David Hargreaves

Case against ANZ by investors in Ross Asset Management likely to be held next year, with investors claiming in excess of $50 million against the bank

Case against ANZ by investors in Ross Asset Management likely to be held next year, with investors claiming in excess of $50 million against the bank

Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy

Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy

ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics

ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics

RBNZ's new data series looking at debt-to-income ratios of home buyers shows that a third of first home buyer debt nationally, and nearly half of FHB debt in Auckland, is at a level of over five times income

RBNZ's new data series looking at debt-to-income ratios of home buyers shows that a third of first home buyer debt nationally, and nearly half of FHB debt in Auckland, is at a level of over five times income

Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure

Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure

With the Reserve Bank starting to run out of room to further cut interest rates, ANZ economists are calling for the central bank to soon unveil what its plans are for 'unconventional' monetary policy

With the Reserve Bank starting to run out of room to further cut interest rates, ANZ economists are calling for the central bank to soon unveil what its plans are for 'unconventional' monetary policy

In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years

In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years

'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops

'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops

Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake

Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake

ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'

ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'

NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down

NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down

Kiwibank economists are now predicting a 'terminal' Official Cash Rate by next year of 0.75%, but also put some possibility on the rate going to 0.5%

Kiwibank economists are now predicting a 'terminal' Official Cash Rate by next year of 0.75%, but also put some possibility on the rate going to 0.5%

With interest rates down and seemingly heading ever lower, David Hargreaves ponders how long the remarkable restraint being shown by the New Zealand public will last for

With interest rates down and seemingly heading ever lower, David Hargreaves ponders how long the remarkable restraint being shown by the New Zealand public will last for

Latest Reserve Bank figures show that annual mortgage growth has slowed for the first time since last November

Latest Reserve Bank figures show that annual mortgage growth has slowed for the first time since last November

ANZ Business Outlook Survey shows the worst sentiment in the construction sector since 2009, while overall business confidence has sagged again and more firms are expecting to cut staff

ANZ Business Outlook Survey shows the worst sentiment in the construction sector since 2009, while overall business confidence has sagged again and more firms are expecting to cut staff

New research finds the composition of migrants has no influence on house prices, but New Zealanders moving tends to push prices up more

New research finds the composition of migrants has no influence on house prices, but New Zealanders moving tends to push prices up more

BNZ chief economist Tony Alexander has crunched the data and declares that the Govt decision to can any Capital Gains Tax has not reignited investor interest in house buying

BNZ chief economist Tony Alexander has crunched the data and declares that the Govt decision to can any Capital Gains Tax has not reignited investor interest in house buying

P2P lender Squirrel Money has reported smaller losses after significantly reducing its marketing spend

P2P lender Squirrel Money has reported smaller losses after significantly reducing its marketing spend

Westpac economists change their call and now see two further cuts to the OCR this year - but they say even three cuts would be a possibility; house price rises may be even more than Westpac has forecast

Westpac economists change their call and now see two further cuts to the OCR this year - but they say even three cuts would be a possibility; house price rises may be even more than Westpac has forecast

In June the first home buyers borrowed the smallest amount for this grouping since February, while their share of the total borrowed dropped from the previous month's high

In June the first home buyers borrowed the smallest amount for this grouping since February, while their share of the total borrowed dropped from the previous month's high

Westpac NZ has made one of this country's largest ever non-government debt issues, raising NZ$900 mln for an offer that was notionally seeking NZ$100 mln

Westpac NZ has made one of this country's largest ever non-government debt issues, raising NZ$900 mln for an offer that was notionally seeking NZ$100 mln

Online lender Harmoney reports an after-tax gain of $7.22 million and vastly increased assets; still seeking new share capital

Online lender Harmoney reports an after-tax gain of $7.22 million and vastly increased assets; still seeking new share capital

BNZ chief economist Tony Alexander crunches the reasons why he believes it is not valid to assume recent declines in Australian house prices will translate to similar falls here

BNZ chief economist Tony Alexander crunches the reasons why he believes it is not valid to assume recent declines in Australian house prices will translate to similar falls here

A review of things you need to know before you go home on Monday; Mortgage and term deposit rate changes as BNZ goes low, there's a new IRD scam in town, Westpac NZ looks for $100+ mln, swaps drop, and dollar firms

A review of things you need to know before you go home on Monday; Mortgage and term deposit rate changes as BNZ goes low, there's a new IRD scam in town, Westpac NZ looks for $100+ mln, swaps drop, and dollar firms

Reserve Bank says an insurance sector prudential dashboard 'will incur some costs on the industry' and may take several years

Reserve Bank says an insurance sector prudential dashboard 'will incur some costs on the industry' and may take several years