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.
Fonterra is now predicting a milk price of $4.60 for the current season, up from previous prediction of $3.85; Price of $4.40 confirmed for past season; dividend of 25c; production seen falling more than 5%
Fonterra is now predicting a milk price of $4.60 for the current season, up from previous prediction of $3.85; Price of $4.40 confirmed for past season; dividend of 25c; production seen falling more than 5%
Westpac economists think that inflation is set to rise, but this will only be temporary, and the economy will need more stimulation through further interest rate reductions
Westpac economists think that inflation is set to rise, but this will only be temporary, and the economy will need more stimulation through further interest rate reductions
Our Reserve Bank's entitled to feel frustrated with the delays over US interest rates because the ultimate decisions over there have an impact on its own decisions
Our Reserve Bank's entitled to feel frustrated with the delays over US interest rates because the ultimate decisions over there have an impact on its own decisions
Fonterra has retained its forecast for a 2-3% fall in milk production this season, but sees evidence that farmers are 'pulling back', which could lead to a later downward revision in forecasts
Fonterra has retained its forecast for a 2-3% fall in milk production this season, but sees evidence that farmers are 'pulling back', which could lead to a later downward revision in forecasts
The flurry of Auckland house sales ahead of rule changes in October and November could point to a more subdued spring/summer market than usual in our largest city
The flurry of Auckland house sales ahead of rule changes in October and November could point to a more subdued spring/summer market than usual in our largest city
Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50
Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50