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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

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was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
26th Mar 20, 9:09am
22
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was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls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
25th Mar 20, 3:45pm
17
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%
25th Mar 20, 3:01pm
21
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%
25th Mar 20, 1:39pm
2
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
24th Mar 20, 3:43pm
227
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
Reserve Bank Governor says banks must not 'just stop lending to everyone' and need to have the courage to 'get out and lend'
17th Mar 20, 11:48am
25
Reserve Bank Governor says banks must not 'just stop lending to everyone' and need to have the courage to 'get out and lend'
Our economists are talking recession with a capital R: 'It won't be a shallow one'
16th Mar 20, 4:54pm
91
Our economists are talking recession with a capital R: 'It won't be a shallow one'
Reserve Bank says it wants the country's banks to be focused on looking after their customers
16th Mar 20, 1:20pm
38
Reserve Bank says it wants the country's banks to be focused on looking after their customers
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
16th Mar 20, 10:31am
11
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
David Hargreaves offers alternatives to what the Government is proposing with its revamp of New Zealand's tenancy rules
25th Feb 20, 11:13am
91
David Hargreaves offers alternatives to what the Government is proposing with its revamp of New Zealand's tenancy rules
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
24th Feb 20, 10:10am
44
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
23rd Feb 20, 6:02am
53
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
20th Feb 20, 11:15am
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
20th Feb 20, 10:33am
116
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
18th Feb 20, 11:48am
88
Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
Capital Economics chief economist says the virus crisis could add to 'a growing pushback' against large and complex supply chains
18th Feb 20, 8:31am
25
Capital Economics chief economist says the virus crisis could add to 'a growing pushback' against large and complex supply chains
ANZ economists see trouble ahead for the economy from the declining rate in growth of bank deposits at a time of strong demand for credit
17th Feb 20, 2:26pm
30
ANZ economists see trouble ahead for the economy from the declining rate in growth of bank deposits at a time of strong demand for credit
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'
17th Feb 20, 1:11pm
63
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
13th Feb 20, 11:05am
19
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
12th Feb 20, 2:09pm
58
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
11th Feb 20, 11:36am
5
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
10th Feb 20, 2:37pm
19
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
6th Feb 20, 9:08am
41
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
5th Feb 20, 11:06am
60
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
Westpac economists say the damage to our economy will not result directly from coronavirus but the measures taken to try to contain it
3rd Feb 20, 12:25pm
42
Westpac economists say the damage to our economy will not result directly from coronavirus but the measures taken to try to contain it