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.
Results at the latest global dairy auction seen as pleasing given the extra milk powder coming on line; overall prices firmed 1.6% and the key Whole Milk Powder rose 2.4%
Results at the latest global dairy auction seen as pleasing given the extra milk powder coming on line; overall prices firmed 1.6% and the key Whole Milk Powder rose 2.4%
Interest-only lending doesn't appear to be the problem here that it is in Australia - but there's still no good reason why we couldn't clamp down on it too
Interest-only lending doesn't appear to be the problem here that it is in Australia - but there's still no good reason why we couldn't clamp down on it too
ANZ economists believe higher interest rates and tighter credit will continue to dampen the housing market despite ongoing housing supply imbalances; estimate that average interest costs in Auckland for new purchasers are chewing up 51% of income
ANZ economists believe higher interest rates and tighter credit will continue to dampen the housing market despite ongoing housing supply imbalances; estimate that average interest costs in Auckland for new purchasers are chewing up 51% of income
The latest data showing cash-rich investors ruling the roost in Auckland demonstrate why the Government can't leave the housing market to the Reserve Bank
The latest data showing cash-rich investors ruling the roost in Auckland demonstrate why the Government can't leave the housing market to the Reserve Bank
Meeting for 13,500 UDC debenture holders to vote on winding up the finance company's existing $1.6 bln debenture plan set to take place in coming months
Meeting for 13,500 UDC debenture holders to vote on winding up the finance company's existing $1.6 bln debenture plan set to take place in coming months
Results at the latest global dairy auction were far better than had been indicated ahead of time, with overall prices firming 1.7% and the key Whole Milk Powder rising 2.9%
Results at the latest global dairy auction were far better than had been indicated ahead of time, with overall prices firming 1.7% and the key Whole Milk Powder rising 2.9%
The share price of Fletcher Building is tanking after the construction giant put out a big profit warning only weeks after releasing interim results; Govt projects may be involved
The share price of Fletcher Building is tanking after the construction giant put out a big profit warning only weeks after releasing interim results; Govt projects may be involved
GDP grows only 0.4% in December quarter versus market pick of 0.7% and RBNZ forecast of 1.0%; Stats NZ says only half of 16 industries recorded growth; September figures revised down sharply
GDP grows only 0.4% in December quarter versus market pick of 0.7% and RBNZ forecast of 1.0%; Stats NZ says only half of 16 industries recorded growth; September figures revised down sharply
BNZ economists disagree with the Reserve Bank's view that the risks are equal of interest rates moving up or down; BNZ sees inflation much higher and economic growth much lower than central bank predicts
BNZ economists disagree with the Reserve Bank's view that the risks are equal of interest rates moving up or down; BNZ sees inflation much higher and economic growth much lower than central bank predicts
A 12.4% plunge in the price of Whole Milk Powder leads overall dairy prices down 6.3%; analysts see any recovery in prices as difficult while there is a surplus of supply; economists downgrade milk price forecasts
A 12.4% plunge in the price of Whole Milk Powder leads overall dairy prices down 6.3%; analysts see any recovery in prices as difficult while there is a surplus of supply; economists downgrade milk price forecasts
BNZ economists first among the major banks to lower their milk price forecast for farmers ahead of an anticipated fall in global dairy prices at this week's auction
BNZ economists first among the major banks to lower their milk price forecast for farmers ahead of an anticipated fall in global dairy prices at this week's auction
Critical independent report prepared for Treasury that the Government tried to keep from the public says Government 'lacks an overal plan' in terms of land development and housing in Auckland
Critical independent report prepared for Treasury that the Government tried to keep from the public says Government 'lacks an overal plan' in terms of land development and housing in Auckland