David Hargreaves

Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus

Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus

New Zealand companies have been paying out big portions of their profits as dividends - but that's going to change

New Zealand companies have been paying out big portions of their profits as dividends - but that's going to change

Official figures show spending on food and groceries rose a whopping $376 million in the past month; elsewhere it's a predictably grim story

Official figures show spending on food and groceries rose a whopping $376 million in the past month; elsewhere it's a predictably grim story

One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone

One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone

ANZ Business Outlook preliminary April reading shows record lows across the board

ANZ Business Outlook preliminary April reading shows record lows across the board

In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators

In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators

We have to hope that our fairly shallow pool of investment funds is able to support New Zealand businesses in the tough times ahead

We have to hope that our fairly shallow pool of investment funds is able to support New Zealand businesses in the tough times ahead

Latest NZIER Quarterly Survey of Business Opinion shows that a net 16% of businesses are expecting to shed staff in the next quarter

Latest NZIER Quarterly Survey of Business Opinion shows that a net 16% of businesses are expecting to shed staff in the next quarter

Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021

Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation

We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it

We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it

Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced

Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced

ANZ Business Outlook for March makes for 'dreadful reading'

ANZ Business Outlook for March makes for 'dreadful reading'

The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help

The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help

BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025

BNZ's head of research Stephen Toplis says economic activity will not return to pre-crisis levels till 2023, while unemployment might not get back below 5% before 2025

Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'

Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'

The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre

The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre

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

Reserve Bank Governor says banks must not 'just stop lending to everyone' and need to have the courage to 'get out and lend'

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'

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

Reserve Bank says it wants the country's banks to be focused on looking after their customers