David Hargreaves

Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year

Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year

David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further

David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further

New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline

New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline

ANZ economists now predict the Reserve Bank will increase the quantitative easing programme to $90 billion by August if not sooner

ANZ economists now predict the Reserve Bank will increase the quantitative easing programme to $90 billion by August if not sooner

We wrap up some of the public comments made in reaction to the 2020 Budget

We wrap up some of the public comments made in reaction to the 2020 Budget

The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy

The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy

Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year

Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year

ANZ Business Outlook preliminary results for May saw a rise in 'forward-looking activity indicators' but levels remain very low

ANZ Business Outlook preliminary results for May saw a rise in 'forward-looking activity indicators' but levels remain very low

Statistics New Zealand says the impact of the lockdown saw each New Zealander on average spending about $520 less in April than they did in March

Statistics New Zealand says the impact of the lockdown saw each New Zealander on average spending about $520 less in April than they did in March

Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year

Z cancels final dividend for year after reporting $88 million after-tax loss; has attained some 'covenant relief' from lenders; aims to reduce costs by up to $96 mln this year

The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year

The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year

Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season

Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season

Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown

Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown

David Hargreaves says the Government now needs to trust the people and let the economy be opened up again otherwise the unseen costs could be very high

David Hargreaves says the Government now needs to trust the people and let the economy be opened up again otherwise the unseen costs could be very high

Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously

Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously

The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago

The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago

The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion

The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion

Full results of the ANZ Business Outlook for the month of April paint a grim picture - but not as grim as the preliminary results of the same survey released earlier in the month

Full results of the ANZ Business Outlook for the month of April paint a grim picture - but not as grim as the preliminary results of the same survey released earlier in the month

New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge

New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge

A bumper kiwifruit harvest and higher prices for milk powder and meat saw our exports reach $5.8 billion last month

A bumper kiwifruit harvest and higher prices for milk powder and meat saw our exports reach $5.8 billion last month

ANZ economists say the global recovery will be slower than is currently anticipated and solvency issues are 'expected to come into focus'

ANZ economists say the global recovery will be slower than is currently anticipated and solvency issues are 'expected to come into focus'

The Swedish private equity company looking to terminate its deal to buy Metlifecare says that the retirement village operator will be adversely affected by the virus over the next three financial years

The Swedish private equity company looking to terminate its deal to buy Metlifecare says that the retirement village operator will be adversely affected by the virus over the next three financial years

David Hargreaves says the Government's now got a very fine balancing act between supporting and stimulating the economy, including use of novel tools such as 'helicopter money'

David Hargreaves says the Government's now got a very fine balancing act between supporting and stimulating the economy, including use of novel tools such as 'helicopter money'

The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding

The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding

The abrupt cutting of travel and the first impacts of the lockdown have seen credit card spending slashed

The abrupt cutting of travel and the first impacts of the lockdown have seen credit card spending slashed