go across all its operations
8th Jun 20, 10:59am
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The Warehouse Group has announced plans to close stores and restructure its head office, with over 1000 jobs to go across all its operations
Government says the 'end is in sight' for high-cost lenders and truck shops who trap the vulnerable in debt
4th Jun 20, 2:02pm
4
Government says the 'end is in sight' for high-cost lenders and truck shops who trap the vulnerable in debt
With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
4th Jun 20, 11:57am
143
With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
David Hargreaves says ANZ could never fully redeem itself after what has been a tortuous sale of UDC Finance - but the final outcome is about as good as could be imagined in the circumstances
3rd Jun 20, 11:00am
4
David Hargreaves says ANZ could never fully redeem itself after what has been a tortuous sale of UDC Finance - but the final outcome is about as good as could be imagined in the circumstances
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
2nd Jun 20, 11:46am
73
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
28th May 20, 2:40pm
44
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
28th May 20, 1:16pm
30
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
27th May 20, 11:34am
156
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
27th May 20, 10:51am
24
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
27th May 20, 5:02am
61
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
14
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
26th May 20, 10:17am
6
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Reserve Bank figures show credit card billings plunged 41.3% in April, bringing billings back to levels last seen in 2006
21st May 20, 3:16pm
24
Reserve Bank figures show credit card billings plunged 41.3% in April, bringing billings back to levels last seen in 2006
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
21st May 20, 11:25am
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David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
21st May 20, 8:53am
15
Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
Participants in the Reserve Bank's household expectations survey are forecasting inflation of 3.2% over the next year, while over half of them are worried about losing their jobs
20th May 20, 3:39pm
20
Participants in the Reserve Bank's household expectations survey are forecasting inflation of 3.2% over the next year, while over half of them are worried about losing their jobs