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.
The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
BNZ's head of research Stephen Toplis has 'pencilled in' a -5% fall in economic activity for the June quarter 'but it could easily be more than double this': Unemployment may later hit 9%
Latest release of daily trade data from Stats NZ shows that exports last week were 3.7% ahead of the equivalent week a year ago, but imports were down 11%
Latest release of daily trade data from Stats NZ shows that exports last week were 3.7% ahead of the equivalent week a year ago, but imports were down 11%
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
The country's first and largest licensed peer to peer lender is pulling out of the P2P market in favour of all wholesale funding of its lending activities; competitor Squirrel is expanding its retail offering
The country's first and largest licensed peer to peer lender is pulling out of the P2P market in favour of all wholesale funding of its lending activities; competitor Squirrel is expanding its retail offering
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
Westpac has agreed to compensate over 19,000 new credit card customers who were not provided with the required disclosure information when getting their credit cards
Westpac has agreed to compensate over 19,000 new credit card customers who were not provided with the required disclosure information when getting their credit cards
Major bank economists are currently expecting a short, sharp, shock to economic growth in the first half of this year due to coronavirus - but they warn that the outlook is uncertain and unpredictable
Major bank economists are currently expecting a short, sharp, shock to economic growth in the first half of this year due to coronavirus - but they warn that the outlook is uncertain and unpredictable
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
Statistics New Zealand says unemployment has fallen to 4.0% from 4.1%, while wages have risen by 2.6%, which is the most since 2009; RBNZ seen as putting interest rates on hold
Statistics New Zealand says unemployment has fallen to 4.0% from 4.1%, while wages have risen by 2.6%, which is the most since 2009; RBNZ seen as putting interest rates on hold