David Hargreaves

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; new Governor stresses that the next move could go either way

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; new Governor stresses that the next move could go either way

Some 80% of the 'Kiwibuild' houses planned for completion in the 2019 financial year will be constructed by private developers underwritten by the taxpayer

Some 80% of the 'Kiwibuild' houses planned for completion in the 2019 financial year will be constructed by private developers underwritten by the taxpayer

ANZ economists see immigration likely reducing to 40,000 a year by 2020 but say the migration outlook 'provides risks on both sides at the moment'

ANZ economists see immigration likely reducing to 40,000 a year by 2020 but say the migration outlook 'provides risks on both sides at the moment'

Property information and analytics provider CoreLogic sees property transactions remaining constrained for the rest of the year, but doesn't expect a significant drop in volumes or values across the main centres

Property information and analytics provider CoreLogic sees property transactions remaining constrained for the rest of the year, but doesn't expect a significant drop in volumes or values across the main centres

QV says while many regional centres are still seeing steady increases in price, the rate of growth continues to 'slow, plateau or even drop slightly' in the main centres

QV says while many regional centres are still seeing steady increases in price, the rate of growth continues to 'slow, plateau or even drop slightly' in the main centres

Statistics New Zealand says there were 2926 new homes consented nationally in March, up 5.3% on the same month a year earlier; Auckland had 1082 consents, up 14.9%

Statistics New Zealand says there were 2926 new homes consented nationally in March, up 5.3% on the same month a year earlier; Auckland had 1082 consents, up 14.9%

Realestate.co.nz monthly figures show Auckland had its lowest number of April month new listings for four years, while Canterbury, Wellington and Hawke's Bay had strong gains in listings

Realestate.co.nz monthly figures show Auckland had its lowest number of April month new listings for four years, while Canterbury, Wellington and Hawke's Bay had strong gains in listings

The annual growth rate in the amount of mortgage money outstanding remained at 5.8% for the third month in a row, while non-bank lenders are experiencing a perceptible rise in mortgage lending

The annual growth rate in the amount of mortgage money outstanding remained at 5.8% for the third month in a row, while non-bank lenders are experiencing a perceptible rise in mortgage lending

Westpac economists see Govt policies as acting to rein in household debt and providing scope for the Reserve Bank to further loosen lending restrictions

Westpac economists see Govt policies as acting to rein in household debt and providing scope for the Reserve Bank to further loosen lending restrictions

The amount borrowed by first home buyers topped $900 mln last month - the first time this figure has been reached since the RBNZ started releasing mortgage borrower by type information in 2014

The amount borrowed by first home buyers topped $900 mln last month - the first time this figure has been reached since the RBNZ started releasing mortgage borrower by type information in 2014

Moody's Investors Service says about US$15 billion a year could be saved in money transfer fees through mass adoption of cryptocurrency transactions

Moody's Investors Service says about US$15 billion a year could be saved in money transfer fees through mass adoption of cryptocurrency transactions

David Hargreaves says the tweaks the National Government made to immigration settings towards the end of its tenure have turned the migration tide

David Hargreaves says the tweaks the National Government made to immigration settings towards the end of its tenure have turned the migration tide

Immigration is continuing to drop from very high levels spurred by rising numbers of departing non-New Zealanders; over 3000 non-Kiwis left in March - a record for a March month

Immigration is continuing to drop from very high levels spurred by rising numbers of departing non-New Zealanders; over 3000 non-Kiwis left in March - a record for a March month

Property Institute warns the Government's moves to 'ring fence' property tax losses will have a 'disastrous impact' on the market and significantly worsen the already existing rental accommodation shortage

Property Institute warns the Government's moves to 'ring fence' property tax losses will have a 'disastrous impact' on the market and significantly worsen the already existing rental accommodation shortage

David Hargreaves updates where ANZ has got to with its now tortuous attempt to offload its New Zealand finance arm

David Hargreaves updates where ANZ has got to with its now tortuous attempt to offload its New Zealand finance arm

The Government's coming under pressure to make changes and exemptions in its legislation barring offshore buyers from owning existing New Zealand houses

The Government's coming under pressure to make changes and exemptions in its legislation barring offshore buyers from owning existing New Zealand houses

ANZ economists say the cost of building a new house has become more attractive relative to the cost of buying an existing one

ANZ economists say the cost of building a new house has become more attractive relative to the cost of buying an existing one

ASB economists see soaring butter prices as possibly giving more upside to the milk price for farmers

ASB economists see soaring butter prices as possibly giving more upside to the milk price for farmers

As the new Government puts various supply and demand policies into place aimed at the housing market, David Hargreaves wonders if it has a clear plan of how it would like to see the market looking and behaving

As the new Government puts various supply and demand policies into place aimed at the housing market, David Hargreaves wonders if it has a clear plan of how it would like to see the market looking and behaving

RBNZ Assistant Governor John McDermott says change to a dual mandate in Policy Targets Agreement will ensure the current flexibilty in the bank's approach endures

RBNZ Assistant Governor John McDermott says change to a dual mandate in Policy Targets Agreement will ensure the current flexibilty in the bank's approach endures

David Hargreaves wonders whether the Reserve Bank would be best served by leaving tough deposit restrictions in place on housing investors for the time being

David Hargreaves wonders whether the Reserve Bank would be best served by leaving tough deposit restrictions in place on housing investors for the time being

ANZ economists say high house prices and associated high debt levels have seen consumer spending remain more subdued than might have been expected with the economy buoyant

ANZ economists say high house prices and associated high debt levels have seen consumer spending remain more subdued than might have been expected with the economy buoyant

New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions

New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions

Independent Panel assisting the Government will recommend shifting ultimate power away from RBNZ Governor; also will suggest industry levies to fund RBNZ's prudential operations

Independent Panel assisting the Government will recommend shifting ultimate power away from RBNZ Governor; also will suggest industry levies to fund RBNZ's prudential operations

David Hargreaves says while the move to ring-fence' investors' losses on rental properties for tax purposes appears logical we must be cautious about assuming that all the consequences will be good ones

David Hargreaves says while the move to ring-fence' investors' losses on rental properties for tax purposes appears logical we must be cautious about assuming that all the consequences will be good ones