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.
Chinese conglomerate HNA plans to place NZ finance company UDC under the wing of its large European-Canadian equipment service subsidiary TIP Trailer Services
Chinese conglomerate HNA plans to place NZ finance company UDC under the wing of its large European-Canadian equipment service subsidiary TIP Trailer Services
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
BNZ economists now predict rate hikes early next year and the RBNZ will be 'negligent' if it doesn't explicitly indicate higher interest rates in future when it reviews the OCR ths week
BNZ economists now predict rate hikes early next year and the RBNZ will be 'negligent' if it doesn't explicitly indicate higher interest rates in future when it reviews the OCR ths week
A review of things you need to know before you go home Thursday; The costly stormy tempest, ANZ's responsible investing, open season on farmers? swap rates rise, NZD falls
A review of things you need to know before you go home Thursday; The costly stormy tempest, ANZ's responsible investing, open season on farmers? swap rates rise, NZD falls
Auckland Council expresses 'significant concerns' about aspects of the Government's proposed Urban Development Authorities, including the composition and powers of them and the nature of new development that could arise
Auckland Council expresses 'significant concerns' about aspects of the Government's proposed Urban Development Authorities, including the composition and powers of them and the nature of new development that could arise
Economists see results at latest dairy auction as boding well for the milk price to farmers in the upcoming season; overnight overall dairy prices lifted 3.6%, while Whole Milk Powder gained 5.2%
Economists see results at latest dairy auction as boding well for the milk price to farmers in the upcoming season; overnight overall dairy prices lifted 3.6%, while Whole Milk Powder gained 5.2%
New Reserve Bank figures show housing investors' borrowing levels are down over 30% on a year ago, but lending to first home buyers and owner occupiers is up
New Reserve Bank figures show housing investors' borrowing levels are down over 30% on a year ago, but lending to first home buyers and owner occupiers is up
Latest figures show Government spent $550 mln of taxpayers' money in past three months to put roofs over the heads of Kiwis - but the waiting list for houses is still getting bigger; Labour slams 'expensive band aid' emergency grants
Latest figures show Government spent $550 mln of taxpayers' money in past three months to put roofs over the heads of Kiwis - but the waiting list for houses is still getting bigger; Labour slams 'expensive band aid' emergency grants
New RBNZ figures show over a quarter of the amount owed on mortgages in this country is for investment property, while over 40% of that money is on interest-only terms
New RBNZ figures show over a quarter of the amount owed on mortgages in this country is for investment property, while over 40% of that money is on interest-only terms
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