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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

Kiwibank economists say despite the residential construction boom the country is still falling short of what it needs to build; further short term weakness seen in Auckland house prices, however
18th Jul 19, 1:36pm
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Kiwibank economists say despite the residential construction boom the country is still falling short of what it needs to build; further short term weakness seen in Auckland house prices, however
Fitch Ratings affirms the AA- ratings of ANZ and Westpac but warns both they and their NZ subsidiaries might see a weakening in earnings relative to their peers
18th Jul 19, 11:39am
3
Fitch Ratings affirms the AA- ratings of ANZ and Westpac but warns both they and their NZ subsidiaries might see a weakening in earnings relative to their peers
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
17th Jul 19, 11:35am
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
David Hargreaves wonders if the push-back, particularly by the Big Four Aussie banks, against the RBNZ's capital proposals may ultimately prove to be counter-productive
17th Jul 19, 10:29am
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David Hargreaves wonders if the push-back, particularly by the Big Four Aussie banks, against the RBNZ's capital proposals may ultimately prove to be counter-productive
Department of Internal Affairs says Regus Management has failed to meet requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
17th Jul 19, 9:04am
Department of Internal Affairs says Regus Management has failed to meet requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
David Hargreaves says the Government needs to take a hard look at the growing usage of Kiwisaver to fund deposits for houses - and the risks that this carries
16th Jul 19, 9:50am
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David Hargreaves says the Government needs to take a hard look at the growing usage of Kiwisaver to fund deposits for houses - and the risks that this carries
The Financial Markets Authority says filing of legal action against ANZ by RAM investors is the 'right result'
12th Jul 19, 9:07pm
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The Financial Markets Authority says filing of legal action against ANZ by RAM investors is the 'right result'
APRA will make each of ANZ, National Australia Bank and Westpac hold an extra A$500 mln 'to reflect higher operational risk identified in their risk governance self-assessments'
11th Jul 19, 1:02pm
2
APRA will make each of ANZ, National Australia Bank and Westpac hold an extra A$500 mln 'to reflect higher operational risk identified in their risk governance self-assessments'
KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations
11th Jul 19, 9:43am
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KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations
David Hargreaves argues that the current push to devolve central government powers to local authorities should not be countenanced - but there's a danger it will be with an election looming
9th Jul 19, 1:09pm
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David Hargreaves argues that the current push to devolve central government powers to local authorities should not be countenanced - but there's a danger it will be with an election looming
Westpac economists pare back their economic growth forecasts and now see annual GDP growth of just 2.4% through the first half of this year, however, they reckon house price growth could be even stronger than they previously forecast
8th Jul 19, 11:17am
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Westpac economists pare back their economic growth forecasts and now see annual GDP growth of just 2.4% through the first half of this year, however, they reckon house price growth could be even stronger than they previously forecast
Shareholders vote overwhelmingly in favour of $588 million takeover deal for Westland Co-operative Dairy Company; regulatory hurdles still ahead; NZ First - it's a sad day
4th Jul 19, 1:38pm
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Shareholders vote overwhelmingly in favour of $588 million takeover deal for Westland Co-operative Dairy Company; regulatory hurdles still ahead; NZ First - it's a sad day
David Hargreaves thinks the RBNZ should have lost its role as insurance regulator, but since it will be keeping the role, the emphasis needs to be on ensuring it is now better resourced for the job
4th Jul 19, 10:30am
1
David Hargreaves thinks the RBNZ should have lost its role as insurance regulator, but since it will be keeping the role, the emphasis needs to be on ensuring it is now better resourced for the job
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
3rd Jul 19, 5:00am
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
NZIER Quarterly Survey of Business Opinion shows a net 31% of businesses see deteriorating conditions over the next 12 months; survey results likely to put more downward pressure on outlook for interest rates
2nd Jul 19, 10:23am
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NZIER Quarterly Survey of Business Opinion shows a net 31% of businesses see deteriorating conditions over the next 12 months; survey results likely to put more downward pressure on outlook for interest rates
Reserve Bank Deputy Governor says the central bank is 'comfortable' with further easing in bank lending restrictions for home buying
1st Jul 19, 10:14am
12
Reserve Bank Deputy Governor says the central bank is 'comfortable' with further easing in bank lending restrictions for home buying
In May the first home buyers hit their highest monthly total of borrowing, the highest share of the total advanced - and borrowed more in dollar terms than investors for the first time
27th Jun 19, 3:26pm
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In May the first home buyers hit their highest monthly total of borrowing, the highest share of the total advanced - and borrowed more in dollar terms than investors for the first time
ANZ Business Outlook Survey shows considerable improvement in mood in residential construction sector, though the overall construction outlook remains grim
27th Jun 19, 1:45pm
4
ANZ Business Outlook Survey shows considerable improvement in mood in residential construction sector, though the overall construction outlook remains grim
A season of two halves draws to a close with Fonterra's NZ milk production only just slightly up on the 'weak' figures of a year earlier; forecasts similar volumes for new season
26th Jun 19, 12:22pm
A season of two halves draws to a close with Fonterra's NZ milk production only just slightly up on the 'weak' figures of a year earlier; forecasts similar volumes for new season
IMF cautions the Reserve Bank about any further loosening of the 'speed limits' on high loan to value residential lending; welcomes prospect of introduction of vacant land tax and says Govt could go 'broader'
26th Jun 19, 10:57am
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IMF cautions the Reserve Bank about any further loosening of the 'speed limits' on high loan to value residential lending; welcomes prospect of introduction of vacant land tax and says Govt could go 'broader'
OECD report notes lack of success of KiwiBuild programme and says Govt should focus more on low-income renters
25th Jun 19, 10:18am
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OECD report notes lack of success of KiwiBuild programme and says Govt should focus more on low-income renters
David Hargreaves says Facebook's pre-emptive strike with a global cryptocurrency has given huge urgency to the whole question of what happens after cash
25th Jun 19, 9:16am
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David Hargreaves says Facebook's pre-emptive strike with a global cryptocurrency has given huge urgency to the whole question of what happens after cash
BNZ economists say there is now a 'solid risk' the Reserve Bank might cut the Official Cash Rate as early as Wednesday; Kiwibank economists also say that's a possibility
24th Jun 19, 1:59pm
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BNZ economists say there is now a 'solid risk' the Reserve Bank might cut the Official Cash Rate as early as Wednesday; Kiwibank economists also say that's a possibility
ASB economists say restrictions on non-resident house buying in NZ are 'biting' and this supports the ASB view that there will only be a 'modest' pick-up in house prices in the second half of this year
24th Jun 19, 1:22pm
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ASB economists say restrictions on non-resident house buying in NZ are 'biting' and this supports the ASB view that there will only be a 'modest' pick-up in house prices in the second half of this year
Former RBNZ chairman Arthur Grimes suggests the central bank might want to consider reversing the interest rate cut it made a month ago
24th Jun 19, 11:43am
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Former RBNZ chairman Arthur Grimes suggests the central bank might want to consider reversing the interest rate cut it made a month ago