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.
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
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
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
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
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
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
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
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
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
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