David Hargreaves

ANZ Business Outlook survey indicates that 'the recession is just starting to make itself felt'

ANZ Business Outlook survey indicates that 'the recession is just starting to make itself felt'

New economic index being published by Treasury shows that activity plummeted 19% in April compared with a year earlier but then bounced back in May

New economic index being published by Treasury shows that activity plummeted 19% in April compared with a year earlier but then bounced back in May

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

Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May

Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May

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

RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary

RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary

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

RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders

RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders

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

ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity

ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity

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

Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown

Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown

Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash

Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash

The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase

The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase

Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders

Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders

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

Preliminary results from the ANZ Business Outlook survey for June show broad improvement in sentiment but from very low levels

Preliminary results from the ANZ Business Outlook survey for June show broad improvement in sentiment but from very low levels