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.
Reserve Bank Governor says 'some further easing' in OCR still likely, but conscious of impact low rates have on housing demand and higher price inflation
Reserve Bank Governor says 'some further easing' in OCR still likely, but conscious of impact low rates have on housing demand and higher price inflation
Westpac economists see unemployment hitting 6.5%, partly due to high immigration; but also see 'disappointment' for property speculators when migration boom tails off
Westpac economists see unemployment hitting 6.5%, partly due to high immigration; but also see 'disappointment' for property speculators when migration boom tails off
David Hargreaves sees a likely need for substantial changes to migration settings and for application of more Reserve Bank 'macro-prudential tools' in the year ahead
David Hargreaves sees a likely need for substantial changes to migration settings and for application of more Reserve Bank 'macro-prudential tools' in the year ahead
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