David Hargreaves

Special purpose vehicle will fund $91 mln of infrastructure to support building of 9,000 homes at Wainui, north of Auckland

Special purpose vehicle will fund $91 mln of infrastructure to support building of 9,000 homes at Wainui, north of Auckland

David Hargreaves says the new wave of competition between banks for mortgage business may prove to be short lived but it should certainly provide some life for the housing market leading up to Christmas

David Hargreaves says the new wave of competition between banks for mortgage business may prove to be short lived but it should certainly provide some life for the housing market leading up to Christmas

Auckland-based non-bank deposit taker FE Investments has reissued its annual accounts after failing to disclose payments received by directors through another company they control

Auckland-based non-bank deposit taker FE Investments has reissued its annual accounts after failing to disclose payments received by directors through another company they control

An independent report prepared for farmer shareholders shows a $2 billion 'opportunity cost' in foregone earnings during Fonterra's 17 years of existence; 'value-added' business returns 'significantly below' what is needed

An independent report prepared for farmer shareholders shows a $2 billion 'opportunity cost' in foregone earnings during Fonterra's 17 years of existence; 'value-added' business returns 'significantly below' what is needed

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still sees upside and downside risks

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still sees upside and downside risks

Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little

Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little

Stats NZ says unemployment rate now lowest since June 2008; Employment rate at 68.3% is highest since the series began 30 years ago; wage growth remains subdued

Stats NZ says unemployment rate now lowest since June 2008; Employment rate at 68.3% is highest since the series began 30 years ago; wage growth remains subdued

Westpac NZ's David McLean is seeing increased competition between the banks as the spring housing market springs to life

Westpac NZ's David McLean is seeing increased competition between the banks as the spring housing market springs to life

Fonterra offering an 'indicative margin' of 1.25% to 1.35% on the new seven-year bonds

Fonterra offering an 'indicative margin' of 1.25% to 1.35% on the new seven-year bonds

Westpac NZ annual cash earnings rise 5%, statutory earnings up 3% to $936 mln, three-year business transformation programme yielding benefits

Westpac NZ annual cash earnings rise 5%, statutory earnings up 3% to $936 mln, three-year business transformation programme yielding benefits

A new 'streamlined' system of prudential supervision covering both banks and non-bank deposit takers is strongly suggested in the consultation document for next stage of Reserve Bank Act

A new 'streamlined' system of prudential supervision covering both banks and non-bank deposit takers is strongly suggested in the consultation document for next stage of Reserve Bank Act

Consultation document for next stage of Reserve Bank Act review gives clear signals that some form of formal protection for bank depositors is likely to be introduced

Consultation document for next stage of Reserve Bank Act review gives clear signals that some form of formal protection for bank depositors is likely to be introduced

Latest Reserve Bank monthly figures show declines in the rate of annual borrowing growth across the personal, housing, business and agricultural sectors

Latest Reserve Bank monthly figures show declines in the rate of annual borrowing growth across the personal, housing, business and agricultural sectors

ANZ's latest Business Outlook Survey shows shows sharp drop in intentions to construct in both residential and commercial sectors; ANZ Chief Economist says next official interest rate move is more likely to be a cut than a hike

ANZ's latest Business Outlook Survey shows shows sharp drop in intentions to construct in both residential and commercial sectors; ANZ Chief Economist says next official interest rate move is more likely to be a cut than a hike

Two and a half years after putting NZ finance subsidiary UDC on the block, ANZ says it's 'putting on hold' all sale discussions

Two and a half years after putting NZ finance subsidiary UDC on the block, ANZ says it's 'putting on hold' all sale discussions

ANZ economists believe the RBNZ will further relax the mortgage lending restrictions next month, though not by much; they see a 'neutral level' of low deposit loans being about 15%-20% of banks' lending

ANZ economists believe the RBNZ will further relax the mortgage lending restrictions next month, though not by much; they see a 'neutral level' of low deposit loans being about 15%-20% of banks' lending

National Finance Spokesperson Amy Adams says the Government's planned reforms could undermine the Reserve Bank and turn it into a political tool

National Finance Spokesperson Amy Adams says the Government's planned reforms could undermine the Reserve Bank and turn it into a political tool

David Hargreaves suggests that if we want to get something positive out of this week's National Party meltdown, we should urgently consider changes to the way our political parties are funded

David Hargreaves suggests that if we want to get something positive out of this week's National Party meltdown, we should urgently consider changes to the way our political parties are funded

Treasury head Gabriel Maklouf says providing the new Government with advice on complex issues 'had an impact on the quality of what we could deliver' and also had an impact on the wellbeing of Treasury staff

Treasury head Gabriel Maklouf says providing the new Government with advice on complex issues 'had an impact on the quality of what we could deliver' and also had an impact on the wellbeing of Treasury staff

ASB economists now see a milk price for this season of $6.25 per kilogram of milk solids, down from a previous forecast of $6.50; see farmer net earnings as about $240 million lower

ASB economists now see a milk price for this season of $6.25 per kilogram of milk solids, down from a previous forecast of $6.50; see farmer net earnings as about $240 million lower

David Hargreaves says the NZ Super Fund's warning that we must not 'lose our nerve' in the face of short-term investment losses needs to be taken to heart by a nation still struggling to understand risk, reward and diversification

David Hargreaves says the NZ Super Fund's warning that we must not 'lose our nerve' in the face of short-term investment losses needs to be taken to heart by a nation still struggling to understand risk, reward and diversification

Stats NZ says prices rose 0.9% in the September quarter, giving an annual inflation rate of 1.9%; economists expected just a 0.7% quarterly rise

Stats NZ says prices rose 0.9% in the September quarter, giving an annual inflation rate of 1.9%; economists expected just a 0.7% quarterly rise

We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table

We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table

There's some expectation the Reserve Bank might loosen mortgage lending restrictions next month - but the 'evidence' either supportive or against such a move is is not definitive

There's some expectation the Reserve Bank might loosen mortgage lending restrictions next month - but the 'evidence' either supportive or against such a move is is not definitive

Guardians of NZ Super say 'from peak to trough' the Fund would lose over half its value in a global financial crisis - but they estimate the losses could be recouped within 20 months

Guardians of NZ Super say 'from peak to trough' the Fund would lose over half its value in a global financial crisis - but they estimate the losses could be recouped within 20 months